Dotloop, the Zillow-owned transaction facilitation platform, has announced a partnership with the online notary platform Notarize which will allow Dotloop’s agent customers to remotely notarize and sign any documents within the Dotloop platform.
According to a press release circulated this morning, the new partnership will allow agents to:
“…initiate a request for a remote online notarization meeting within the Notarize platform, which includes remote identity proofing and an audio-video session with a commissioned notary. From commercial lease agreements to parental guarantor forms and survey affidavits and more, it’s only a click for an agent on dotloop to request a notarization. There is no need to exit or interrupt workflows to add notarization capabilities to contract processes. Dotloop clients will have instant access to a best-in-class, compliant MISMO RON standard certified, industry-leading remote online notarization experience.”
Pat Kinsel, CEO and Co-founder of Notarize said: “Consumers and real estate agents are clamoring for fully-digital solutions, and in this current market, a solution that combines speed, ease-of-use and security is a powerful tool. We’re thrilled to partner with dotloop and integrate into their best-in-class platform, giving modern agents the tools they need to better serve their clients.”
Dotloop is said to be used in The US and Canada by some 9000 realtor franchises and is involved in more than 50% of US real estate transactions. The Cincinnati based sales progression platform company was founded in 2008 before being bought by Zillow Group in 2015 for an undisclosed fee.
The partnership is very much in keeping with Zillow Group’s ‘North-Star’ of always basing decisions on the needs of the consumer and will no doubt remove a degree of friction from a notoriously frustrating part of the real estate transaction. With the American housing market experiencing a boom and stock selling in record time, the new functionality is sure to be put to the test.