RESO, a proptech firm from Adelaide, has unveiled a specialized version of its sophisticated online offer management platform tailored for the commercial property market.
This updated platform supports commercial agents in managing crucial elements of property transactions, such as qualifying buyers, generating interest, performing due diligence, negotiating prices, and reporting to vendors.
The latest RESO app for commercial properties is intended to simplify the offer management process for agents dealing with commercial assets. Its design focuses on improving sales performance and saving time, especially when managing multiple offers and buyers from different regions.
A notable addition to the app is the ‘DealRoom’ feature, which streamlines the buyer due diligence process. This secure space allows the sales team to store and share crucial documents such as safety certificates, condition reports, financial records, insurance details, tenancy information, and the sale contract.
The ‘DealRoom’ feature also enables full control over document disclosures to buyers after they sign a non-disclosure agreement (NDA), facilitating easy access to important documents while maintaining real-time oversight of all activities.
The commercial version of the RESO app also features unique offer ranking technology to ensure transparency in negotiations and to create competitive tension among buyers.
With longer sales cycles and more remote buyers in the commercial sector, moving offer management to the RESO app provides significant advantages for agents, buyers, and sellers. The platform allows the sales team and the vendor to view an overview of buyer engagement, track individual buyer progress, and assess the status of offers at a glance.
Furthermore, this version of the RESO app integrates with major CRMs, reducing administrative time and effort.
