Cincinnati, OH (PressExposure) March 09, 2011 -- DotLoop, the real estate industry's first real-time collaborative workspace for sharing and signing documents, continues its national expansion in Washington D.C. Real estate agents, brokers, buyers and sellers of our nations capital will save time, avoid burnout and get deals done via DotLoop's web-based negotiation platform.
Typically, drafting real estate contracts and negotiating is a long and tedious process, requiring considerable time sifting through and signing multiple documents to close a deal. DotLoop's collaborative workspace allows all parties in a real estate transaction to add, adjust and electronically sign documents. Its unique, "Version-Now" technology provides agents and clients' access to the most up-to-date copy of a contract, increasing visibility and transparency during negotiations; therefore reducing the time needed to reach an agreement.
Since Congress enacted the ESIGN Act in 2000, most sectors of the business world have adopted electronic signatures and document sharing as a more efficient and secure alternative to traditional transaction practices.
From federal employees to independent business professionals, Washington D.C. residents make up a workforce that understands the importance of security and efficiency in contract negotiations. When these professionals decide to buy a home, they'll appreciate a transaction experience that reflects those values.
For most, the purchase of a new home is the biggest investment they'll ever make. The collaborative workspace of DotLoop reduces the stress and anxiety of buying a home, providing a positive agent/client relationship by removing the inefficiencies of traditional real estate such as faxing smudged documents, deciphering illegible handwriting and driving between meetings.
In a city with long commutes, DotLoop's collaborative workspace reduces drive time, yet facilitates a level of communication between parties comparable to sitting at a table together. With gas prices in our nations capital averaging $3.70 per gallon and rising, agents will reap the benefits of saving both time and money.
Consequently, Washington D.C. agents will close more deals in less time while maintaining better relationships with their clients. With the national expansion under way, DotLoop will simplify the lives of brokers and agents in Virginia, South Texas and Utah this month.