eSignature to Save Equity Residential Six Million Sheets of Paper Annually

DocuSign to Streamline and Accelerate Lease Agreements for Premier Apartment Owner/Manager

Equity Residential, a leading owner and operator of apartment properties, has selected the DocuSign eSignature platform to manage new leases and renewals online. With more than 490 properties in 23 states and the District of Columbia, Equity Residential chose DocuSign to streamline the leasing process, enhance renter convenience and eliminate the need for 120,000 paper-based contracts consisting of approximately six million sheets of paper annually. David Santee, executive vice president of operations at Equity Residential, explains why they chose DocuSign as their electronic signature provider:

Equity Residential looked into hosting our own solution, but after thorough due diligence, we found DocuSign offered the most advanced and reliable eSignature platform. We are using DocuSign as a competitive differentiator as the service is available anytime, from anywhere. The DocuSign platform, seamlessly integrated with our Resident Portal, makes it easier and more convenient for new and existing residents to sign lease agreements.

By integrating DocuSign within Equity Residential's Resident Portal, the company will no longer need to sign more than 200,000 times on two sets of printed contracts consisting of 25 pages each. DocuSign will be directly responsible for eliminating millions of sheets of paper from Equity Residential's leasing process. Equity Residential has received accolades from residents for the new online signing process and will be making the DocuSign service available to all properties within the next few weeks. Steve King, president and CEO of DocuSign, shares his thoughts on Equity Residential's use of eSignature:

Equity Residential is leveraging the DocuSign service to provide residents a fast, safe and convenient method to complete leasing agreements online. DocuSign is pleased to be working with Equity Residential to streamline business processes, increase productivity and reduce costs.