e-signatures and cloud computing are changing the way we do business as real estate agents. Learn the products, incorporate them into your business and save time an money.

1. Cloud Storage & e-signatures
Carrie Bey-Little
@CarrieBeyLittle 1

2. • Electronic signatures
• Cloud storage
• Transaction management
• Paperless products
• The trend with working in “the Cloud”
@CarrieBeyLittle 2

3. What is an e-signature?
• An electronic signature is when you or your
client signs on an iPhone, droid phone, tablet
or a touch screen computer
• Electronic signatures are also by agreement or
a pin# and should have a way to prove that
the document was signed electronically
(certificates)
@CarrieBeyLittle 3

4. Electronic Signatures
• Yes, electronic signatures are real
• Electronic signatures are legal in all 50 states
– Uniform Electronic Commerce Act
• 3 states have developed their own e-commerce
security acts, “Illinois, New York, Washington”
• Most states enacted the act in the early 2000’s.
• UETA makes electronic records and signatures as
legal paper and manually signed signatures.
@CarrieBeyLittle 4

5. From The UETA (Act)
• SECTION 7. LEGAL RECOGNITION OF ELECTRONIC RECORDS,
ELECTRONIC SIGNATURES, AND ELECTRONIC CONTRACTS.
• A record or signature may not be denied legal effect or
enforceability solely because it is in electronic form.
• A contract may not be denied legal effect or enforceability
solely because an electronic record was used in its formation.
• If a law requires a record to be in writing, an electronic record
satisfies the law.
• If a law requires a signature, an electronic signature satisfies
the law. Source: UNCITRAL Model Law on Electronic
Commerce, Articles 5, 6, and 7
@CarrieBeyLittle 5

6. Cloud Storage
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7. Cloud Storage
• Cloud Storage is the ability to save your files,
document, receipts and photos in an online
storage system
• Your files are not really in the “Cloud”
• So where are they? Simply put, “on a really,
really, really large computer.
@CarrieBeyLittle 7

8. Transaction Management
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9. Transaction Management
• A transaction Management system is like having
an online “cloud filing cabinet”.
• Many programs give you the ability to fax and
email documents directly to a client, attorney,
lender or just about anyone attached to the
transaction
• Some programs give you the ability to allow
clients to upload and see documents.
• Provide permission to have access to specific
documents.
@CarrieBeyLittle 9

10. Choose the access
Carrie Bey-Little 10
Online Filing Cabinet
Allow everyone into the
transaction
Source: Docusign transaction Rooms

11. Paperless products
@CarrieBeyLittle 11
Google Drive
A few options but not limited
to these paperless tools

12. The trend in cloud based systems
• At least 115,000 agents use Docusign
– E-signature program
– Also has a transaction room product
• Over 2500 brokers use the Dotloop dash
board
– All inclusive
– E-signature program
– Brings everyone into the transaction as if they
were all in the same room in a virtual format
@CarrieBeyLittle 12

13. More on the Trend
• More efficient
• Clients are expecting us to go green and use paperless
technology
• Cloud Computing can equal big savings and more time
to work on your business and not in the business.
• High Income earners spend $2500 or more on
technology each year.
• Mid-Income earners spend under $2500 each year.
• Both Income earners prefer iPads over Droid tablets
@CarrieBeyLittle 13

14. Thank You
• "The illiterate of the 21st Century will not be
those who cannot read or write, but those
who cannot learn, unlearn and relearn.“
• Alvin Toffler
• Why Not learn the technology today so you
are not left “list-less”.
• Don’t wait to use the e-signature products.
There is nothing like trying to learn something
new because you are forced to.
@CarrieBeyLittle 14

15. Source Page
• The Uniform Electronic Transactions Act
(UETA)
• Illinois: 5 ILCS 175/1-101
• New York: NY CLS State Technology § 301 et
seq.
Washington: http://apps.leg.wa.gov/RCW/def
ault.aspx?cite=19.34
• www.realtor.org
@CarrieBeyLittle 15