Paper, paper and more paper! Who can deny that the real estate industry is awash in paper? More importantly, what does the paper operation do to Broker/Owner profitability and what are the paperless tools available to us that can help eliminate unnecessary paper labor?
In this e-Partner Podcast Donald Teel, the Founder of e-Partner, addresses concrete ways that Broker/Owners can create streamlined transaction management systems that save time, create efficiencies, lower costs and bring benefit to consumers.
Click below to listen to Awash in Paper! Part 3.
In this podcast Donald Teel, the Founder of e-Partner asks three probing question related to Paperless Tools that can help Broker/Owners determine the value of adopting paperless transaction platforms.
Perhaps the most important benefits to adopting paperless operating systems are cost effectiveness, a decline in the amount of labor necessary to close transactions and most importantly, the value of paperless transactions to the consumer.
Listen to the following poscast:
Why do we as owners of real estate companies do what we do, when we don’t have to do what we do? Why is this industry awash in paper, for example, when it doesn’t have to be?
Why have we continued to perpetuate old operating models that resemble giant defunct and non-profitable retail establishments when we don’t have to do so, it costs too much money and the consumers couldn’t care less?
Let’s talk about getting a handle on operations. When we use the term “operations” we are referring to the internal operating model of the brokerage firm…things such as accounting systems, sales and marketing systems, closing management systems, transaction management, etc.
The operations aspect of too many brokerage firms are still too labor intensive and costly, thus eating up more capital than necessary. Brokerage firms that analyze their operations and look for the integration of technology solutions for some of their operation costs can realize increased efficiency and a better bottom line.
From the front end of transaction development to the back end closing, we should look at Paperless Tools and other internal applications and systems that can bring a consumer-centric value proposition to real estate transactions. Listen to the following podcast.
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