A lot has changed since we last spoke. We’ve released a ton of new enhancements for our products that you may not be aware of— including a brand-new integration that is literally the only one of its kind in the real estate industry. Read below for a quick recap of some of the bigger innovations:
Meet Link: the integration that’s transforming transactions industry-wide
In March, we released the industry’s only two-way integration between transaction management software and back office software. This integration connected TransactionDesk to brokerWOLF and made it possible, for the very first time, for agents and the back office to communicate on transactions in real time.
And we’re thrilled to announce we’re doing it again! On November 13, we’re releasing Link for zipTMS and brokerWOLF. Click here to read more.
What Link can do for your brokerage:
Throughout the lifecycle of a deal, information changes on a daily basis. Things like price, commission, referrals, conditions, closing instructions, contacts, and documents can change at any stage (listing, offer, pending, closed, and fallen through). Based on customer interviews, an astonishing 25% or more of deals will have critical details changed between the time an offer is accepted and the closing date.
The problem is that staff must not only re-enter the information into their back office, but also chase agents to get the updated information in a timely and accurate manner (or else the parties may not get paid correctly). And if the price, commission, or referrals are wrong, it's very cumbersome to reconcile and correct in the accounting system. Often, these changes then require the staff to relay closing instructions to lawyers or title/escrow companies on the same day, so getting notified immediately is critical to close the deal smoothly for agents, and buyers/sellers alike.
With Link, any changes made to the property, commissions, contacts, conditions, and referrals in either brokerWOLF or zipTMS are updated in real time. All parties will now have the latest information on the deal, and back office staff will be informed and can take action (like send closing instructions, fix referrals, etc.) when these changes impact any financials. Link also provides a central repository of documents, so all parties can see the final executed contracts in a single source of truth, which will create more efficient workflows for agents, staff, and brokers.
Faster broker file review for TransactionDesk
Our latest updates for TransactionDesk will help you simplify and speed up your deals! Updates include email notifications for super users, updates to the checklist progress bar, new Broker File Review for multi-office brokerages, ease of document upload for agents, and finally, a streamlined notes process. See more in this two-minute video from Laleh:
UI Updates in brokerWOLF
Look, we can admit, brokerWOLF isn’t the prettiest solution around. Some of us in the Marketing department like to say the program is like Buckley’s—it looks awful, but it works. That being said, we thought it was time for a little upgrade.
This year we’ve made a series of small—but significant—updates to brokerWOLF’s user interface to bring the program in line with modern industry standards and provide a more intuitive user experience. These changes are the first of many to come, and we can’t wait to show you what’s next.
