How Do You Do Electronic Lease Signing

Question

I have been signing documents electronically for real estate transactions for a few years. I know this has been adopted widely in the realtor community. It makes it very easy and fast to place offers.

On my last two lease signings, I have decided to do electronic signatures. I did it due to the tenants being out of town, but I am now thinking that I would like to do it with local tenants too. It is a huge time savings and I am working to automate my business, so that I don't need to be there.

My question to all the realtors, agents, landlords out there is, what options are there for low cost electronic document signing? I have used a free trial to Docusign and now SigningHub but I am going to run out of places to free trial pretty quickly, haha. I don't do enough transactions like a realtor to warrant a monthly subscription. I don't mind paying per transaction, something like $10 would be ok.

Any thoughts or recommendations?

Nathan Gesner · Answer

I have Propertyware which has an e-signing option but that's too expensive for your portfolio. Adobe is an option.

Docusign is $10 a month for 5 documents or for $20 a month you get unlimited and could use it for sales, as well.

We use Zipforms and it includes an esignature software for free. Check and see if your state or local board provides a free or discount option.

Alex Smith · Answer

We also use Docusign.

I've also seen some agents use Dotloop, though I do not know how much it runs.

Gie Felton · Answer

@Joe Splitrock Adobe Fill & sign is only $20 per month so it will be well worth it  after only 2 uses. It also comes with adobe mobile app use to fill & sign on the fly. Emails are sent to clients in user or business name. Notification is sent to you once contract is sent & also when the client signs. Very professional!

Alex S. · Answer

About 6 month now, I like them. They stay on top of everything.

Calvin Ozanick · Answer

@Joe Splitrock then I would go with adobe docu-sign. This is something available through buildium.

Calvin Ozanick · Answer

Depending on how large your portfolio is, Buildium has been great for us. We have found that for anything under 50 units, it costs about $150 per month for pro. However, that includes up to 30 e-leases per month, along with their accounting and communication add ons as well.

Aleks Dahlberg · Answer

Avail is your best bet, and fun fact: over 100,000 landlords use it! I believe that makes it the most used rental software for private landlords?

Joe Splitrock · Answer

Thanks for the recommendation. I have never heard of Avail before. It looks kind of like Cozy but with a couple extra features. How long have you been using this service?

Joe Splitrock · Answer

Thanks that is a great solution for more properties, but I currently only have 10 properties. I am probably looking at two leases a year. Maybe more with renewals, but most my leases just go to month-to-month.

Alex S. · Answer

I use avail for that

How Do You Do Electronic Lease Signing

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