The next big tech thing for homebuyers and sellers may be start-to-finish online real estate transactions, but industry experts said the Washington area is not ready to make that jump just yet. DotLoop is a new Web-based company that combines electronic signature capabilities with social networking and Web conferencing technology to take everything involved in a real estate transaction online. It is all done electronically, including signing the settlement documents.

“Already 95 percent of all real estate searches start online,” said DotLoop founder Austin Allison. “People in Generations X and Y have higher expectations. They don’t want to receive a fax.”