What is Real Estate Transaction Management?
Staying on task and keeping all relevant documents organized and accessible can be a chore for any user, which is why Brokermint has made it easier than ever to manage and simplify all types of real estate documents and checklists.
If you’re wondering about the best way to manage your real estate transactions, you’ve found your answer. Real estate transaction management is a vital task that must be handled accurately in order to maintain compliance and stay organized.
What are the best real estate transaction management systems?
When it comes to real estate transaction management, trying to do it all manually can be a huge headache. Not only do you have to keep track of a seemingly overwhelming amount of accounting, but ensure that every entry is accurate to avoid common errors and the dreaded real estate audit.
There are plenty of tools out there that can help with the basics, such as a real estate transaction checklist for real estate agents to ensure that everything is covered and nothing gets missed. But even a checklist can only go so far. If you want to truly automate your brokerage and have everything handled seamlessly behind the scenes, you need more than just a checklist or a spreadsheet. You need a full-fledged system — like Brokermint.
What is transaction management in real estate?
People also ask “what is transaction management real estate” or “what is real estate transaction management”, but they all lead to the same answer, which is a system of accurately calculating real estate transactions associated with the buying and selling of homes and all other related transactions.
Here, you may think that you can rely on your accounting software to handle much of the heavy lifting of transaction management. But accounting software is made for all types of businesses, not just real estate brokerages. For that reason, it may not be the best tool suited to real estate transaction tracking.
What is real estate transaction management software?
This type of software is specifically designed to handle calculations regarding the management of real estate. Buying, selling, commission disbursement and more can all be handled by a robust real estate transaction program. However, this is just one facet involved in the overall management of a real estate brokerage. There’s also the on-boarding of agents and ensuring maximum compliance, the need to oversee tasks and to-do’s as well as the granular details. There’s the mission-critical follow-up phase to send emails, handle digital signatures and so much more.
With this in mind, just investing in a program that handles real estate document management isn’t enough. You need a system that goes beyond document management and automates much of the tedious administrative tasks so that you can concentrate on reaching more buyers and sellers while closing more deals and growing your brokerage.
In addition, such a system should be able to integrate with your accounting system, such as Quickbooks, making it easier to oversee and organize transactions while keeping a detailed transaction trail in case of a real estate audit.
Brokermint Goes Beyond Your Average
Real Estate Transaction Management System
Brokermint does more than just handling transactions. It goes far beyond real estate transaction checklist templates and allows a complete integration with Quickbooks as well as detailed overviews of tasks, related forms, document e-signing, automated emails, follow-ups and much more.
In short, Brokermint handles much of the tedious yet necessary tasks to help keep agents on track, see an overview of team efforts and tasks, get everyone on the same page and follow-up with relevant documents for every transaction, every time.
Ready to Learn More?
Checklists and templates can only do so much, which is why it’s a good idea to take advantage of a more robust system to organize and automate your back office and administrative tasks. That’s why, at Brokermint, we’re proud to offer a FREE one-on-one demonstration that will show you exactly how our powerful, innovative system can work hard to handle your specific real estate challenges.
If you’ve been juggling complicated spreadsheets, struggling with complex formulas, chasing down documentation or slogging through your accounting trying to deal with reconciliation errors, Brokermint will save you hours of time while streamlining complicated processes and allowing your brokerage to reach more clients and close more deals.
Click below to schedule a convenient time for your free, no obligation demonstration and we’ll take the time to get to know your specific real estate issues as well as show you how Brokermint can help automate many complex systems while helping you to get more done with less effort and less time. See why hundreds of brokerages across the country trust Brokermint. Schedule your demo today!
What our customers say
From small teams to multi-office brokerages,
Brokermint helps you take office efficiency to the next level
We are thrilled with how easy-to-use Brokermint is and with the constant improvement of the product. After trying a lot of solutions we found the company that does it the way we like – they keep it simple, yet robust and efficient.
The functionality of Brokermint is super advanced, yet their process is very intuitive. And, they are constantly improving and enhancing the product. I’m so relieved that the transaction management process of my business is working perfectly so I can focus on selling real estate.
Thank you all, for an absolutely fantastic product. So incredibly logical and user friendly. The best there is. I’m so happy there is something out there that actually works, and designed with an agents needs in mind.
The support, training, tools and attention to detail that Brokermint provides our firm is head and shoulders above the rest!
The overall experience working with Brokermint is something hard to describe with words. These guys listen to feedback, it seems that no matter what you ask, it is either on the wishlist or already being implemented.
Brokermint has made our business more efficient with the back office system designed to ensure our agents have complete files each & every time!
Brokermint is so simple to use! It took me a few minutes to figure out what to do and start adding new transactions to the system! Kudos to you!
Brokermint is one of the most complete real estate software systems available. It has truly made running my office and business as a whole much more organized! Customer service has also been incredibly responsive!
Brokermint has been an excellent addition to our brokerage. The staff is extremely helpful with customizing the product to match our company needs.
Best decision I have made for my office! Brokermint is easy to use and my agents are really starting to like it. I have already recommended you to another Broker.
Once you have introduced this software into your office procedure you will find that the acceptance from your agents and entire staff will be one of appreciation.
more than 700 businesses trust Brokermint