Real Estate Technology - Dotloop
Our company, Berkshire Hathaway HomeServices Professional Realty is well in tune with the environmental issues and has taken positive "Green" steps. One of the things our company has done was to implement and promote the usage of paperless information technology, Dotloop.
Dotloop is a completely paperless solution to writing and exchanging real estate purchase contracts online via its technology.
The servers are secure and the cost is affordable, even if you would like the use of the technology and your brokerage is not currently a participating provider. The initials and signatures of a client are verified and acceptable by almost all lenders and government agencies.
Dotloop is also a huge time-saver. The brokerage (or agent) can upload and save any/all contract documents. The user is then able to segregate the files into various folders for future use.
If the brokerage has not already “assigned fields” to the documents, the user has the ability to do so themselves. This can be very handy if the agent needs to customize and upload some of their own documents to be sent to their clients to obtain signatures and/or initials.
I’ve even conducted some real estate transactions from across the country via Dotloop. It is so easy to use and such a huge time saver as well as very environmentally friendly. If the receiving agent is not already a member of Dotloop, no worries, the files can be sent via email as a PDF attachment or even faxed to the recipient via the internal fax feature of Dotloop.
All of the documents are time stamped and verified and you can view a running history of who opens the documents, etc. Realtors will no longer be able to claim they never received your offer and get away with it. Dotloop is watching them, it sees everything.
The Dotloop system is easily able to handle large file transfers as well which too is a big plus in our industry. Often, a client needs to receive a large set of documents, such as a HOA document file. The system can easily handle the transfer of large files.
Another cool feature of the system, you can use the “messenger” feature and communicate with all parties involved in the transaction and the communications as well as messages are “saved” in the respective client Dotloop folder for each transaction. Your client has the ability to create their own username and password and Dotloop will save all of their documents and information for 7 years.
I cannot say enough how much I appreciate the fact that our company has provided its agents with such awesome technology and Dotloop is only one such tool we offer.
If you would like additional information about our company and how we might be better able to help you with a career in real estate, please let me know! I’ll be glad to assist you with a confidential interview. If you are brand new to the real estate industry and are interested in joining our company, ask me about the tuition refund program for newly licensed agents that begin their careers with our company.