In a real estate transaction with so many moving parts, coordinating schedules for the closing table can be stressful. Out-of-state sellers, busy executives, or unexpected travel can delay funding, and for a long time, the entire process had to be coordinated in person. With the introduction of remote online notarization, or RON, documents can be notarized remotely, at any time, without ever physically needing to meet the notary.
By partnering with Landtrust Title, agents and attorneys can position themselves as a modern, tech-forward problem solver for their clients. You can modernize your workflow, solve logistical hurdles for out-of-state clients, and offer a premium, frictionless closing experience. Read on to learn more about the benefits of RON, how it works, and how to know when to use it.
Why you should recommend RON
RON offers a convenient, secure, and flexible closing experience that can help keep transactions moving smoothly. It’s an excellent solution for clients who need greater flexibility without sacrificing security.
RON is an ideal solution for:
- Out-of-area parties: Buyers or sellers moving from another state or closing while on vacation.
- Scheduling conflicts: Working professionals who cannot take time off to visit a title office or meet a mobile notary during standard business hours.
- Mobility limitations: Signers who are elderly, ill, or have physical difficulties traveling.
- Multi-location signings: Transactions where different parties or co-signers live in different cities or states.
With RON, you’re better able to:
- Save time and prevent delays: No more waiting on overnight packages for out-of-state sellers or trying to coordinate a time when all parties can physically meet. The deal closes on time, every time.
- Offer a premium client experience: Your clients will appreciate the ultimate convenience of closing from their home or office, making you look great for recommending the option.
- Offer enhanced security measures and prevent fraud: Landtrust utilizes advanced identity verification for RON that often exceeds the security of a quick in-person ID check.
Important considerations before choosing RON
RON can make the closing process more convenient, but it isn’t the right fit for every transaction. Before deciding to use RON, keep these important factors in mind:
- Lender approval: If the transaction involves loan financing, the buyer’s lender must approve the use of electronic notarization. Cash transactions typically have fewer restrictions and are generally easier to complete using RON.
- County recording requirements: Not every county accepts electronically notarized documents for recording. Be sure to confirm that the applicable County Recorder permits e-notarized documents.
Prepare your clients to use RON
Landtrust Title partners with Stavvy for a seamless, secure video-signing environment. Your client receives a secure email from Stavvy with a link, instructions for identity verification, and appointment details. In order for the RON to run smoothly, your clients will also need to provide or have access to the following:
- A reliable internet connection.
- A computer/laptop and a smartphone.
- A web browser (Chrome is recommended).
- A working webcam and microphone.
- A valid, government-issued photo ID.
Ready to offer your clients a smoother closing experience?
Together, we can avoid the pitfalls of a complex closing process and make your next transaction close seamlessly — all while protecting your client’s assets using the best security practices available. Reach out to your Landtrust Title Account Executive to see if your next transaction qualifies for RON.