Northwest Multiple Listing Service, the MLS used by almost all of the real estate brokers in Seattle and Washington State, announced an agreement today with Instanet Solutions to provide a new forms platform and document storage system for NWMLS members and subscribers. This new core service will include online forms, document management, cloud storage for real estate documents, electronic signatures, and fax to email services. NWMLS is in the early stages of the implementation process and expects the new service to be available to all members and subscribers in the first quarter of 2014. NWMLS will continue to offer the Xpress Forms service as a secondary forms platform.
Brokers who use “Authentisign”, a service already included in the NWMLS package, probably store their documents online there, but this is just another tool to make the truly “paperless transaction”.