Bowen Capital needed to overhaul the way they processed real estate transactions and documentation. <\/p>\n\n\n\n
Read on to see how by implementing Paperless Pipeline over just two weeks, they streamlined their business and saved hours each day.<\/p>\n\n\n\n
Bowen Capital connects property wholesalers with institutional buyers across the country. <\/p>\n\n\n\n
The company was started by Andrew McClam in 2019. A wholesaler himself, Andrew saw a niche opportunity for building relationships with dedicated buyers.<\/p>\n\n\n\n
CEO Andrew, COO Emalee Kauth, and three assistants make up the small team at Bowen. They coordinate deals between nearly 50 wholesaler teams and 20 buyers nationwide and are growing rapidly.<\/p>\n\n\n\n
They currently focus on single-family homes but are hoping to enter the multi-family home and commercial markets soon.<\/p>\n\n\n\n
However, having to coordinate between so many participants across dozens of transactions requires an immense level of organization.<\/p>\n\n\n\n
When COO Emalee arrived on the scene, the company was relying on Excel and Google Sheets to manage its transactions.<\/p>\n\n\n\n
The process of updating transactions and documentation was painstaking, taking up several hours each day.<\/p>\n\n\n\n
Having spreadsheets for each buyer, as well as each wholesaler, required the team to make several changes across multiple spreadsheets as transactions progressed. <\/p>\n\n\n\n
Emalee\u2019s goals were to:<\/p>\n\n\n\n
\ud83d\udee0 1. Make things super easy for the team and give them the resources to do their jobs.<\/p>\n\n\n\n
\ud83d\udee0 2. Make sure Bowen\u2019s partners had a transparent view of their transactions, so they had confidence in knowing what was being completed on their deals.<\/p>\n\n\n\n
\ud83d\udee0 3. Ensure that things were made as simple as possible for their buyers, who they had put so much effort into developing relationships with. <\/p>\n\n\n\n
Fortunately, Emalee had come from a company that used Paperless Pipeline and knew it could revolutionize their transaction management.<\/p>\n\n\n\n
As COO and transaction manager, she knew that serious changes needed to be made, and started their Paperless Pipeline subscription the moment she joined Bowen Capital.<\/p>\n\n\n\n
Emalee has customized Paperless Pipeline to fit the company\u2019s operations perfectly. It\u2019s now the all-in-one tool for managing their transactions and communications. <\/p>\n\n\n\n
It has given Bowen Capital a bird\u2019s eye view of the team\u2019s activity and allowed them to keep track of transactions by assigning tasks and setting deadlines.<\/p>\n\n\n\n
And crucially, simplifying how they update their transactions and documentation has saved them time.<\/p>\n\n\n\n
Some of the features Emalee and the team love are:<\/p>\n\n\n\n
Being able to incorporate checklists that trigger automatically has streamlined the team’s tasks immensely. Every employee knows exactly when their attention is needed along the transaction pipeline.<\/p>\n\n\n\n
Now the team has an email template ready to be fired off for any interaction. Does the database manager need more information from a client? Does the submission specialist need to follow up with a buyer on a bid? There\u2019s a template for everything! <\/p>\n\n\n\n
With so many steps in the sales process, it was crucial to make sure no details were missed. Now, thanks to Paperless Pipeline\u2019s simple customizability, every step of the property selling process has its own label and status.<\/p>\n\n\n\n
So, did Emalee meet her goals?<\/p>\n\n\n\n
Yes! \u2705<\/p>\n\n\n\n
Everything has become so streamlined and efficient that they\u2019ve gained three hours per day!<\/p>\n\n\n\n
Yes! \u2705<\/p>\n\n\n\n
Every partner has their own login and profile. They can reference their deals and follow all the relevant information. Having their own profiles also helps to protect the privacy of each partner.<\/p>\n\n\n\n
Yes! \u2705<\/p>\n\n\n\n
Paperless Pipeline has allowed Bowen Capital to seamlessly broker deals between their clients and buyers. By streamlining their process, they are able to close deals the same day their clients find sellers. <\/p>\n\n\n\n
Paperless Pipeline has turned Bowen Capital\u2019s process into a timesaving machine.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Bowen Capital needed to overhaul the way they processed real estate transactions and documentation. Read on to see how by implementing Paperless Pipeline over just two weeks, they streamlined their business and saved hours each day. About Bowen Capital Bowen …
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