In today’s fast-paced real estate market, staying ahead means embracing technology that streamlines operations and enhances client interactions. Lone Wolf Technologies (Lone Wolf) has transformed their solutions by introducing a real estate industry cloud, Lone Wolf Foundation, that integrates with key Lone Wolf products and third parties with a plan to expand the services provided to customers.
WAV Group had an opportunity to review the Transact module along with Foundation Cloud. Foundation is a single sign-on dashboard of tiled products. The goal of Foundation is to simplify workflows, ensure compliance, and integrate seamlessly with existing systems, empowering real estate professionals to focus on what they do best—serving clients and closing deals.
Victor and I enjoyed a demo of both products and wanted to share how they can benefit a brokerage.
Streamlining Workflows with Lone Wolf Foundation
A common challenge for real estate agents is juggling numerous platforms and tools daily, making efficiency challenging. Lone Wolf Foundation addresses this directly by providing a robust, centralized platform for identity management and single sign-on.
Real Estate agents have become familiar with Single Sign On Dashboards both on the MLS side and on the broker side. Now Lone Wolf has a solution that can work with both.
Lone Wolf Foundation consolidates diverse real estate applications into a cohesive, user-friendly ecosystem. This single sign-on solution eliminates the hassle of multiple logins, reduces fragmented workflows, and significantly cuts down manual data entry and application administration.
Foundation stands out for its intuitive integration of all core functionalities an agent or broker will need including contact management, transaction oversight, commission management, and CRM capabilities.
Agents and brokers can move seamlessly from managing leads in the CRM to handling detailed transaction management tasks without missing a beat. By design, the layout is simple to promote ease of use with a low learning curve, but vital cross pollination of data accelerates the agents or their assistant’s tasks. In the future – we expect other third party applications will be available on the foundation dashboard. We hope that third party integrations are more than SSO links – but include APIs seamless interoperability among a brokers compilation of software solutions. Obviously Lone Wolf is using APIs for connecting their products – so the same opportunities exist for non-Lone Wolf products.
Data Management and Enhanced User Experience
Central to Foundation’s attraction is its unified contact database, which will automatically sync with email platforms such as Microsoft Outlook and Gmail. This seamless synchronization ensures that critical client data remains consistently up-to-date and accessible across all connected Lone Wolf tools, enhancing accuracy and ease of communication. Today, when an agent adds a customer on their phone or inside Foundation – it gets shared everywhere and there is no duplicate data entry requirement. Huge win – includes contacts, calendar, and email. Tasks/To-dos are not integrated at this time.
Foundation also excels at customization, allowing brokers to define specific roles and permissions tailored to individual needs within their organization.
Victor and I had the opportunity to demo one of the Foundation modules, Transact. We wanted to share our insights on how they can benefit your brokerage.
Integration Across Platforms
What truly sets Foundation apart is its extensive integration capabilities. Lone Wolf has carefully ensured that data entered into one module, whether it’s Transact, ZipForms, Cloud CMA, Back Office, Relationships or Transaction Desk, is populated automatically across all others. This dramatically reduces redundancy and minimizes the risk of data-entry errors, enabling agents and administrators to focus on more productive activities.
The flexible architecture of Foundation positions it perfectly for ongoing growth, readily integrating additional third-party applications and APIs. The Single sign-on leverages OAuth – a common standard for SSO that is supported by most applications by MLSs and brokerages.
This approach ensures that brokerages adopting Foundation are not just meeting today’s demands but are also strategically positioned to incorporate future technological solutions.
Foundation is open and ready to add new partners to their growing list of integrations. Contact us and we can connect you with the right person.
Transaction Management with Lone Wolf Transact
Lone Wolf Transact complements Foundation, offering an innovative approach specifically designed to simplify the complex processes associated with real estate transactions. Built to directly address customer feedback from Transaction Desk and ZipForm brokers and agents, Transact emphasizes ease of use, efficient workflows, and significant customization. This approach makes Transact completely align to how agents manage transactions.
