As a parent or a child, all of us have been the “lead architect” on a massive LEGO® project. When tearing open a box of LEGO’s®, children throw pieces everywhere, ignore the directions and immediately try to match the structure on the box. Soon after, they get frustrated; yell for mom or dad who organize the pieces and go through the instructions piece by piece.
If you’ve built LEGO’s®, you know they package the pieces separately to be combined for a final product. This is very similar to how some real estate professionals are conducting their real estate transactions. They use various services and tools on different platforms to complete the transaction.
Electronic Signature Service
Electronic signatures allow businesses to complete transactions online in a secure and efficient manner. They reduce the need for paper as transactions are conducted faster with more efficiency. Consequently, reducing paper is more cost effective as electronic signatures eliminate the need for excessive printing and storage.
Forms Software
Real estate professionals using forms software can access to their forms and transactions anytime they connect to the Internet. Users have the convenience of viewing their forms from their desktop, laptop or mobile device; knowing their documents are always stored in a safe, secure location.
Transaction Management
Transaction management tools help real estate professionals manage their transactions while connecting with clients through a secure platform. Agents are able to view, track and organize documents and also maintain necessary communication with clients. Overall, transaction management tools are the agent’s lifeblood throughout the transaction process.
Whole Solution
Many real estate professionals continue to use three different services to complete their transaction piece by piece. Other real estate agents are using whole solution software that combines all of the pieces –making the transaction seamless and efficient.
DotLoop is working to eliminate the LEGO® building transaction tactic. DotLoop eliminates the need for multiple services and brings them to one, simple platform. So let’s save the LEGO® building for the young ones and complete a transaction with real time collaboration.
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