If you think CRMs are expensive affairs, this one will surely change your mind. For the Real Estate sector, CRMs are no longer a luxury. From making every customer interaction count to connecting your business data so you can leverage customer information in your advertising, marketing, sales and service, CRMs have come a long way from the old school excel-based spreadsheets.
eBuildAuto, from RichTech IT, for instance, empowers your entire business, not just sales and marketing but operations, finance, and, of course, customer service. However, a number of businesses—especially legacy ones—are still reluctant to exchange their traditional way of ‘doing business’ for new-age CRMs that do it all at a click of the mouse. While there is a certain learning curve that might throw off some,
eBuildAuto is designed to be intuitive, helping users get what they need painlessly. Best of all, eBuildAuto offers such a high ROI that it pays for itself in a matter of months. Here are seven ways this CRM saves you time, effort, and money.
Table of Contents
1. Saving on delays in sending demand and reminder letters
eBuildAuto’s ability to generate 50+ demand letters in under 30 seconds is saving time and money Demand letters generate revenue for the developer to make the payments and investments necessary to complete the project on time. Any errors in amounts or delays in preparing and dispatching the demand letters can cost the developer. eBuildAuto ensures this doesn’t happen in three fundamental ways:
i. Customization
eBuildAuto makes it easy to create master templates of demand letter with specific fields like project name and details, construction progress, customer name and address, amounts due, penalties and interest as liable, and it does it all in a matter of minutes. The CRM can generate ~50 demand letters in under 30 seconds.
ii. Dispatch
Once the letters have been correctly generated, they need to reach the customer speedily. eBuildAuto takes care of this too. Through API integration with popular third party applications, the demand letters—as well as subsequent reminders—can be sent to end customers via SMS, email, and even WhatsApp messenger. Using multiple channels ensures that the demand letter reaches the intended recipient.
iii. Automation
There are many fields in every demand letter—customer’s details to amount calculations to liable interest & penalties and more. If your system requires users to manually enter these details, there is a high risk of errors, not to mention time and effort costs. To avoid this, eBuildAuto leverages automated features that populate multiple fields in each demand letter instantly. eBuildAuto also calculates amounts receivable, date since the previous receipt, penalties—if any, etc. In addition, it keeps track of reminders and modifies amounts as needed. Even the content (language and tone) can be modified according to the urgency of the communication. Going, for instance, from courteous and formal to stern.
2. Quick and Error-free Agreement Generation
Agreements are legal documents so they need to be accurate in every respect. But because of the number of details they contain, agreements are quite extensive, which means more chance of errors creeping in, even if done by a professional. In addition, there is a chance of lack of uniformity if projects are presented by different sales staff members. Sometimes, to save on cost and speed, businesses simply photocopy the common pages and only prepare original documents for the ones specific to the project/customer. This can—and often—does result in omissions of pages and/or incorrect pagination.
eBuildAuto simply skips all these potential pitfalls by generating totally error-free agreements from scratch. No errors mean the minimum possibility of refusal by the Registrar—which is another expensive waste of time and money, as the agreement will need to be redrawn by a legal professional.
3. Customizable NOC Generation
Nowadays, most customers—if not all—prefer to finance their real estate purchases with bank loans. One of the mandatory documents required for this is the Builder NOC. In the correct format! Banks tend to reject NOCs that are not in their specified formats. eBuildAuto Real Estate CRM avoids this hassle, with its large library of preferred formats of various banks and lending institutions. The CRM quickly generates the exact NOC needed, so your customers can process their loans and complete the purchase without the hassle and with a positive impression of the business.
4. Speedy Collection
Collecting money due is a critical aspect of real estate development. Delays in collection translate into delays in possession, which leads to poor brand perception, and unhappy customers. Rera’s regulations also make it essential that developers complete their projects on schedule, ensuring the timely collection is the best way to enable this. eBuildAuto helps keep your Brand Equity high and your receivables flowing in through automated, timely and accurate reminders. API integration with popularly used messenger apps like WhatsApp, Gmail, etc., ensure your communications reach their intended recipients, speedily.
5. Better Manpower Utilization
Inefficient legacy processes lead to manpower-bloated organizations that end up compensating for lack of productivity with extra hands. This is almost never a good strategy, as it leads to problems like duplication, inaccuracies, and shirked responsibilities. eBuildAuto helps real estate businesses trim this excess fat through its customizability, automated features and high usability. The result: a lean business that works smarter, smoother, and faster.
6. Improved Productivity
eBuildAuto’s features of automation and customizability make it simple to operate, and eliminated unnecessary manpower. In addition, eBuildAuto offers API integration with familiar applications like Word, WhatsApp, etc., making it easy and quick to prepare marketing communications and deploy them to the maximum result.
7. Quick Go-lives
Delays in CRM implementation can be disastrous. The longer it takes an organization to switch over the less likely it is to do so smoothly. Resistance from employees, changes in the organizations or industry, or regulators bring in new complexities that need to be factored in. So it is imperative that your CRM go live quickly. And eBuildAuto is one of the fastest. Where some CRMS take months, eBuildAuto goes live in barely a week!
Takeaway
Simple to use and powerful to boot, eBuildAuto can transform your business from the inside out. In addition to its high ROI, this real estate CRM is also a big productivity booster thanks to its API integrations that can extend its usability superlatively. To schedule a demo and understand the full capabilities of this versatile CRM, contact our sales team today.
Looking for ways to save time, money and raise efficiencies? eBuildAuto Real Estate CRM has been designed and built specifically to address the requirements for real estate developers and promoters. Contact us for a no-commitment demo today.
