How Real Estate Agents Use CloseAbility to Save Time And Money

CloseAbility empowers real estate agents to transform their approach to distressed transactions, providing unprecedented efficiency and profitability. Below are the top three use cases demonstrating how agents can save time and money using CloseAbility:

Focus On Short Sales That Will Close

Real estate agents often waste time and resources chasing distressed short sales that fall through. CloseAbility solves this by predicting the likelihood of a short sale closing escrow before any significant investment of time or effort.

• How It Works:
  • CloseAbility uses AI to analyze thousands of data points from over 3,500 previous distressed transactions.
  • The app provides a “closure likelihood score” for each short sale, warning agents if a transaction has less than an 80% chance of closing.
  • Insights are updated in real-time as short sale conditions change, ensuring agents stay focused only on profitable, closable short sales.
• Time & Money Saved:
  • Eliminate wasted time pursuing short sales that are unlikely to close.
  • Increase profitability by prioritizing high-margin transactions.
• Example:
  • An agent identifies a probate property and uploads the details into CloseAbility. The app determines the short sale has a 95% likelihood of closing. Confident in the outcome, the agent proceeds, securing a commission in weeks rather than months.

Build a Reliable Pipeline of High-Profit Short Sales

Finding viable distressed transactions is often time-consuming and competitive. CloseAbility automates short sale sourcing, filling agents’ pipelines with high-profit opportunities.

• How It Works:
  • CloseAbility identifies off-market properties, short sales, and other distressed short sales using advanced algorithms and integrates them directly into agents’ CRMs.
  • Agents can set filters for profitability thresholds, property types, or lien structures to tailor the short sale pipeline to their business goals.
• Time & Money Saved:
  • Reduce time spent searching for opportunities by having short sales delivered directly to your CRM.
  • Outpace competitors with insights into hidden transactions they can’t access.
• Example:
  • An agent in a competitive market uses CloseAbility to automate lead generation. Within days, the CRM is filled with pre-vetted distressed short sales that align with the agent’s criteria, enabling faster client service and higher profits.

Streamline Processes with CRM and Transaction Platform Integration

Managing distressed transactions often involves juggling multiple platforms and stakeholders, creating inefficiencies. CloseAbility seamlessly integrates with popular CRMs and transaction management tools to optimize workflows.

• How It Works:
  • CloseAbility connects with platforms like Dotloop, Pipedrive, Equator, and SoftPro in minutes.
  • Agents can manage up to 100 distressed transactions simultaneously, leveraging automation to handle routine tasks such as document uploads, lienholder communications, and title processing.
• Time & Money Saved:
  • Eliminate repetitive data entry and manual processes.
  • Spend less time coordinating with banks, lienholders, and title companies.
• Example:
  • An agent integrates CloseAbility with their CRM and transaction management tools. The app automates email and fax communications with lienholders, while the agent focuses on client relationships. This saves hours per transaction and prevents errors.

Conclusion

CloseAbility revolutionizes how real estate agents handle distressed transactions. By focusing only on short sales that are likely to close, building automated pipelines of high-profit opportunities, and streamlining workflows through integrations, agents save significant time and money.

Agents can now confidently scale their businesses, serve more clients, and achieve work-life balance without compromising income or results.