Still using webforms?
It’s time for change
There is a better way. It is a time of ‘No More.’
The industry is currently using webforms that are signed by the parties and emailed back and forth. All negotiations are completed on the binding contract, such that all changes can be preserved. When a deal is accepted, the document may contain strikeouts and initials, making the final terms difficult to decipher.
With a digital Offer Management platform, all negotiations are completed prior to the parties signing the binding contract. Changes are preserved in a secure database that can be audited as needed. The final terms are appended, free of errors and omissions. An offer management system is a significant advancement over webforms, and exceeds current regulatory compliance standards.
Eliminate Webforms
Full Audit Tracking
The real estate industry is going through a metamorphosis, advancing better consumer protection. With the benefits of audit-tracking provides a full account of all offers and counter offers for the property, in case of any litigation.
The REAGENT platform has full audit-tracking and secure data storage features allowing for a robust accounting of all historical transaction changes.
Currently, brokerages are responsible for maintaining all the records for each sales transactions. This can challenge regulatory bodies who are responsible for compliance oversight.
As clients of The REAGENT, Boards and Associations would have full ownership and access to the data. For any complaints, this allows the staff to conveniently log in to the platform, enter the address and be able to download the audit history, without even calling the Listing Brokerage.
Furthermore, the commercial opportunity to sell the aggregated data provides a potentially significant income stream.
Centralized Data Storage
Customization
Real estate is very different across each province/territory or state, The REAGENT allows clients to customize the elements of the platform to accommodate their own needs.
Furthermore, with a white-label partnership the platform would be branded as the Board or Association.
No more waiting for offers and updates to be emailed and signed with additional steps. With audit tracking and user agreements to legitimize negotiations, parties are immediately made aware when terms change and their response is required.
Busy agents can get more accomplished with less effort!
Real-Time Notifications
Withholding Offers
What if an Agent has a seller that wants to withhold offers? Can an Offer Management System handle that? The programming logic behind that kind of feature requires the highest levels of technical skill, but the developers behind The REAGENT Offer Management system have executed this with impressive ingenuity.
When a homeowner sets a withholding offer date, they can accept and review offers from interested buyers, but negotiation features are disabled until the withholding date is reached. This has the added benefit of preventing bully offers, so all potential buyers must submit their most generous offer.
Real Estate Associations are tasked with educating the public about the value of REALTORS, and fostering trust in their services. Now, with The REAGENT’s Offer Management system, Associations and Boards can provide those guarantees that all deals are being completed in a digital environment with built-in safeguards.
Protection From
Perceived Conflict of Interest
Commission Fee Calculator
The REAGENT platform incorporates an innovative ‘commission fee calculator’ that shows all fees and applicable taxes on submitted offers before the seller accepts any one.
Currently, sellers do not see the actual dollar amount they are paying in total commissions until they are finalizing the deal with their lawyer. Consumers are wanting change, providing better transparency before the parties sign the final contract.
Our Mission
To provide the greatest transparency and consumer protection in real estate.
Contact Us
We are eager to collaborate with you!
Call us now to find out more about our state-of-the-art
Offer Management system.
If you’re in the area, let’s meet up!
Burlington, ON
716.202.0750