Transact takes a novel, intuitive approach to managing the entirety of the transaction with the buyer or seller. Other solutions in the market focus the transaction on a single address; however, that singular focus doesn’t align with the reality of the client journey. Buyers (and renters) visit many properties, often don’t have their first offer accepted, and may encounter issues in the option period or run into financing challenges – to name only a few of the cases that can arise in the process of finding home. Transact focuses the transaction on that full client journey, tracking every offer, every acceptance, every amendment, and every change across multiple properties and allowing you to carry necessary documentation over from property to property. Simply put, it’s the first transaction management solution that actually aligns with the customer journey, reduces duplicate work, and simplifies the transaction process. We do see that at some point in the future, ZipForms and Transaction Desk products being consolidated to Transact.
User-Friendly Transaction Management
The primary strength of Transact is its simplicity and intuitive design. The platform presents agents with a streamlined four-step process for forms management, initiating and completing transactions, and collecting e-signatures.
Agents effortlessly select transaction types, apply customized broker templates, import property details directly from MLS or tax records, and swiftly move through compliance checks and documentation submissions.
The integrated compliance wizard further simplifies the transaction process, providing clear guidance on required forms at every stage. This feature ensures better alignment between brokers and agents, reducing potential compliance issues and speeding up approval timelines.
Customization and Control for Brokers
Transact provides brokerages with customization options to define clear transaction processes and compliance protocols according to their individual brokerage standards. Through an intuitive transaction review dashboard, brokers gain full visibility into transaction statuses, enabling proactive management, real-time updates, and quick interventions when needed.
Real-time notifications within the platform and via email further enhance broker oversight, keeping critical transactions on track and significantly reducing operational risks.
Legacy System Integration
Understanding the varied needs of today’s brokerage firms, Transact is designed for integration with legacy transaction management solutions such as ZipForms and Transaction Desk. A feature that impressed us was that agents transitioning to Transact can easily manage and maintain access to past transaction records, ensuring business continuity and smooth data migration.
Transact directly integrates with Lone Wolf’s back-office solution Back Office. This integration ensures a seamless flow of data between transactional and financial systems, eliminating redundancies of data input, reducing keystroke errors, and enhancing administrative efficiency. Victor and I are looking forward to demoing the Back Office module is the near future, and are looking forward to seeing how it integrates with Foundation.
The Caveat
Foundation currently has limited integration partners, but is open and ready to add new partners. Integrations may take time, but we think it will be a worthwhile investment. Again, we are happy to make introductions.
Transact is like the little broker to Transaction Desk and ZipForms. We do see Transact as a tool for new Agents to the business and recommend brokerages to encourage them to use this for managing their transactions.
Transact is unlikely to draw agents away from Transaction Desk and ZipForm out of the gate, as established agents have already integrated these tools into their workflows and change is hard. But they should give it a look, as the UX and simplicity will be worth making the switch.
Transact can be a valuable tool for new agents entering the industry and there is a high likelihood that experienced users on existing solutions may simply recognize that Transact is enough, and the deep features in legacy products may have been overbuilt. We recommend brokerages to encourage new agents to utilize Transact for managing their transactions.
Another small but very important feature that is missing, push notifications. Push notifications are a must-have for real estate professionals who live on their phones. Transact currently sends timely notifications via email for critical contract compliance issues. We would prefer to get a phone message if you need to attend to something that is timely in a transaction.
Adding push notifications would allow agents to stay informed and respond quickly to time-sensitive events. We are pretty sure that they know this and are working on it. Given Lone Wolf’s existing mobile capabilities, we anticipate push notifications will be an area of future development to further support agents in the field.
Moving Real Estate Productivity Forward
Together, Lone Wolf Foundation and Transact embody the future of integrated technology solutions in the real estate industry. By breaking down data silos and eliminating redundant processes, these platforms can significantly boost productivity, allowing professionals to focus more on strategic tasks, client relationships, and focus on successful deal closures.
In a competitive market where agility and efficiency define success, Lone Wolf Technologies offers real estate brokerages the tools they need not only to keep pace but to excel. Adopting integrated solutions such as Lone Wolf Foundation and Lone Wolf Transact positions brokerages and their agents to grow in today’s rapidly evolving digital landscape. We are looking forward to future demos of all the modules that Foundation offers.
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