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RESO has taken its offer management services to the commercial sector with the creation of a new app.
Adelaide-based proptech firm RESO has unveiled a new offering for commercial real estate agents, with the aim of making things easier for agents overseeing long-distance transactions.
“With longer sales cycles and remote buyers being more common in commercial, there are a lot of benefits for agents, buyers and sellers from moving the offer management process onto the RESO app,” said AJ Chand, RESO CEO.
“We’ve designed it so agents can boost sales results and save valuable time, especially when negotiating multiple offers and nurturing interstate or overseas buyers.”
The app includes key aspects of a commercial property transaction, including qualifying buyers, due diligence disclosures, price negotiation, and vendor reporting.
In addition, RESO has created a new DealRoom feature that gives buyers easier access to important documents.
“RESO’s new ‘DealRoom’ enables full control of disclosures to buyers after they have acknowledged an NDA,” said Chand. “Your buyers can then effortlessly access all the key documents while you retain complete oversight of all activity in real time.”
Documents such as safety certificates, physical condition reports, financials, insurances, tenancy details, and the sale contract are all accessible on DealRoom.
Chand noted that RESO’s “unique offer ranking technology” would also be available in the commercial version of the app, increasing competition between buyers.
“Everyone in the sales team – and the vendor – can see everything at a glance to know how many buyers are taking a look, where an individual buyer is tracking in that journey, and how the offers are shaping up,” the CEO said.
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