Reduce Real Estate Contracts Processing Time by 75% Using AI

Feb 28, 2024 | AI for Real Estate

If you’re a transaction coordinator, you know the feeling: staring down a mountain of paperwork, desperately searching for the crucial details buried within endless pages. Extracting key information from contracts, such as contact details to financial figures, can be a tedious, time-consuming process. On average, coordinators spend 30 to 45 minutes manually combing through documents just to onboard a single file – what if you could do that in under 10 minutes? In this blog, we’ll tell you how to leverage real estate AI technology to do just that. Let’s dive in!

Read real estate documents with ai

Extract Contract Details With AI Today!

Onboarding New Contracts with AI and Smart Templates

As a transaction coordinator, you’re all too familiar with the time-consuming tasks that come with the territory. Extracting data from contracts and manually inputting information can be both frustrating and error-inducing, leaving little time for building relationships and focusing on essential aspects of your job.

But there’s a solution that can ease your burden and improve your efficiency: AI and Smart Templates.

ListedKit’s AI Document Reviewer is a powerful tool designed to automatically extract key information from contracts, such as names, dates, and financial details. By eliminating the need for manual scouring of documents, it saves you valuable time and reduces the risk of errors in data entry.

Coupled with Smart Email Templates, you can easily auto-populate extracted information into fields in your templates. This eliminates the need for repetitive typing, further streamlining your workflow and freeing up time for more important tasks.

Together, these tools alleviate pain points commonly faced by transaction coordinators, allowing you to focus on cultivating relationships with agents and clients, devote time to critical tasks, and reduce errors in data entry.

By leveraging AI and Smart Email Templates, you can simplify your workflow, increase efficiency, and reclaim valuable time in your day-to-day responsibilities.

How it Works

It’s simple!

  1. Upload a contract: Begin by uploading the contract you need to process.
  2. Watch AI extract the details: Our AI tool will automatically scan your document and extract key information such as names, dates, and financial details for you.
  3. Review answers: Take a moment to review the extracted details alongside your original document to ensure accuracy.
  4. Save the transaction: Once you’re satisfied, simply save the transaction.

From this point on, any action you take throughout the transaction will automatically populate in smart fields with the extracted information. There’s no need for manual re-entry, saving you time and effort.

Ready to streamline your workflow? Try the AI Document Reviewer today and experience the difference firsthand.

Closing Thoughts

As a transaction coordinator, your time is valuable. Dealing with manual data entry and repetitive tasks can leave you feeling overwhelmed and hinder your ability to focus on building relationships with your clients. However, ListedKit’s AI Document Reviewer and Smart Email Templates offer a solution.

By leveraging the power of real estate AI, you can automate tedious tasks, eliminate errors, and free up valuable time, allowing you to:

  • Focus on building strong relationships with clients
  • Devote more time to strategic tasks that drive success
  • Minimize the risk of errors that can lead to delays and frustration

Ready to work smarter, not harder? Start a 30-day free ListedKit trial today and see how much time and energy you can save. You deserve a workflow that allows you to focus on what truly matters.

What Does Escrow Mean in Real Estate?

What Does Escrow Mean in Real Estate?

Have you ever felt overwhelmed explaining escrow to your clients? As a transaction coordinator, you juggle numerous tasks to ensure a successful real estate closing. Understanding escrow is key to answering client questions confidently. This guide will break down...

Best AI Contract Review Software for Real Estate Transactions

Best AI Contract Review Software for Real Estate Transactions

Do you ever find yourself wishing for more hours in the day to meticulously pour over real estate contracts? With AI making its mark on the real estate landscape, a wave of efficiencies is revolutionizing transaction management. ListedKit is at the forefront of this...