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DocuSign vs Dotloop Comparison 2024

• Written by Kriti Pinto

Handling paperwork is a big part of a realtor’s job, from closing deals to managing client documents. Traditional methods are often slow, prone to errors, and inconvenient for clients.

eSignatures offer a practical solution by speeding up transactions, cutting down on paperwork, and providing a secure way to sign documents from anywhere. This helps realtors save time, reduce costs and provide a better experience for their clients, making it an essential tool in today’s real estate market.

In this blogpost, we are discussing two tools designed to improve your document signing process: DocuSign and dotloop.

Overview

  • While both DocuSign and dotloop offer eSignature plans for the real estate industry, dotloop’s sole objective is the real estate market.
  • DocuSign is renowned for its robust security measures and extensive integration options, making it a reliable choice for securely managing real estate transactions.
  • dotloop offers a comprehensive transaction management system tailored specifically for real estate professionals, facilitating seamless collaboration and efficient document handling.

dotloop

dotloop was designed to streamline every touchpoint of a real estate transaction. dotloop consolidates people, documents, and tasks into a single digital workspace, enhancing collaboration and speeding up deal closures.

dotloop’s eSignature functionality is integrated into its broader transaction management platform. This integration allows real estate professionals to share, edit, and sign documents within a single system.

Ease of use: dotloop is designed with a user-friendly interface that simplifies the transaction management process. It offers mobile apps for iOS and Android, enabling agents to manage transactions on the go.

Pricing: Individual agents can access the platform for $31.99 per month per user. dotloop also provides customized pricing plans for teams and brokers, which include additional features and support to cater to larger groups and more complex transaction needs.

Support & Training: Emails, phone, documentation, webinars. Additional options are available at Enterprise level.

Pros

  • Specifically designed for real estate professionals, offering a comprehensive transaction management solution.
  • Real-time collaboration tools and task management features streamline the entire transaction process.
  • Integrated mobile app allows realtors to manage transactions from anywhere.
  • Flexible pricing options and extensive training resources enhance user experience.

Cons

  • It is limited to the real estate industry, which may not be suitable for businesses looking for a more general eSignature solution.
  • Some users may find the interface less intuitive compared to other platforms.

DocuSign

DocuSign integrates with popular real estate applications and services, allowing seamless data transfer and reducing the need for manual entry. DocuSign provides several tailored solutions for real estate professionals like DocuSign Rooms for Real Estate, DocuSign eSignature and DocuSign CLM.

DocuSign’s eSignature enables agents to send, track, and sign agreements electronically, simplifying the entire signing process.

Ease of use: DocuSign provides intuitive navigation, easy-to-use templates, and clear instructions, making it accessible even for those with limited technical skills. The mobile app further enhances usability by allowing users to manage transactions from anywhere.

Pricing

Real Estate Starter Plan: Priced at $10 per month per user, ideal for individual agents. This plan includes up to 5 document sends per month. They also offer DocuSign for REALTORS® at a member-only price of $96 annually for NAR members and DocuSign for Brokers that offers customized pricing for larger offices.

Support & Training

DocuSign offers a free 30-day trial for new users. The company provides extensive support resources, including 24/7 customer service, live training sessions, webinars, and a comprehensive online knowledge base.

Pros

  • Widely recognized and trusted platform with extensive integration options.
  • User-friendly interface and comprehensive mobile app for managing documents on the go.
  • Strong security and compliance features, ensuring legal validity and protection of sensitive information.

Cons

  • Higher cost compared to some competitors.
  • Can be overwhelming for new users due to its extensive features and options.
Capabilities
On-premises
Embedding
From scratch template builder
Form creation
Custom reusable templates
Custom logos
API
Payment gateway
Signer attachments
Bulk send
Signing order
In person signing
Audit trail
Notifications
DocuSign
dotloop
Limited

Our recommendation

For realtors focused solely on real estate transactions and seeking a comprehensive solution that integrates all aspects of the transaction process, Dotloop may offer a more seamless experience. However, for those who need a broader range of features and integrations beyond real estate, DocuSign could be the better choice.

DocuSeal as an alternative

DocuSeal is an open source eSignature platform with a free forever tier and Pro plan at $20 per user per month. The free forever tier is suitable for individual agents and the Pro plan is suitable for medium to large enterprises. DocuSeal also offers an on-premises option which makes storing the data on your servers possible without giving access to a third party eSignature solution. DocuSeal’s API and Embedding features automates document sending seamlessly which is unavailable with dotloop.

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