Deals that haven’t been placed and closed are money that isn’t being leveraged for your business. When you have high-risk files, you need the help of a service brokerage in New York, NY to help operate more efficiently and build your customer base. Are you ready to make deal placement assistance work for your business? Here are some of ways that service brokerages can help you place deals faster.
Better Communication
When you’re trying to place all your files and trying to find new clients, there are inevitable delays in communication that can be costly and frustrating for your existing clients. A service brokerage can facilitate the necessary communication so that deals can move forward more quickly. They also understand the kind of communication each party needs to proceed with the deal and can make sure the right information is included in the communications so that there is no unnecessary back and forth that wastes time and slows down the deal placement process.
Easier Submissions
One of the biggest client complaints about the deal process is that the submissions process can be confusing and overly lengthy. This is especially true if you don’t adequately scrub files for qualifications or you don’t obtain the right information in the right format for the underwriting process from the start. A service brokerage makes submissions a straightforward, simple process that your clients only have to deal with once. This makes your existing customers more satisfied, leads to faster deal placement, and frees up your time to bring in new clients.
Faster Growth
Working with a service brokerage is like having an in-house continuing education department. Service brokerages stay current on new trends, technologies, and industry partners and can help you and your staff grow your business by continually introducing innovate ideas. You can leverage these educational opportunities into new procedures and techniques that mean faster service for your clients and faster growth for your business.