Digital Transaction Management (DTM) is a relatively new approach to managing the documents needed for a transaction. In real estate, almost everything from the initial listing to the final sale can be done online, making the process much easier, faster, and more efficient than traditional methods (think ink and paper and very outdated electronic systems). With DTM, agents, clients, and staff have all the documents for any given transaction available in one place. These can be read, sent and signed from any device, anywhere.
Benefits of DTM
– Costs savings through eliminating costs associated with printing and signing documents
– Increasing agent efficiency allowing them to spend less time managing paperwork and more time helping clients and closing deals
– Better client experience
– Greater visibility and control over the entire transaction
– Elimination of manual errors and related costs