Onboarding agents can be a complicated, time consuming, inconvenient process for both brokerages and agents if the right systems are not put in place. The paperwork alone can be overwhelming! Having a digital, straight-forward, painless onboarding process for new agents is a great way to make a positive first impression on new team members and increases agent retention rates. Easy to Use Checklists & Agent Onboarding Automation With TotalBrokerage, you can automate checklists and the entire agent onboarding process to digitally request the correct information, so the agent can complete it on their time and from the convenience of their mobile device or computer, streamlining the process and ensuring nothing is missed.
Want to know how to ensure your real estate brokerage becomes a success story? It’s not as hard as you might think. There are a few simple things you can do today to take your brokerage to the next level. Below, we list five things to get you and your brokerage going in the right direction, upgrading you to real estate royalty in no time! 5 Things Real Estate Brokers Do To Boost Success Recruit Top Quality Agents Ever heard the phrase, “You’re only as strong as your weakest link?
Managing real estate transactions is lengthy, time-consuming work. It’s not as simple as just signing over the deed and writing checks. The process requires extensive document control, back-and-forth communication and negotiations, inspections, financial management and so much more. Customers don’t want to deal with snail-like service and demand everything in an expeditious manner. They want to wrap up transaction issues with minimal delays, whether they’re buying or selling. This is particularly true in a time when tech makes it possible to get most things done in no time at all.
Having a separate real estate back office from your company’s real estate website is a valuable approach to your website management and overall business organizational structure. A well-managed front end website is the consumer facing home of your real estate business. It is one of the first places buyers and sellers connect to you when considering your company for their business. Your back office is where you actually run the business.
Real estate technology has completely transformed how the home buying and selling process works. It has changed how buyers or renters can interact with sellers and landlords. Moreover, it has enhanced how real estate brokerages make these buyer/seller interactions and transactions a reality. How Real Estate Technology Helps Your Customers These are some of the ways that technology for real estate has improved the home buying process in a way that benefits customers:
In an era of constant digital innovation and advancing technology, every real estate brokerage needs a reliable tech stack. There are an expensive number of real estate tools available on the market, all serving important roles. This includes platforms for CRMs, marketing, sales, transaction management, and much more. With so many options, it can be a challenge to find trustworthy and effective solutions that add value to your business. In this article, we explain what a tech stack is and why real estate brokerages need it.
E-signatures have transformed how many industries do business in recent years and the same goes for real estate. With so many documents to approve and various parties to liaise with, property management has become that much easier with electronic signatures. Real estate brokerages gain various benefits from using electronic signature tools for their processes. They’re convenient, immediate, and easy to use. Let’s take a look at the benefits of such tools for your brokerage and what our solution can do for you.
As a real estate broker, the role of a transaction coordinator may not seem important in the beginning. As you establish your business, it may even be valuable to you to manage transactions yourself, as a learning tool. However, as your brokerage develops and grows its client base, transaction coordinators become a valuable and necessary form of support and process management. They can ease the workload of real estate brokers and ensure all processes run more swiftly and harmoniously.
As a real estate broker, understanding and setting up agents’ commission plans properly is key for the overall success of your brokerage and your agents. There are multiple commission structures that are commonly used in the real estate industry that you should be aware of; however, as the industry evolves, so does the creativity of innovative new commission structures Fixed Splits Fixed splits are the most simple to understand and are the most commonly used.
Many Real Estate Brokers’ and Agents’ back office tech stack is different programs cobbled together for a CRM, Transaction Management, E-Signature, Marketing, etc. This makes simple day to day tasks more complicated than they should be. Consolidating your back office with an all-in-one back office software solution, like TotalBrokerage, can drastically increase your brokerage’s productivity while making life easier for you and your agents. Cost Piecing together multiple back office software solutions is expensive.