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3 Tips to Submit a Competitive Offer in Under 120 Seconds

August 30 2022

competitive marketQuick! What does it take to make a competitive offer in a competitive market?

The answer? Swift action!

Today, we'll show you how to achieve exactly that with three tips to help you write and submit offers in under two minutes using your transaction management solution.

Ready, set, GO!

1. Use templates

When it comes to saving time, the name of the game is preparation. Once your buyers have decided they want to submit an offer on a property, you'll need to start a digital file for that property. This process can be accomplished in just a few clicks when you use transaction templates.

A template is created and customized by your team or brokerage with preset tasks, documents, and more to make starting a new transaction file a breeze. No need to create everything from scratch—simply select a buying template in your transaction management software.

To give you an idea of how easy this is, let's see an example of how this works in dotloop, a transaction management platform used by nearly half a million active agents every month. Once you start a new transaction file (called a "loop" in dotloop), simply name the loop and select a template from the dropdown menu.

dotloop competitive offers template

2. Add people ahead of time

Once you've created a new transaction and selected a template, it's time to add your buyers' information. You can make this process a snap by adding their information to your transaction solution's contact database ahead of time. That way, all you have to do is tap their name to autofill their information into your offer documents.

Dotloop users can pre-add client information in the Global People section. In other platforms, this section may be called "People" or "Contacts." If you've connected your transaction solution to your CRM, you can simply import your buyers' contact data, making this process even simpler.

3. Stay mobile-ready

If you need to write an offer ASAP, the last thing you want to do is travel to your office to access your computer. Instead, be sure you've downloaded your transaction management platform's app to your phone so you can write and submit offers from anywhere.

And, bonus, you'll be able to do so much more from the mobile app than just submit offers. You can scan documents, communicate with clients, manage tasks, submit documents for review, and so much more—all on the go.

Learn more about how dotloop can help you stay competitive at dotloop.com.