ERA adopts digital signing for property contracts

/ EdgeProp Singapore
January 12, 2021 4:44 PM SGT
SINGAPORE (EDGEPROP) - Real estate agency ERA has adopted digital signing for property-related documents online.
Clients can now virtually sign tenancy agreements, option to purchase letters for private properties, and Council for Estate Agencies forms, among others.
The company has said it will progressively roll out more documents that will allow digital form-signing.
The tech rides on a digital document management solution powered by Dedoco, which in turn utilises GovTech’s recently launched Sign with SingPass feature that allows electronic signing of legal documents.
From Dec 13 to 31, some 100 transactions were completed with the new digital signing feature. ERA has credited the digital solution with saving costs and time.
“It is also more time-efficient for property owners, especially those who are based overseas, and can minimise contact and exposure risk when servicing their customers,” the firm says.
“The adoption of digital signing for essential documents that are legally compliant is definitely a good start and has helped tremendously as the signing can now be done anytime from anywhere,” says Jason Low, ERA Group division director.