Jay QuigleyReal Estate Broker Associate, Florida Executive Realty · Tampa Bay REALTOR® & Real Estate Instructor | Helping Buyers, Sellers, Seniors, Military Relocation, Divorce and Probate Clients Make Confident Moves | Believer | Husband

Electronic Real Estate Closing

10 Dec 2019 · 2 min

Watch on YouTube

1:30

In this video Jay Quigley records his first electronic real‑estate closing, joining a title‑company representative, a notary, the seller, and the buyer (Todd) who are all located in different parts of Florida. The seller electronically signs the purchase documents, then the deed is presented for signatures. Jay, acting as a witness, and Justine (presumably another witness) are asked to add electronic signatures. The notary verifies identity, and Todd swears an oath via webcam. The closing proceeds smoothly, demonstrating that buyers, sellers, witnesses, and notaries can complete a legally binding real‑estate transaction entirely online, regardless of physical location.

Chapters

Good afternoon, gang. It's me, Jay, and today I am attending my very first electronic closing. And these are the people on the call. We have me at the top, the title company in the middle, Ashley the notary, and there's my client. Looks like his camera has moved. Hello. Oh, there he is.
And I'm verifying the ID, so just give me just a second to set us up for the next one.
The seller is flipping through the documents, electronically signing in the appropriate spots. Now it's time to sign the deed.
The witness signatures on the deed. Jay and Justine, is it okay if I add an electronic signature for the 2 of you to that document since you're here with us?
Yes. So it's pretty cool. I'm serving as a witness. My client is in Orlando. The The title agent is over by the Suncoast Parkway, and I'm in New Tampa, and I'm not sure where the notary is, but she's somewhere here in the state of Florida.
Todd, if you'll just raise your right hand to the camera. Do you swear the information in this document is correct to the best of your knowledge and belief? I do, ma'am. All right, perfect. You are all done signing.
How easy was that? Buyers and sellers in separate locations and closings done electronically.