MONTREAL, QC--(Marketwired - June 04, 2014) - IPM's tonsofrentals.com, the largest property management service provider and marketer of single family rental homes in Western North Carolina and South Carolina, has implemented Silanis Technology's e-SignLive™, the e-signature choice for business. As the leader in community management services, IPM was seeking a solution to streamline tonsofrentals.com's residential real estate leases and rental management contracts to reduce time, increase efficiency, meet compliance standards and lower costs for homeowners and renters.
In today's competitive residential real estate market, efficiency is the key in providing renters and homeowners access to electronic processes for faster transactions. Prior to rolling out e-SignLive, tonsofrentals.com manually had to process contracts, mail forms, request signatures and wait for the returned forms -- often with additional shipping costs -- to complete residential real estate leases and rental management contracts. The process could take up to several weeks, resulting in the loss of rental income for homeowners looking to find renters.
IPM's tonsofrentals.com needed an e-signature solution to manage multiple signatures on a multitude of forms as well as electronically verify and date-stamp processes and contracts. The solution also needed to provide electronic evidence to ensure that the company and its users complied with e-commerce laws and were protected during any court proceedings or evictions. After testing several e-signature providers, IPM selected e-SignLive for its ease of use, functionality and having the strongest legal proof of evidence available.
"As more residents move to online tools for renting and real estate transactions, e-signatures are a natural solution to speed up the process, provide legal evidence and reduce risks and costs associated with paper-based processing," said Silanis CEO and co-founder Tommy Petrogiannis. "IPM's tonsofrentals.com was able to reduce and streamline its entire leasing and contracting procedures from weeks to days, delivering an incredible experience to its community of homeowners and renters."
e-SignLive immediately integrated with IPM's existing technology, enabling brokers to process contracts regardless of the physical location. e-SignLive also enabled e-signing of the contracts on an iPad, adding convenience for the renter to sign immediately upon viewing the property.
"In the real estate industry, if you don't move quickly enough, there is always someone waiting around the corner that will move in to seal the deal," said IPM's Vice President & CFO Robert Baer. "By deploying e-SignLive, we are able to make the process of leasing property even more seamless and fast for our customers, eliminating the timely and costly delays associated with paper-based processes."