Dotloop saves so much time and money

Dotloop has saved us so much time and money, and I could not imagine ever having to go back to getting signatures the old fashioned way. In addition, both myself and my boss can access documents from anywhere we have an internet connection, so it has kind of acted as a cloud server for us as well. Overall, I really love this software, it has made my job so much easier.

Pros

I work as a transaction coordinator for a real estate agent, and Dotloop has revolutionized the way we do business. The best feature of this software is the ability to digitally sign paperwork, which saves us so much time and money. Many times, we go back and forth negotiating a contract, and we need initials and signatures each time we make a change. Rather than having to physically meet up with clients, we are able to acquire signatures quickly and easily via email.

Cons

Sharing a loop can be confusing. I rarely share my loops with other agents for fear of them having access to and changing things they shouldn't and vice versa.

Great for sharing documents with clients and keeping record

Overall DotLoop is a good system when you are in a deal working with clients. From an admin perspective its more time consuming then it should be

Pros

Able to share documents with clients and others for viewing and signing
Able to upload custom documents to be made into interactive forms
Nothing is ever deleted
Able to have a master account for the company with all users under it

Cons

Admin side gets frustrating on documents that are submitted for review, it sends everything in a loop instead of just the documents checked sometimes (Very time consuming from and admins perspective)
No real training except videos for new users
Communication with Tech Support on uploading new interactive documents is touchy
Need an separate email for everyone on the loop
Easy to get multiple accounts from others sharing documents to you (constantly calling to have accounts removed and cleaned up from individuals)

Dotloop makes it easy to have clients all over the country!

I am able to conduct real estate transactions with ease electronically which cuts my time down from printing out, getting signatures, faxing or delivering documents, etc. The time saved is worth everything! Dotloop gives me more options of use than zipform and is much easier to use. I am also able to take another agent's document and easily edit it in dotloop as a PDF.

Pros

Dotloop is very user-friendly and has almost every feature needed to handle real estate transactions from start to finish.

Cons

The least favorite thing is that when executing a Residential real estate contract, the last agent needs to insert the execution date, or the last date the contract is signed. Dotloop doesn't let the realtor make changes without wiping out signatures. This One item Only needs to have edit capabilities for the realtor OR it should automatically enter the execution date as the date the last party signature is input. This slows down the process GREATLY and takes out the electronic factor because the realtor has to save the final copy as a PDF, write in the execution date, and upload as another PDF - before sending to title, lending, clients, etc. - Filling in this date before final signature does not work because signature timing rarely coincides.

Great Program for Paperless Companies!

I have never had any huge issues with Dotloop. If I ever experience anything difficult, the Dotloop customer service helps immediately to get the problem solved. Would highly recommend Dotloop for any paperless company!

Pros

The ease of use. Dotloop provides access to anyone with a simple addition of an email and a name. Very straight forward for clients to use, even let's them sign with a click of a button. Dotloop also keeps files neatly organized. You're even able to add PDF's direct from your email into the loop and folder you like!

Cons

There actually isn't much that our office does not like about Dotloop. The only thing that can be an issue is if you have one client as multiple parties. For example, while using the "auto-fill" function of dotloop, if you have an agent that also doubles as the purchaser, there is no way to use the same email account for separate signature spaces for the different roles. Before sending out to clients, you must go through the document and verify that all signatures spaces are assigned correctly.

Technology changes everything

I am able to monitor and track transactions behind-the-scenes to help manage quick and efficient closings, while keeping our Cutler image and branding clearly deifned.

Pros

Dotloop has changed the face of doing business. Transactions are faster, easier and more manageable, needless to say 100% trackable. This technology affects every level of a business; admins, Realtors, Brokers, Transaction Coordinators. Have documents readily available and branded, even on your mobile device makes doing business in the Real Estate world easy to balance with all of the other things that we all have in our lives. Dotloop programmers listen and make changes and updates as quickly as humanly possible.

Cons

If it not used properly, by all parties, it is frustrating and not AS effective as it should be.

All Day, Every Day

Pros

Dotloop is a piece of software that has been pivotal to the existence of my business for over 4 years now. It is an incredibly easy to use platform with great integrations and flexibility. I have been forced to use other services (like AppFiles) by clients who didn't have Dotloop and the difference is night and day. If you are in need of a document sharing system for Real Estate, hands down the best option available is Dotloop.

Cons

While I love most everything about this platform, I do wish there were most customization options for "white label" styling, allowing the end recipient to have a more clean "in house" feel. If they could include some ability to customize the front end and the notification emails, that would be awesome.

State of the Art Real Estate Transaction Manager

Pros

Dotloop is fairly user friendly and easy to navigate. Since their recent update, it took some relearning where things were on the main menu page, but it provides a nice overview of each sale. Being about to create your own templates and edit already existing templates is a really nice feature. I like that our clients have their own portal on their end and can access shared documents whenever they need to.

Cons

I've been using this program for over four years now and I haven't run into too many things that are worth complaining about. As far as a real estate transaction management program, it has a really nice interface and is easy to use, even for senior realtors who are used to doing things with less technology involved.

Dotloop Makes My Job Much Easier!

Dotloop is sure to expedite your real estate efforts!! It is very user-friendly and helps with our team’s productivity.

Pros

I love the way I can autofill documents, create templates that I can use for each transaction, communicate with multiple clients and allies within the same transaction, custom title each loop, etc. Dotloop is very savvy and picks up most data from the Agreement of Sale (close date, price, etc) and automatically fills that information in! I also appreciate that signatures and initials are automatically dated with a time stamp.

Cons

The only “issue” I’ve had is that at times, when entering a client into a transaction, Dotloop pulls from a larger database (not just my clients) and has autofilled the incorrect information by pulling info from a different client. This has only happened a time or two, but I am always cautious as a result.

Great customer Service

I was worried to lose my previous documents on dotloop when I was switching company but that had been solved with my my previous brokerage.

Pros

Dotloop makes my life much easier as a real estate person. Easy to use and customer service folks are always available to help and they are very friendly and helpful.

Cons

All went well. The only thing I am concern in future is that I use dotloop for my personal organization and documents. That is something they advertised to me before I use dotloop. If I need to switch company in future we have to have broker's permission to be able to use and keep our folders. I wish we still be able to keep our folders no matter what. especially the personal ones.

I use this to manage and maintain real estate transactions for multiple real estate agents.

Getting signed contract documents quick and efficiently.

Pros

I like that everything is organized by loops and that you can auto populate information just by filling out a form and it fills out the information for you so you don't need to go in and do it yourself. I like the convenience of having it done for you and notifying you when something has been signed. I also like that you can upload templates so that you can fill out the information in DotLoop rather than in a PDF.

Cons

I don't like that when you are an admin for your company that everyone else that is an admin receives the signed document and I don't like that you can't opt out of certain agents signed documents when they are completed. I wish there was also an easier way to transfer your loops with all of your paperwork to one account to another.

Streamlined All Aspects of Our Business

We have used dotloop for about 3 years and more recently integrated some of our office processes into the loops. Now our agents can see (real-time) what our administrative staff is doing in the loop, through the use of workflow statuses and task lists.

Pros

I love the ability for the agents and the staff to be looking in the same place for the same information.

Cons

dotloop is still new enough that they haven't been able to think through every nook and cranny of the real estate business. However, they are doing a phenomenal job of being at the leading edge...and I look forward to what they'll grow into.