How to Streamline Your Real Estate Transaction Management Process
The real estate transaction management process is notoriously time-consuming and complex. But as a real estate agent, you don’t have time to waste on long, tedious tasks or to constantly follow up with buyers and sellers on their responsibilities. With so many different parties involved in a transaction—like your buyer, seller, lender, home inspector, title company, or attorney—it can be difficult to keep things moving. But here is what a great platform can do to solve those issues for you.
Automation is Key
While we often discuss the role of automation in various different aspects of your role, such as lead management, it is truly the biggest time-saver you can implement. You and your team may waste hours upon hours on tasks that you can easily automate. A great software program will input info and send follow-up reminders to all the parties involved.
Increased Accuracy Saves Time
The use of automated software cuts down significantly on human error. Making even one mistake can mean spending lots of time and energy, not to mention all the stress you could experience, in order to fix it. But with the right platform, you won’t need to worry about accidentally inputting incorrect data — your software should retrieve data from your email and website databases.
Digital Tools Create Simplicity
In the digital age, there is lots of opportunity to simplify the real estate transaction management process for agents like you. Traditionally, this process involves lots of moving parts and is conducted in person. Think of the days where we had to physically sign documents with a pen and paper. With so many papers to file, it is easy to lose track of dates and miss deadlines. But with so many digital tools at your disposal, you can help mitigate these concerns.
Easy Processes
If your process is still too complicated for you and your team members, then you might miss critical steps, which causes lots of issues for your buyers and sellers. Since you are likely juggling multiple different transactions at once, the problem grows even worse. But easy processes are scalable ones—with all of your necessary tools in one place, you can organize all of your different steps in one place.
Build Long-Term Client Relationships
Good business relies on your customer’s referrals. When you can consistently help your clients meet their home purchase goals on time, they’re more likely to suggest you to their friends, relatives, and colleagues, leading to more cash flow for you. But the opposite is also true. If you make too many missteps, you probably won’t get leads from your current customers.
Streamline Your Real Estate Transaction Management Process
At Champions Mortgage, we infuse technology into our services to reduce the administrative load for our real estate agents. Our integrated platform includes CRM software, scenarios, documentation, and a real-time dashboard to keep you updated on every step of the loan process. From brokers to loan processors to clients, we help facilitate 100% transparency between everyone involved in a closing. Our platform allows real estate agents like you to:
Nurture your connections
Send automatic email reminders to buyers
Automatically request and gather important mortgage documents
When you qualify for our Realtor Champion Program, we even bring you a stream of qualified leads and help you find homes to show your buyers.
Do you have questions about our platform? Call us at 855-853-1522 or send us an email.