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E199: Systematizing Your Real Estate Business with Cody Tuma and Mark Lumpkin
There is a ton of data collection involved when it comes to writing an offer, with a lot of back and forth messages involved. Think about the individual’s information, price, downpayment, closing date, waive appraisal, mortgage contingency date, etc. And sometimes, you can't spend a day going back and forth – you just have to cut to the chase.
Having first-hand experience of the intricacies of writing an offer, Cody Tuma and Mark Lumpkin have come up with a better way of writing offers. They have co-founded OfferForm, a data collection tool that real estate agents use to collect information from their buyers when they're getting ready to write an offer. OfferForm provides great value not just in streamlining the process, but also in educating the buyers.
Here are some power takeaways from today’s conversation:
Episode Highlights:
The Benefits of Using OfferForm
Data collection is so important when a real estate agent is working with a buyer because they need to get all the information from them in order to submit an offer. The traditional way of writing an offer is you've got to call/text/email your buyer or sit them down in person with a lot of back and forth messages. OfferForm provides a better way to do that to streamline the process so you have more time freedom in your business. OfferForm also puts some of the power in the hands of the consumer by becoming part of the process.
Educating the Buyer
OfferForm is not just a powerful tool for the agent, but also for the consumer. A lot of buyers don’t fully understand certain terminologies such as earnest money or seller concessions. And so, OfferForm also provides education to the buyers through their forums and animated videos explaining these different terms.
OfferForm simplifies the realtor's life, but it also simplifies the consumer at the same time. This adds to the relationship component of the realtor and the buyer. As an agent, you’re seen as the expert while the buyer feels empowered with their decision-making because they have the ability to educate themselves and do it at their own pace.
Resources Mentioned:
www.OfferForm.me
www.GoBundance.com
Lisa Hulbert: www.compass.com/agents/lisa-candella-hulbert
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By Erik Cabral
5
5151 ratings
There is a ton of data collection involved when it comes to writing an offer, with a lot of back and forth messages involved. Think about the individual’s information, price, downpayment, closing date, waive appraisal, mortgage contingency date, etc. And sometimes, you can't spend a day going back and forth – you just have to cut to the chase.
Having first-hand experience of the intricacies of writing an offer, Cody Tuma and Mark Lumpkin have come up with a better way of writing offers. They have co-founded OfferForm, a data collection tool that real estate agents use to collect information from their buyers when they're getting ready to write an offer. OfferForm provides great value not just in streamlining the process, but also in educating the buyers.
Here are some power takeaways from today’s conversation:
Episode Highlights:
The Benefits of Using OfferForm
Data collection is so important when a real estate agent is working with a buyer because they need to get all the information from them in order to submit an offer. The traditional way of writing an offer is you've got to call/text/email your buyer or sit them down in person with a lot of back and forth messages. OfferForm provides a better way to do that to streamline the process so you have more time freedom in your business. OfferForm also puts some of the power in the hands of the consumer by becoming part of the process.
Educating the Buyer
OfferForm is not just a powerful tool for the agent, but also for the consumer. A lot of buyers don’t fully understand certain terminologies such as earnest money or seller concessions. And so, OfferForm also provides education to the buyers through their forums and animated videos explaining these different terms.
OfferForm simplifies the realtor's life, but it also simplifies the consumer at the same time. This adds to the relationship component of the realtor and the buyer. As an agent, you’re seen as the expert while the buyer feels empowered with their decision-making because they have the ability to educate themselves and do it at their own pace.
Resources Mentioned:
www.OfferForm.me
www.GoBundance.com
Lisa Hulbert: www.compass.com/agents/lisa-candella-hulbert