by We all thought that by 2025, we’d have flying cars and robot butlers — yet here we are, without those things. While those sci-fi dreams are on hold, something unexpected has taken off: the complete digital transformation of traditional industries, particularly in one of the most unlikely areas, i.e., notarization.
A few years ago, closing a real estate deal looked tiring, especially for real estate companies that are constantly traveling, working in different offices, and balancing the cost of paper with taking notes on everything.
Even when everything was completed, it took weeks to fill out the agreement and sign the final deal. But not anymore. The recent shift of real estate companies towards online notarization platforms has helped close real estate transactions faster.
According to the 2024 report by the National Association of Realtors, over 63% of real estate transactions now include utilization a remote online notarization platform. The data highlights how online notarization platforms are becoming the top priority for real estate companies and as their preferred way for document authentication.
Homebuyers are enjoying how the digital transformation of document verification has completely changed their world, bringing convenience to them. Not only for the clients, but the real estate agents are also enjoying the flexibility of the work and how they can work without travelling.
And most importantly, the real estate companies, which are now seeing the rise of their customers across the world. In today’s article, we will take you through the journey of the Online Notary Services in the USA and how it is helping real estate companies. Excited to know? Continue reading the article.
What are Online Notary Services?
An online notary service or a remote online notarization platform is a digital platform that allows users to notarize their documents digitally through a secure video conference between the signer and the certified notary public. The online notarization is similar to the traditional notarization; however, it eliminates signers and the notary to have an in-person meeting, instead giving them an opportunity to meet through video conferencing.
This is life-changing for old age. People with disabilities, people who need urgent notarization, people who are out of the country, and more.
Additionally, it works great if the document needs to be signed by multiple designers and they are not present physically at the same place. For the real estate transaction, it is common to have such a situation, which can ultimately delay the closing of the deal. Thus, Remote Online Notarization brings convenience and satisfaction for the people.
Major Benefits of Online Notary Services for Real Estate Companies
According to a 2024 survey by the American Land Title Association, over 42% of real estate closing in the US involved some form of remote online notarization. The data further highlights that the number of real estate closings involving online notarization services is drastically increasing year by year.
This represents a significant opportunity for real estate companies to collaborate with Online Notarization Companies and provide a comprehensive solution for their customers. Here are how real estate companies can benefit from using online notarization services.
1. Increase your Client base Internationally and Nationally
By offering online notarization services, real estate companies can expand their client base and experience business growth. Millions of people, including employees and students, come to the USA every year. These people either want an apartment or a rental property.
During this time, the majority of people search for real estate property internationally and many times book the property because of the urgency. During such time, providing a remote online notarization facility to authenticate the ID and facilitate the closing becomes necessary.
Additionally, real estate companies can also look for international investors who can be interested in buying or using the property. This is the reason why the majority of real estate companies have already integrated online notarization systems into their platform. If you are one of the companies looking for a similar solution, the eNotary On Call provides the best integration for your business.
2. Speed Up Cosings
For the real estate companies, it is necessary that the closing be completed as soon as possible. However, the traditional real estate closings can take up to 90 days. With online notary services, you can reduce the closing time and get the deal instantly.
Now, no more courier, delivery, printer, champs, or scheduling conflicts because the 24×7 online document signing and instant ID verification through the RON Platform make sure that nothing is left to hinder the closing.
3. Reduce Expenses and Boost Efficiency
As a real estate company, you must be exhausted by printing, scanning, and mailing the document to your client. And this is too much of a task. However, through online notarization platforms, you can eliminate the hassle of this by enabling the RON Platform to handle everything.
This will also save your money as you don’t have to pay for the courier fees, travel expenses that are required for in-person signing, and the paper and ink costs. Additionally, the RON platform automates parts of your compliance, stories, and auditing by saving your time and effort.
4. Increase Customer Satisfaction.
One of the very crucial elements for any business is customer satisfaction, and by choosing remote online notarization services, you can be efficient and offer satisfaction to your customers. Customers have completely shifted to the online world. From shopping to eating, everything has been done online, and when notarization of documents is transferred digitally, customers happily accept it.
Now you can notarize your lease agreement and home purchase document digitally without anytwhich, which will help the company to improve the client journey and boost referrals and repeat business in the future.
5. Collaboration with Remote Teams.
Real estate companies can now work with multiple real estate agents from defense parts of the country and increase their business by allowing the remote team to work digitally. Now your broker, agents, and attorneys can work remotely and attract clients. If any real estate company is already handling multiple offices and has virtual teams, this will work as a miracle for you.
Conclusion
Thus, from a lease agreement to a rental agreement, everything can be done efficiently by using online notary services. In 2025, most of the real estate companies in the USA will already be using online notarization services for their businesses.
As the US state has already realised and recognised the digitally notarized documents, it is helping businesses to attract international clients.
If you are a real estate company looking for a secure and user-friendly platform, eNotary On Call is there for your rescue. Contact our team now and get the best customized solution for your business.
