by Real estate companies are moving faster, and everything associated with them should run faster to match the pace. One of the most important things for the title company is online notarization. In the US, online notarization has become one of the most significant ways of notarizing documents for the people. Almost all the states have legalized the Remote Online Notarization Platform’s notarized documents.
If you’re a title company juggling tight deadlines, remote clients, and stacks of paperwork, you know how crucial it is to keep the process smooth, secure, and speedy. Big companies are shifting from Traditional Notarization to Online Notarization platforms for fast, safe, and easy notarization.
You are missing something big if you haven’t considered using an online notarization platform for your title company. Want to know what? In this article, we will guide you through the importance of online notarization for the title companies. Stay till the end because we have some special advice for you.
What Is Online Notarization (RON)?
Online notarization is precisely what it sounds like: notarization of the documents online or remotely. Online or remote notarization allows the individual to perform the notarization activity from the comfort of their home.
So now you can sip the coffee and sit on your comfortable couch without worrying about going out to find a notary. You perform the notarization via a secure video call. Let’s take a look at how online notarization works:
Step 1: Upload Your Document
After signing into the platform, you upload the documents that need notarization.
Step two: Verify Your Identity by KBA & ID Verification
Once you upload your document, you need to verify your identity. For that, you need a government-issued photo ID like a driver’s license or passport and other supporting documents, like a Social Security card or proof of address.
Once you’ve done this, the system will verify your identity digitally within a few seconds and let you proceed to the next step. Remember, you need to fill in your card details to pay for KBA and the future notarization process. The fee for notarization differs from platform to platform and according to the documents you seal and sign.
Step 3: Connect with the Online Notary
Once the process is complete, the platform will connect you with the license notary to perform the notarization process.
Step 4: Download Your Notarize Documents
You will receive the documents instantly after the notary signs and seals them.
What Exactly Does an Online Notarization Platform Help Title Companies?
Imagine you are about to close on your dream home, you are excited, and so is your family. However, the paperwork is hectic. Generally, a person will schedule an appointment, visit the notary or public official, and sign the massive pile of documents before them.
That’s how the typical traditional notarization works. But not anymore, today, you can do the document notarization, even if you have to sign a mountain of documents, from the comfort of your home.
For title companies juggling multiple closings and time zones, it becomes frustrating for them to notice every single document. Even if they have in-house notaries, managing other state clients becomes time-consuming. Because of such reasons, title companies have started to rely on online notarization.
Here are the main reasons why they are choosing the Online Notarization platform over Traditional notarization services:
You may also like: How to Become an Online Notary in Florida?
1. Fast Closings
Earlier, Title companies had to wait a long time for the deal to close. Now, because of Online Notarization services, they don’t have to wait on scheduling or shipping. Signers and notaries connect in real-time, from anywhere in the world, and perform the notarization within a few minutes. It’s easy, simple and efficient.
2. Enhanced Security
RON platforms use encryption, digital audit trails, and session recordings, making fraud impossible. By using the Remote Online Notarization Platform, individuals are saving themselves from potential fraud.
While people may wonder that online notarization attracts fraud and risk, you just ensure to choose a platform that holds legal compliance and security certification like enotary on call.
3. Greater Flexibility
Another significant reason why people choose the RON platform is the flexibility of notarizing documents from anywhere. Whether you are in your state, outside the state, or outside the country, you can use the notarization platform to perform notarization services.
You may also like: Which Divorce Document Needs to be Notarized?
4. Cost Efficiency
Compared to the other means of notarization, online notarization is cheap. The notarization of the document starts at only $25. You don’t have to travel long roads to do the notarization now. It further saves the title company money.
5. Better Customer Service.
Title companies want to provide exclusive services to their customers. So, choosing the RON platform for document notarization can efficiently improve the clients’ experience.
Is Online Notarization Legal and Valid?
Yes, it is. In the US, most states have passed legislation recognizing the legality of online notarization platforms. The law of the USA authorizes the platform to perform notary services. It has its own set of rules that need to be followed on the platform and also by the notary to become eligible.
Our Platform, eNotary On Call, is legally authorized to perform the online notarization services. All the registered notaries of the platform hold the legal certification to perform online notaries.
Title Companies: How to Choose the Right RON Platform?
Now, the big question! Which RON Platform is right for you? All the title companies that are looking for a reliable RON platform must look for these things:
- Strong identity verification (e.g., knowledge-based authentication)
- Cloud-based storage with audit trails
- Bank-grade encryption
- Integration with title, escrow, and eClosing platforms
We are here to remove your work, from selecting the right RON company to notarizing your client’s documents.
Final Thoughts
Online notarization platforms might have recently become popular among people because of their convenience and easy process, but they will remain popular among people and businesses forever. As real estate continues to grow, title companies that adopt digital service tools for their business thrive and make themselves distinct from their competitors.
Whether you are closing the deal on your apartment or office, online notarization is available. Visit eNotary On Call and connect to our support team.
