AUSTIN, Texas, Jan. 19, 2017 /PRNewswire/ -- Instanet Solutions announced usage metrics for its electronic signature solution, Authentisign, today. Based on published metrics from competitors, Authentisign is the number one electronic signature solution in real estate. More buyers and sellers sign documents with Authentisign than with any other platform.
Authentisign is an ESIGN compliant electronic signature application that can be purchased as a standalone solution or as part of Instanet Solution's complete paperless transaction management solution – TransactionDesk.
Authentisign users created and set-up over 9.6 million electronic signings in 2016. These 9.6 million signings included over 13.2 million signing participants (consumers, agents and brokers, etc..), who signed over 20 million documents. Overall usage of Authentisign was up 51% compared to 2015 and over 175% compared to 2014. Instanet Solutions other online service TransactionDesk also experienced record growth and usage in 2016 resulting in over 65 million documents and forms being created and managed in over 4.9 million transactions.
"2016 usage metrics are impressive. 2017 is shaping up to be even better as there is already a 30% jump in the number of signings created over January 2016. Several new clients are just now implementing our system to the over 120,000 new real estate professionals we added in 2016," said Martin Scrocchi, CEO of Instanet Solutions. "We expect to see another big jump in usage in all of our industry leading services this year as we experience growing adoption of our platform by some of the larger brokerages and franchises in the country and that should drive even more adoption. This along with the pending release of our TransactionDesk iOS app will result in an even better user experience for our valued customers in 2017."
About Instanet Solutions: Instanet Solutions is a leading provider of real estate technology with over 550,000 licensed, paid user accounts of their various real estate focused products – Authentisign®, TransactionDesk®, InstanetForms®, DocBox® and InstanetFax®. Instanet Solutions began delivering residential real estate technology in 1991. Further information about Instanet Solutions and its products is available at http://www.instanetsolutions.com.
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SOURCE Instanet Solutions