Jeff Adams Real Estate Seminar most real estate brokerages have gone paperless More than half of all real estate brokerages 61 % are using business management systems, and they are seeing high level of agent getting and output gains, according to a survey by consulting firm REAL Trends.
The survey found that Web-based end-to-end real estate negotiation system that allow users to create, adjust, support, sign and share documents seem to help increase transactions per agent.
Agents at brokerages using transaction management systems did an average of 11.5 % deals per year, compared with 9.2 % transactions per agent at other brokerages.
The survey found that while 75 % of agents are using transaction management systems when they are available, manual data entry can reduce agent acceptance. Customer support and a proven completion process also increase agent acceptance, REAL Trends said.
A REAL Trends analysis of the survey results finished that the simpler the system, the better, and those efficiencies are maximized when all parties involved can work together to complete the transaction. The report said.
The dotloop platform was the most popular among the 295 brokerages surveyed, with 44.3 % market share, followed by DocuSign 10.8 %, Sky Slope 9.5 % and 10 other solutions.
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