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In today’s world, everyone is concerned about online security. This becomes even more significant when dealing with sensitive real estate transactions, client information and online signatures. There are many products that can help real estate agents be safe online, but one in particular is perfect for online transactions. It is the Community feature in the zipForm® Plus package, which is available for free to all Massachusetts brokers and agents.
The Community allows agents in single user accounts to collaborate directly with clients, giving the client the ability to log into a zipForm® portal and make changes in the zipForm® documents within their transaction. These edits are tracked under a history section within the transaction. Upon login to either the agent or client accounts, the end user will then see a notification alert making it easy to track all changes that are made by the other party.
The zipLogix® Community also allows brokers using broker accounts to collaborate with their agents on transactions and provide pre-approval on forms prior to client delivery. All partners in a transaction can communicate securely and confidently with each other, and can share things as sensitive as wire transfer instructions. Here is the zipLogix™ Community and its features at a glance:
Here are four reasons why you should try the zipLogix® Community today:
1. You stay in control. You choose who can views or edits forms, and they only have access to the forms you send them.
2. It’s free for participants. Recipients receive step-by-step instructions for creating their own free zipLogix® account when you send an invitation to collaborate.
3. Increased security. No need to send and receive forms as email attachments or share your login information.
4. There’s a paper trail. The history tab allows you to see a complete history of edits and documents views.
Filling out real estate forms can be a daunting task. They can be long, complicated and require lots of signatures. But forms have a purpose, of course. They also tend to make transactions run smoother, especially digital forms that can be signed electronically and eliminate the hassle of scheduling in-person meetings. When working with a seller, there is one form which comes to mind that can do just that.
The Seller’s Statement of Property Condition is a standard form, but the state of Massachusetts does not require this form to be filled out as a part of a real estate transaction. So, it’s up to the individual company to decide if they are going to use it or not.
This eight-page form can be a wealth of information for buyers. Quite simply, the form details everything a homeowner may know or doesn’t know about the property during the time they have owned it. In this form, members will find questions about special permits, water damage and structural components, including heating, plumbing etc.
Many of the sellers complete the form by checking the third box, “unknown.” However, if sellers take time to fully complete this form, they could save a buyer the trouble of making an offer. In addition, it’s very difficult for a buyer to come back after a home inspection and ask a seller to provide credit for a repair if they were aware of the issue prior to an offer. The more one discloses, the less they have to deal with after.
Whether your company requires sellers to complete the Seller’s Statement of Property Condition or not, you should know that there is an easy way to access it through MAR’s website as a member benefit. One of the recent upgrades allows you to email the Seller’s Statement of Property Condition to a client and have it completed electronically. It works like electronic signature. Once the seller completes the form, the agent gets a notification that the form has been completed.
It’s nice to know that in today’s fast-paced world, even lengthy real estate forms can be completed quickly and painlessly.
For more information on your free access to zipLogix, the official forms software of the National Association of REALTORS®, as a member of the Massachusetts Association of Realtors® please visit the MAR forms page.