Sales and transactions

Frequently asked questions on “Sales and transactions”, with the details specific to your market where the rules depend on it.

How is the sales mandate register managed?

The mandate register lists all your sales contracts to ensure the traceability of your agency activity. You can export this register in PDF or CSV format at any time to meet regulatory requirements. The commission model is applied directly from the mandate in order to automatically deduct fees and the net vendor amount.

See also: Instructions and instruction register, Property sales software

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How is a property valuation calculated with REOS?

The valuation relies on comparable properties and the median price per square metre in order to propose a reasoned value range. REOS then produces a PDF report that you can hand to the owner, and the AI assistant can draft the commentary explaining the reasoning based on the selected comparables.

See also: Property sales software

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Can I send a targeted property selection to a prospective buyer?

You can compile a selection of properties that matches a prospective buyer's criteria and send it as a public page, accessible via a personal link. The prospective buyer can thus view up-to-date listings without creating an account, while you retain a record of what was proposed to them.

See also: Real estate CRM for agencies

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How is the vendor informed when a purchase offer is submitted?

Each new offer recorded on a property triggers the dispatch of a message to the vendor so that they are informed without delay. Decisions made on each offer are kept with their history, which allows you to trace the progress of the negotiation at any time.

See also: Property sales software

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How do you manage the documents required for a sale file?

The sale file displays the list of documents to be gathered according to the property location so that no mandatory document is missing at the time of signing. Documents that are about to expire are subject to a reminder in the notifications, which gives you time to renew them.

United Kingdom For the United Kingdom, the market-specific list of documents is configurable upon request, and the file documents remain organised and tracked within REOS.

See also: Property sales software, Documents and e-signature

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How does the module integrate anti-money laundering obligations?

For each vendor and each purchaser, the due diligence file records identity verification, the beneficial owner, political exposure, sanctions screening and the risk level, as well as the date of the next review. These files are kept for five years, and a review that is reaching its due date is subject to a reminder in the notifications so that the check is renewed in time.

See also: Property sales software

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Is the weekly report to the vendor generated automatically?

Every Monday, REOS sends the vendor a report of the past week which includes the number of viewings, visitor feedback and offers received with their status. The vendor is thus kept informed of the marketing of their property without the agent having to draft this report.

See also: Property sales software, Tenant, co-owner and buyer portals

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How are your listings published on the agency website and sent to portals?

Publishing a listing makes it immediately visible on your agency's public website as well as in your XML and JSON format feeds. Third-party real estate portals, on the other hand, do not receive any data automatically, as each connection requires custom configuration based on your own contracts.

See also: Property listing syndication, Integrations

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Do purchasers receive alerts in the event of a new property?

Every day, prospective buyers whose criteria match a new available property or a property whose price has dropped receive an alert. This automated tracking makes it possible to match supply and demand without manual follow-up by the agent.

See also: Real estate CRM for agencies

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