End-to-end acquisition, closing and leasing services for effective and efficient property acquisition process
Kicker: Real estate management services to drive 30-40% cost efficiencies through offshoring, process standardization and use of AI solutions
The real estate industry has witnessed significant uptick in rental homes post the pandemic especially in the United States. Organizations and big investment houses are making huge investments across the country following the “buy and rent” model. This has resulted in high levels of competition across the market and organizations in the sector are focusing on ramping up their operations quickly.
Wipro’s real estate services help clients improve the acquisition and closing process and enhance the efficiency of managing rental properties. Our solutions are driven by legal and real estate experts who are experienced in managing a review of property related documents to identify any restrictions preventing sale or leasing of the property.
Wipro’s services support in the following areas :
- Manage end-to-end property acquisition and closing including review of sales contract, covenants, conditions and restrictions, property title, tax proration, settlement statement, approvals using AI/ML solutions
- Drafting, review and negotiation support for lease and property agreements
- Review and abstract key attributes from legacy leases and summarize key clauses for easy reference
- Centralized storage of lease documents and developing document indexes for effective document management
- Comprehensive reporting and analytics through live portfolio dashboards, multi-period reporting and property performance profiling
With our services, customers can expect 30 – 40% cost savings through offshoring of acquisition, closing and leasing processes. In addition, operational efficiency and standardization, along with analytics and insights help to reduce the closing cycle time.