August 5, 2009

DocuSign Introduces Real Estate Editions of its Award Winning Electronic Signature Service

DocuSign Continues Market Leadership, Surpassing 18,000 Registered Real Estate Professionals

SAN FRANCISCO, Real Estate Connect 2009 (Booth 131)— August 5, 2009 - DocuSign, the industry leading provider of on-demand electronic signature and electronic contract execution solutions, today announced the availability of a customized set of products designed specifically to meet the needs of real estate professionals. The new DocuSign for Real Estate editions streamline the many forms and contracts that need signatures during today’s real estate transaction process.

More than 18,000 real estate professionals have used DocuSign to accelerate their business, with thousands more signing up each month. Rather than driving across town to get a signature or forcing customers to "go find a fax machine", real estate professionals use DocuSign to execute agreements with buyers and sellers electronically, eliminating the old process of printing, faxing, and waiting for the return fax. As more than 95 percent of buyers have internet access, but less than 10 percent have fax service at their home, DocuSign saves the agent time and money while providing convenience for the home buyer.

"Given this tough economic climate, real estate professionals are looking for ways to add a competitive advantage that delivers immediate business benefits," said Tom Gonser, founder and vice president of product strategy. "By speeding the signature process, DocuSign is saving real estate professionals hours of driving around for every signature and demonstrating to their clients they are cutting-edge, while closing on more properties faster. Today, real estate agents tell us that DocuSign has become as much of a requirement as a cell phone."

By listening to the needs of its real estate customers, DocuSign has added new and updated features to its real estate plans to further accelerate the electronic signature and contract execution process for real estate professionals. Key updated features include:

Signing Order - Enables contracts to be sent to signers in a specific controlled order, which is important for real estate transactions. The sequence can be set by the sellers agent or the buyers agent depending on the type of transaction.

Correct on the Fly - Agents can change the recipient information, even after the agreement has been sent for electronic signature, allowing transactions to be completed immediately rather than having to re-send the document.  

Import of Handwritten Signatures - Agents or their customers who want to use their handwritten signature, can now load their personal signature into the DocuSign system, and use it as their electronic signature.

Contract Templates - For commonly sent real estate documents, DocuSign automatically applies all required "sign here", "initial here" and checkboxes required for each signer, dramatically streamlining the document preparation and sending process.

In September, DocuSign will release support for faxed-in documents.  This feature will allow wet-ink signed contracts to be faxed-in, easily supporting a "mixed mode" electronic signing process, as well as allowing signers to attach other paper documents to the DocuSign transaction.

As the market leader, DocuSign has established partnerships with the industry's premier service providers. DocuSign’s real estate partners, such as zipLogix, Information and Real Estate Services (IRES), Realfast, and Reveal Systems, Inc., all have immediate access to DocuSign for Real Estate editions.

DocuSign is offering live demonstrations of the new real estate editions in booth 131 at Real Estate Connect San Francisco 2009 on August 5 and 6 at the Palace Hotel in San Francisco.

Pricing and Availability 

The new DocuSign for Real Estate editions are available now for immediate online signup at www.docusign.com/real_estate/. Individual plans start at $19.95 a month or $191.40 a year for a prepaid annual plan.

About DocuSign Inc.

DocuSign Inc. is the leading provider of on-demand software services for electronic signature and contract execution, empowering individuals, small business and global enterprises to operate faster, more efficiently and profitably with enhanced security and compliance. DocuSign is the only Web-based service to fully automate the entire contract execution process. To date, more than 25 million signature events have been executed using DocuSign. Experience the service at www.docusign.com, and for regular updates go to blog.docusign.com
 
DocuSign and the DocuSign logo are trademarks or registered trademarks of DocuSign, Inc. in the United States and/or other countries. All other marks are property of their respective owners.