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Most service providers offer a range of features available to users, ranging from basic document management to more advanced ones such as fence view and redaction. The latter feature blacks out certain areas of files so that personally-identifiable information stays private and prevents screenshotting. Additionally, the top online VDRs are backed by a prompt customer support team available round the clock and will support all major platforms and devices.

The most dependable online VDRs are ones that have been in operation for a long time and have amassed an impressive collection of client reviews from third-party sites like Trustpilot, Software Advice, and Glassdoor. These reviews will provide you with an idea of the service’s effectiveness and ethics.

Real estate transactions require huge quantities of documents to be exchanged, and the electronic signature function that most online VDRs offer helps speed up these transactions by eliminating the need for a multitude of offline meetings. They are also a secure way to share sensitive documents, like agreements and contracts, with investors or other third parties. The best online VDRs come with multi-language support as well as an account manager who is dedicated to each client.

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