Cognitive Document Processing for Commercial Brokers
Get quicker document approvals so your bigger deals are more manageable and your smaller deals more profitable. ADEx helps accelerate your deal flow by automating and streamlining document intensive workflows, extracting key datapoints quickly to negotiate the best terms and get real estate transactions completed in record time.
Still reviewing or rekeying docs manually? ADEx for Business provides a standalone platform for complete document automation or you can implement ADEx Embedded Solutions to remove manual processing from your existing end systems.
Automatically extract relevant data out of leases and financials to prepare Offering Memorandums.
Pre-built APIs pass relevant data to virtually any end-user system or lending institution.
Uses cognitive models to extract complex content (thematic attribution, visual elements, tables, graphs, language) to feed relevant information to downstream processes.
Eliminates manual processing by comprehending the contents of Purchase and Sale Agreements, Leases, OMs, Rent Rolls, and more than 700 real estate related documents.
Real estate specific functions perform secondary calculations that go beyond extraction and keywords to save time and improve accuracy.
Superior accuracy: content-aware cognitive engine learns quickly with as few as 5 samples and gets faster over time.
In a client benchmark study, ADEx extracted datapoints from highly complex documents – such as leases, agreements, operating statements, OMs and Rent Rolls – faster, more consistently and more accurately than current staff, saving each team member an average of 8 hours per week.
Property Managers that leverage document automation fund more deals in less time. Don’t get left behind. Accelerate your lending deal flow to gain a competitive advantage through intelligent document automation. Invest in a real estate document automation solution that will deliver more comprehensive results and faster, better ROI.
Below you'll find answers to the questions we get asked the most
A commercial real estate broker, in simple terms, is a professional who serves as an intermediary during a commercial property transaction. Brokers represent buyers, sellers, and tenants within real estate dealings and are tasked with a large portion of the leg-work during the buying and selling process. This means that they are often in charge of performing the market analysis, facilitating the property appraisal, and meeting with clients to assess needs. In other words, commercial real estate brokers are the drivers behind commercial real estate deals from start to finish.
An intelligent document processor can be a game-changing tool for any commercial real estate agency. Brokerage firms are typically awash in stacks of documents of many different types, and adopting a single end-to-end solution that can capture, organize, and analyze over 2,000 document types. An IDP like ADEx, which is purpose-built for the real estate industry, can cut down on both costs and human error by automating document workflows.
Rather than spending precious time manually reviewing and analyzing documents, waiting on approvals, or searching for information, brokers can rely on an IDP to enable them to focus on the important work—negotiating deals with clients.
Automated document processing should be an integral component of any commercial broker’s workflow. Not only does it save time and overhead, automating document processing reduces the risk of data entry errors or incomplete analysis, enabling brokers to feel confident that they are working with accurate and complete data when making decisions. By implementing an IDP into your workflow, you can close deals quicker, keep your information organized, and ultimately work more effectively.
Because a commercial real estate broker must coordinate a lot of moving parts, commercial real estate firms are typically inundated with paperwork. Brokers often represent both the buyer and the seller, so they may be responsible for processing a wide variety of documents such as purchase and sale agreements, leases, OMs, rent rolls, and more. This can entail a lot of extensive manual work, requiring brokers to keep extra employees on staff and spend a lot of time steeped in what can feel like distracting busy work.
Finding useful, relevant data can be challenging when buried underneath piles of paper documents. In the commercial real estate industry, documents are often varying and unstructured, making it difficult to locate key information. This can lead to missed business opportunities, approvals for risky buyers, and even regulatory noncompliance.
With an IDP like ADEx, crucial datapoints are identified and presented automatically. Pre-loaded with a library of over 2000 real estate documents, ADEx’s powerful AI is built to extract and present pertinent data from both structured and unstructured forms. After ingesting the information provided on a document, ADEx rapidly processes, organizes, and analyzes data through its understanding of complex relationships between various forms. For example, ADEx can quickly present a commercial broker with a rent roll record by collecting payment and leasing history information from multiple unstructured documents. This allows brokers to make informed, data-driven decisions.
ADEx solutions are priced to fit any size organization. Call us to set up a free pilot so you can experience more powerful turnkey document automation.
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