How Moncord Allows Lloyd to Focus on Higher Return Activities

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Lloyd Ball

President/Managing Broker at Anomaly Commercial

Listen To The Audio Testimony Below:

“I heard about the idea from Alex that he was going to launch a business. And I had known that his wife had already been in this space for a long time so I was excited to work with them from a commercial perspective. This was about a year ago and it’s been a great partnership ever since. It seems like their service level is above and beyond because I’ve had other commercial brokers compliment me on how fancy our system is because as soon as something goes into contract there’s this barrage of emails that goes to all the stake holders in the deal letting them know when time lines are and when XYZ is due, that escrow is set up and it just works. It all comes together very nicely. That said, it’s just constant above and beyond compared to what I’ve seen in the past. And I’ve been in real estate for 16 years so I’ve seen a lot of it. Specifically for commercial people that I work with all the time, I kinda don’t want them to have Moncord! No, I’m just kidding. I would say that it really gives you an edge, it allows you to focus on the higher return activities instead of working on transaction management, which is crucial and it’s very important because any deal can fall apart if the key people kind of take a back seat and they don’t drive the deal. I would say it makes you more productive. For people in my position most of the time they don’t like paperwork and they’d rather be in the field talking to people and looking at property and analyzing its highest and best use. So I’d say it’s going to make you a better real estate professional. I don’t have to worry that I’m going to miss a date, I don’t have to keep going back and looking at the contract and figuring out all those things that are key and crucial to keep me out of trouble but also keep the deal moving forward. First of all, it’s a stress reliever and then second of all it makes me look like I’m bringing a team to the table that’s professional. I do have a team but not on that side of the business and now if feel more complete and it gives me a sense of pride and confidence. Lastly, it’s freed up my time to not have to focus on those details and it’s allowed me to continue to prospect and focus on revenue driving activities.“

- Lloyd Ball