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Simple, Secure and Efficient Collaborative Workspaces Address the Needs of Agents and Home Buyers

By
Services for Real Estate Pros with The DotLoop Company

Buying and selling real estate doesn’t need to be a complicated process. Some might accept the “choke holds” of a typical real estate transaction such as printing, redrafting, faxing and driving, but realtors using an online, collaborative workspace to conduct business with clients have an upper hand in the realm of efficiency, security and simplicity.

While selling a home is never as simple as selling something like furniture or fruit at the market, the process isn’t intrinsically difficult. The process of physically drafting, printing and signing contracts can all be done electronically.  

Most industries have made the switch to all electronic transactions due to the simplicity, security and customer demand.  Since society’s adoption of new technology continues to progress, the need to meet the demand for electronic transactions is greater than ever—especially in real estate.

As the only collaborative workspace in real estate, DotLoop addresses these needs with an all encompassing approach.  Rather than multiple online tools to serve different purposes, DotLoops collaborative workspace incorporates all the necessary functionality agents need to complete deals with their clients.

Online file sharing within a collaborative workspace eliminates the need for agents to make and deliver extra copies of documents because any and all changes are done with the online version of the document. Any time a buyer, seller or agent wants to monitor a deals progress, all they have to do is consult the activity log. 

Since every signature is recorded electronically, transactions can be referenced at any time, providing more security and accessibility without an exasperating paper trail.  Consider the alternative requires an agent drive to a meeting, acquire a signature and drive back to the office only to have to file the document.

When efficiency, security and simplicity are lacking in any process, the fundamental reaction is to improve. Therefore, improving upon these three aspects is imperative to increase the volume of business while maintaining customer satisfaction.

Customers don’t like when things are made more difficult than they should be, and neither do agents.  Consequently, if an agent doesn’t meet the client’s specifications, the agents will have trouble maintaining steady business. Simply put.


John Saari
Worcester, MA
"The Mortgage Buddy"

Great post. It's all about utilizing technology but not having to be a wizard to implement it.

Mar 25, 2011 08:53 AM
Phil Leng
Retired - Kirkland, WA
Phil Leng - Retired

We are getting this technology as part of the eedge this next July. I can't wait. I may have to add it before then for our business

Phil

Mar 29, 2011 10:40 PM