Business Workflow and Processes: Mastering Time ManagementWe are all aware of the importance of time management in all aspects of our lives. No matter where you are, being able to manage your time effectively increases your productivity. In the world of real estate, time management is even more relevant if you want to take your company to the top with multiple deals while managing your staff. So, how can you manage your business workflow and processes through time management? Here are some of the best tips.
TIP #1: Invest in Real Estate Investment Management SoftwareWe live in a digital world with millions of tools at our disposal. Heck, even our smartphones can serve as an office of their own with how much they can help us accomplish. However, we won’t be relying on just phones to master time management, but you need to bring out the top guns. In this case, that would be real estate investment management software. As Jacob Blackett put it, “you and your team should adopt propertyware that is easy to master.” Don’t be afraid to go all out with legit software that gets the job done without stress. The right one will help you incorporate all the processes in your company seamlessly.
TIP #2: Try Out SyndicationProThere are lots of real estate investment management software available today. Therefore, it could be quite confusing trying to find the perfect one for your real estate brand. The good news is that you don’t have to search endlessly, as this is recommended by Jacob Blackett. SyndicationPro is the real estate investment management software he uses for tons of tasks, including keeping track of both investors and leads. You can increase your competitive edge with software that automates fundraising processes, showcases new opportunities while providing insights into existing investments, includes a distributions calculator, and secures soft commitments to start conversations with investors. You can find out more about this on syndicationpro.com.
TIP #3: Create a Due-Diligence ChecklistNow you’re asking, what’s a due diligence checklist? In the world of real estate, we call it an underwriting sheet. This is a great way to manage all your real estate deals in a simple framework. So what should you include in it? Here’s an idea of what Jacob has in his.
- A column for who is assigned to the item
- A column for a detailed description of the item
- A column that contains a summary of the status.