Offer management software can help your agents save time, provide a better client experience, and close more deals.
However, that’s only if you choose the right offer management software. Choosing the wrong offer management tech not only wastes money but also limits agent productivity and brokerage growth.
Wondering how to find the best offer management software for your brokerage? You’re in the right place. In this post, we’ll discuss the top features you should look for in offer management software. Let’s take a look at the first must-have feature – ease of use.
One way to choose the right offer management software is to make sure it’s easy to use.
Offer management software is supposed to make your agents’ lives easier. However, hard-to-use offer management tech can do the opposite. A clunky interface, complicated navigation, and a confusing user experience can make offer management software more frustrating to use than spreadsheets and paper files.
If your offer management software is hard to use, your agents won’t use it. You’ll waste money without seeing any of the benefits of offer management software.
That’s why you should choose offer management tech that’s easy to use. Simple navigation, an intuitive user interface, easy-to-understand dashboards, and more can make your software easier to use than traditional offer management. With such easy-to-use software, it’s a no-brainer for your agents to use your offer management tech – helping you get the most out of it.
Another way to choose the right offer management software is to look for cloud-based tech.
Your agents are always on the go. But, some offer management software requires your agents to be in the office or on your local network to use it. If your agents want to check offers, communicate with other agents, compare offers, or any other offer management task, they have to waste time traveling to the office.
Being forced to come back to the office to manage offers can keep your agents from using your offer management software.
To get the most out of your offer management tech, you need cloud-based software. With cloud-based offer management, your agents can get offer notifications, view and compare offers, communicate with agents and clients, and more on the go. Cloud-based offer management empowers your agents to manage offers from anywhere – boosting productivity and growth.
Along with being cloud-based, you should also look for offer management software that’s built into a complete back office platform.
Your offer management software needs data from your other back office systems (like transaction management). With standalone offer management software, your agents have to manually move data from other back office systems to offer management. This is time-consuming. Manual data transfer is also more error-prone – leading to mistakes that waste even more time.
Instead of standalone offer management software, you should look for offer management that’s part of a complete back office platform. With offer management built into your back office platform, data flows seamlessly between transaction management, offer management, accounting, commission calculation, and more.
Offer management software that’s part of your complete back office platform saves agents time and frustration with seamless data flow.
You should also look for offer management software with instant offer notifications.
Your agents need to catch offers as soon as they come in. With some offer management software, your agents have to comb through emails, texts, and messages to find incoming offers. This makes it hard for your agents to notice offers immediately. Being slow to find and share offers can create a poor client experience – resulting in no referrals or repeat business.
That’s why you should look for offer management with instant offer notifications . This software will automatically notify agents as soon as a new offer comes in. With instant offer notifications, your agents don’t have to waste time hunting for new offers. Instead, they can quickly review and share new offers with clients.
Instant offer notifications can help your agents get the most out of your offer management software and improve the client experience.
Centralized offer storage is another key feature to look for in offer management software.
When managing offers, your agents have to keep track of a lot of documents and agent/client communication. Some offer management software lacks offer management storage or doesn’t store everything in one place.
So, your agents have to create their own offer management storage system, which is time-consuming. This also makes it easy for agents to forget to store important documents – leading to compliance headaches down the road.
You should look for offer management software with centralized offer storage. This software can automatically store all offers, related documents, and communication with the right listing. That way, your agents don’t have to waste time storing offer documents. Centralized offer storage also ensures you have what you need to be compliant – reducing future frustration for you and your agents.
To choose the right offer management software for your brokerage, you should also look for built-in communication.
Your agents have to communicate with clients, other agents, and buyers throughout the offer management process. But, some offer management software doesn’t have built-in communication. So, your agents have to manage communication through text, emails, or calls—and none of those messages ends up neatly recorded with the offer itself. This scattered communication makes it harder for your agents to manage offers and delight clients.
Instead, you should look for offer management software with built-in communication. With built-in communication, your agents can communicate with clients, agents, and buyers right from their offer management tech. This makes it easier for agents to communicate with clients. And, it helps agents keep track of communication to ensure they never miss an important message.
Built-in communication can help your agents manage offers better to impress clients and help you grow your brokerage.
With the right offer management software, your agents can save time, increase productivity, and improve the client experience. This can help you grow your brokerage and reach your goals. However, to see these benefits, you need the right offer management software.
To find the right offer management software, you should look for offer management tech that’s easy to use, cloud-based, and part of a complete back office platform. It should also have instant offer notifications, centralized document storage, and built-in communication.
If you’re looking for the right offer management software for your brokerage, Brokermint is the way to go. Brokermint’s offer management software is part of its complete, cloud-based back office platform. Plus, Brokermint’s offer management software is easy to use and has top features – like instant offer notifications, centralized offer storage, built-in communication, and more.
Brokermint’s complete back office platform also has five modules (transaction management, commission automation, accounting, agent management, and reporting/analytics) to help you streamline your entire back office.
Book your Brokermint demo today to see how better offer management can help your brokerage.
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