TMS - Come Out, Come Out - Wherever you are!

What has happened to TMS - transaction management services?  Several of the bigger players have either abandoned or given up on providing such services through the brokerage industry. Why? The question of who pays is why.

The place for all of these services has been in the closing industry, not the brokerage industry. Automated transaction management provides the greatest advantage to the consumer and not the agent. At the rate of less than 10 transactions per year per agent for this industry - why in the world would an agent need to automate anything related to so few transactions?

Wake-up closing and escrow industries - it's time for you to bite the technology bullet and bundle these services into your services offering > direct. The consumer is waiting, it's your business model and this time, the cost and the benefit are yours for the taking. Who will be first and who will win? The first closing or escrow company that actually does this and then most importantly - tells the consumer they will do it for them. That's who.

--Ken Jenny, TranCen.com

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