We are coming out of a time of massive economic upheaval caused by a once in a century pandemic. During the past two years, the real estate industry has seen record high prices and transactions due to millions of people migrating out of the big cities seeking more space to facilitate work from home and social distancing needs.

Looking forward, we are likely heading into at least a small recession as the Federal Reserve raises interest rates to put the brakes on an overheated economy. For those running a business, it can be a scary time.

Volume in the real estate industry will be decreasing, and while it is cause for concern, this can still be a great opportunity to improve the efficiency of your business.

Running and Efficient Business

For those running a service business, embracing technology is a necessity in the 21st century. Lenders, title companies and home appraisers need to be spending their time and energy on the most profitable activities and with the customers and prospects most likely to convert.

Podium is a new platform designed for the service provider who wants to improve the efficiency of their business, increase the productivity of their daily activities, and ultimately improve the experience and value provided to their customers.

Improved Productivity

Podium simplifies the mortgage process by connecting lenders and service providers on a single platform designed to improve the work flow of everyone’s business operations.

With interest rates rising and the number of transactions decreasing, it is more important than ever for lenders to maximize the value they provide to their customers and increase the efficiency of their businesses.

Using the Podium platform, lenders can improve communication with both service providers and their customers, leading to faster close times, reduced costs per loan, and ultimately a better experience for everyone.

Machine Learning and A.I.

Podium is powered by the latest in machine learning and artificial intelligence technology, making it unique and the most powerful tool of its kind currently on the market. Podium will prioritize the most important and best performers and tasks, while avoiding the least profitable and effective.

Due to its machine learning capabilities, Podium actually gets better and more effective the more it is used as it learns the specifics of your business, making it simply the best system for lenders to be using on the market.

Grow Your Business

The rest of this year and 2023 will be a difficult time for many lenders. Rising rates, low inventory and high prices will mean low demand for mortgages while the economy recovers. This does not mean that there will not be opportunities.

The lender that can embrace technology, maximize efficiency and ultimately provide the best possible customer experience will still be able to grow their business and thrive, during a recession and beyond.

Podium may be the perfect solution for any lender who wishes to use this time to continue to grow their business.