Why Real Estate Companies Should Use Online Notary Services
By NotaryLive Staff
Published on 09/14/2021
KEY TAKEAWAYS
- Fast, convenient way to notarize deeds instead of in-person meetings
- NotaryLive specially certified by MISMO for mortgage deeds, deeds of trust
- Enhanced security like recorded sessions to validate transactions
Everyone involved in the real estate industry relies on notarization – from real estate agents to title companies, mortgage brokers, etc.
In the past, the real estate industry relied heavily on the slow and tedious process of in-person notarization. But now, the process of notarizing documents is becoming faster, easier, and more secure thanks to remote online notarization services like NotaryLive.
NotaryLive and other remote online notarization services have the power to make the entire industry more efficient as they allow real estate transaction paperwork from deeds to escrow documents to be notarized remotely online via audio/video call on a 24/7/365 basis.
Now that NotaryLive is officially certified by the Mortgage Industry Standards Maintenance Organization (MISMO), we have the endorsement of one of the most important authorities in the mortgage industry to handle the remote online notarization of mortgages.
For more information about our MISMO certification, read this article.
1. How can RON services help your real estate business?
Security
Not only is it more convenient, but using RON services is more secure than using an in-person notary.
Unlike traditional notaries, remote online notaries provide their notarial services online through an audio/video feed using a computer or mobile device. This means that these sessions are recorded in case of a dispute where the transaction must be verified.
NotaryLive also uses additional security measures to verify each signer's identity beyond the steps that most in-person notaries would normally take.
First, the person's I.D. is checked through digital identity verification. To verify their identity, users will be required to answer a series of questions. These questions are Knowledge Based and if the person doesn't answer 4 out of 5 correctly, they are declined.
Only when they have done both of these things for the identity confirmation, can they connect with a live notary via webcam. The notary will then use the I.D. on file to verify the person's identity.
As mentioned above, the fact that we are Certified MISMO Compliant is a testament to our security measures.
Customization
On top of the normal benefits of our platform, NotaryLive for Business allows commercial account holders to make frequent use as easy as possible with options such as:
- Creating Sessions for their Clients
- Adding Multiple Users
- Viewing Clients’ Notarized Documents
- Single-Use or Monthly Billing (Great for high volume!)
- Bulk Pricing Options
- Optional API and Whitelabel Integration
- Plus all standard account features
Convenience & Efficiency
The process of getting a document notarized online through NotaryLive is incredibly easy. All you have to do is upload the document, verify your identity, connect with a notary via webcam, and download your notarized document.
With Remote Online Notarization (RON), the process of making appointments and waiting for an in-person notary is quickly becoming a thing of the past. Instead, you can notarize online using your laptop, phone, or any device with a webcam.
While this is much more convenient for both the notary and anyone who may need their document notarized, it is also a lot more practical and allows those who rely on the mortgage closing process to save time and conduct their business much faster. And in a fast-moving real estate market, that time can provide a big advantage and a chance to make more sales.
How the NotaryLive process works in 4 simple steps:
Click the button below to get started,
Notarize Your Real Estate Documents Now!
FAQ On RON For Real Estate
How long does the notarial process take?
- The online notarial session will take as little as 5-15 minutes. This includes uploading the document, verifying your ID, connecting with a notary, and notarizing your documents.
Does your ID verification accept passports?
- Yes, we accept passports, driver’s licenses, and government-issued IDs.
Is online notarization secure?
- Yes. To ensure compliance with state law, online notarizations have strict requirements, including secure verification and protection of your identity. Our platform, NotaryLive, is certified by MISMO, which is a higher standard of security protocols commonly used in the mortgage industry.
For more Frequently Asked Questions about NotaryLive, visit our FAQ.
Does NotaryLive sound like the right fit for you and your business?
If you’re looking to get a document notarized, you can Notarize it Now!
Learn more about our NotaryLive Business Account Options.
For pricing info, click here to visit our Pricing page!
If you have any questions, contact our sales team, and we will be happy to help!
**Legal Disclaimer - We are not lawyers or attorneys and do not give any legal advice. Please check with your attorneys, advisors, or document recipients if you have any unanswered questions about your documents.
Relevant Blogs
- How Remote Online Notarization Makes Mortgage Closings Easier
- These Businesses Could Benefit The Most From Online Notary Services
- NotaryLive is a MISMO Certified RON Vendor!
Updated Date: 11/21/2024