ApproveThis manages your Ownest Integration approvals.

Why Ownest Needs Approval Automation

Ownest revolutionizes how real estate professionals and homebuilders secure financing approvals, but even the most efficient platforms hit roadblocks when human decision-making enters the equation. Manual approval processes create delays in critical moments – like when a buyer needs immediate loan confirmation to secure a property, or when a developer must approve contractor payments to keep projects on schedule. These bottlenecks don’t just slow down sales; they risk losing deals entirely in competitive markets.

The Power of Connected Workflows

ApproveThis acts as the decision engine for Ownest’s financing workflows. While Ownest manages applications, contacts, and deal timelines, ApproveThis adds three critical capabilities:

• Conditional routing: Automatically escalate high-value loans to senior underwriters
• Cross-team collaboration: Enable simultaneous reviews from legal, finance, and sales teams

Together, they reduce approval cycle times by 65% according to industry benchmarks, while maintaining rigorous compliance standards through audit-ready documentation.

Real-World Use Cases for Homebuilders & Developers

1. Instant Buyer Financing Validation

When a new homebuyer application enters Ownest, ApproveThis triggers parallel approvals:

Builder Scenario: A mid-sized developer receives 50+ applications weekly during peak season. Their Zapier integration routes applications through three automated checks:

- Credit score thresholds via calculated fields
- Down payment verification against internal risk models
- Builder incentive approvals for special promotions

Approvers receive email notifications with key data points, eliminating time wasted logging into multiple systems. Sales teams get real-time status updates in Ownest, allowing them to lock deals before competitors.

2. Contractor Payment Escalation Protocols

Construction firms using Ownest for project financing combine invoice amounts with timeline milestones. ApproveThis’ thresholds automatically approve payments under $10k while flagging larger amounts for COO review. If an approver is OOO (common in field-based roles), vacation delegation reroutes requests instantly – no project delays.

3. Compliance-Driven Document Signoffs

For developers securing large-scale financing, ApproveThis adds layer-by-layer document verification:

1. Legal team reviews loan terms
2. CFO approves financial commitments
3. Project manager confirms construction timelines

Each step updates Ownest automatically, maintaining a single source of truth for all stakeholders.

Key Integration Benefits by Team

Sales Teams: Close While Competitors Compile Paperwork

With automated approval SLAs, sales reps guarantee buyers decisions within hours instead of days. Approval statuses sync back to Ownest leads, enabling prioritized follow-ups. One regional broker increased conversions 22% by adding “Pre-Approved Within 4 Hours” to all listings.

Finance Teams: Control Without Bottlenecks

Configure multi-tiered approval chains that adapt to deal size and risk profiles. Approval thresholds automatically greenlight routine requests while flagging exceptions. All decisions are timestamped and documented for compliance audits.

Operations: Eliminate Cross-Platform Chaos

Field teams approve invoices via email while office staff use the dashboard – all updating the same Ownest project records. Approval groups prevent decision paralysis by defining exactly who needs to sign off at each phase.

Implementation Made Simple

Connecting Ownest and ApproveThis via Zapier takes under 15 minutes:

Step 1: Create Zapier triggers for Ownest events like new applications or updated leads
Step 2: Map critical data points to ApproveThis request templates
Step 3: Configure approval rules and notification preferences
Step 4: Test with sample data before full deployment

Pro Tip: Use ApproveThis’ calculated fields to auto-populate risk scores based on Ownest application data, reducing manual review time.

Critical Features for Real Estate Workflows

ApproveThis adds capabilities that Ownest alone can’t provide:

Email Approvals: Senior executives can approve million-dollar deals directly from Outlook without learning new software
Approval Groups: Require consensus from all partners in an LLC structure
Mobile-Friendly: Field superintendents approve change orders from job sites

Best of all? External approvers (like investors or client representatives) don’t need Ownest licenses – they interact entirely through ApproveThis’ secure portal or email.

When to Consider This Integration

The Ownest/ApproveThis combo delivers maximum value when:

- Deals require multiple internal signoffs
- You work with external partners needing limited system access
- Financing terms vary significantly between projects
- Audit trails are non-negotiable

A midwestern homebuilder reduced approval-related delays from 11 days to 38 hours using these tools – now they undercut national competitors on closing speed.

Getting Started

Ready to turn approvals into a competitive advantage? Start your ApproveThis free trial or explore Ownest’s financing solutions.

For complex implementations, request a custom demo showing how to automate your specific approval workflows. Our team will build a proof-of-concept using your actual Ownest data structure and approval requirements.