The core functionality of real estate software
Top real estate software development companies deal with multiple complex workflows that should be well-tuned. To optimize the process, real estate solutions are designed for the centralization and automation of these workflows.
While every product owner has their own requirements, there are core features for all real estate solutions. Let’s have a look at them.
CRM functionality
A successful real estate agency is always client-oriented. That is why it is important to well-tune all client-related processes. An advanced CRM functionality can help you to establish efficient communication with clients. With it, all client information (full name, contact information, contract, property images, etc.) is clearly structured and organized to be quickly and easily accessed whenever needed. The CRM functionality can also be helpful due to automated follow-ups giving an option to set up and schedule reminders and emails.
Property management
One more essential feature is property management. A directory of any real estate agency has a great variety of properties that should be well-organized and managed.
A good real estate solution should give an opportunity to add and update records, assign agents to properties, easy access and edit needed property, etc.
Property matching
Having thousands of properties in a directory a real estate agent can spend a ton of time and effort to find the perfect option for a client. Even using advanced filters, the agent has to check a long list of options. Automated property matching accurately analyzes clients’ requirements and property features and returns an ideal match to an agent.
Account management
Modern real estate software should also provide a set of built-in accounting features enabling easy and fast invoice generation, disbursement management, automatic payment collection reminders, payment data archiving, etc. This functionality helps to save a lot of time and mitigate the risks of errors.
Built-in analytics
Every business decision should be informed. That is why real estate agents need analytics and detailed reporting helping to reveal the current state of affairs, tendencies, client behavior, and others.
Document management
A real estate manager has to deal with a bulk of documents therefore the functionality of document management is indeed essential. It should help to maintain, share, download, and access legal and other documents.
Tips for choosing one of the top real estate software development companies
To create a real masterpiece and please end-users with an advanced and smoothly working real estate solution it is necessary to engage high-end real estate software developers. Making up your mind about a development partner you need to consider a wide range of aspects to understand whether it deserves to be trusted. What are these aspects? You can find them below:
It is obvious that the first thing that you should check is the experience of a development company. So, find out how long it has been doing business, how many projects its team has under its belt, and how complicated and advanced they are. In these terms, pay particular attention to case studies and portfolios. Review them to understand whether you like the final result.
Set aside some time to study the social media profiles of a real estate development company and its rates on trustworthy platforms. Feedback from real customers can let you understand whether a company is indeed proficient and whether you can rely on it.
Make sure that a real estate development company can provide you with a team of seasoned professionals and can quickly enlarge it whenever a project needs it.
Cooperating with a real estate software development company, you share with it some sensitive information. That is why you should be sure that the company can handle this and has measures in place to protect your idea, solutions, and confidential data.
The location of your real estate company is of primary importance when it comes to development rates. By engaging an offshore development company you can significantly cut down development costs. On the other hand, cooperating with such a company, you should pay attention to the command of English and the time difference. Poor English skills and a significant time gap can cause communication problems.
Efficient communication is a ticket to success. In this context, apart from the aspects described above, you should make sure that your real estate development company is ready to establish close relationships and communication implying frequent meetings, calls, and reporting.
