Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.
With the rise in digitization, innovators are coming up with many technologies to assist businesses in carrying out their operations. One such innovation includes online faxing. Many companies utilize online faxing because of its impact on the real estate sector, specifically the realtor business. Read on to find out more about its benefits.
Most realtors spend their working days in the field, going house to house, seeing client after client, and holding several meetings.
Realtors need to process many documents involved with all these activities. Without an online faxing system, the realtor has to allocate a section of their day to return to the office and do the paperwork.
However, by investing in online faxing, the realtor can process documents on the go and send a fax online with MyFax and similar options to the relevant recipients from their mobile phone.
This eliminates the need to pile up work and sit in the office until the end of the day to send them. An online faxing system will bring a lot of convenience for realtors and increase their productivity levels.
As stated earlier, a realtor handles many documents which contain vital information. Hence, disposal is out of the question as a need for documentation might arise in the future. Without a smart system in place, most realtors will utilize physical storage areas.
These consume many resources for their maintenance and the space they occupy.
A cloud-based online fax system will allow a realtor to store all documents on its platform and back them up on the cloud. Cloud offers unlimited storage space; therefore, you don’t need to worry about space availability as a realtor.
The online fax system also allows you to quickly retrieve documents when you need them through a search engine. You don’t need to go over thousands of records to find what you need.
The real estate business is broad, with some clients wanting to venture into international markets. Having international clients might be a challenge, mainly with limited resources.
However, online faxing can change the game for realtors. If you’re interested in offering your services in a foreign country, you have to register an
online fax phone number that aligns with the code of the said country. Thus, clients from foreign countries can reach you through this fax number.
With the possibility of all documentation done online, including signage, distance isn’t a hindrance for you to close international deals. Along this journey, you might only have to make one trip to view a property which you can do in a day or two.
This will expand your client base and portfolio, accelerating your career in general and developing your network.
Security is a vital aspect since you handle a lot of sensitive data on various clients as a realtor. A possible breach of this information could lead to many losses, including lawsuits from your clients. When utilizing a traditional faxing system, data is susceptible to breach. For instance, a mere passerby in your office can view the faxed data on the machine.
The narrative changes with realtors using an online fax system as you can easily restrict access to documents by setting up passwords. Here, you can utilize password management tools to ensure you set up strong passwords for sensitive data.
Using online fax allows for end-to-end encryption, where no other party will see the fax being sent apart from the sender and recipient. This takes client confidentiality to a new level.
Signing documents mark the last procedure of realtors closing a house sale. This process can take a long time in some situations, especially if the parties involved are far away from each other. Hence, you can send the documents physically, which might tamper with privacy, or one of the parties could rearrange their schedule to meet with the other party.
However, the electronic signage features of online faxing make this process much more manageable. With this system, you can quickly sign a contract without printing it and send the document to the client, who’ll also sign electronically and fax back the papers.
Therefore, the closure process ends within no time, without any party needing to go to the other physically.
As discussed above, online faxing has a lot of potential in the real estate business.
It might be the big break that realtors need to grow their industry and increase sales and turnover rates. Therefore, you need to weigh your options and decide if you should adopt online faxing as a realtor.