Custom Real Estate Software: Is It Worth Using?

YouTeam
3 min readJan 17, 2022

It goes without saying that during the pandemic many industries faced the problem of lack of digitalization which made them adopt technologies to work on their side. Among such industries was the real estate industry and the number of technologies in this area will continue to grow. Real Estate Software with good management will keep the company competitive and will help to get the most.

The most popular types and features of real estate software

So, what is Custom Real Estate Software? It is software that helps companies or professionals to manage clients’ requests, their contacts; manage leads, marketing campaigns, and other services.

Among some of the most popular types of real estate software are:

Real estate management software

Real estate management software helps to track all the activities connected with the company, such as managing the property, management of the agencies, agents, and even financial operations.

There are some features which will surely interest you in this kind of technology:

  • Real-time information. The software keeps data in real-time to operate the processes and make quick decisions as the information is up-to-date.
  • Security. Encryption technologies help to keep clients’ sensitive data safe.
  • Data. This software helps to check big clusters of information quickly and make proper decisions.

Property management software and apps

Property management software helps landlords to track residential property, leases, maintenance and optimize processes, and gather rent which reduces unnecessary outlays.

Some of the popular features of this software are:

  • Property inspections. There are many property management software that helps to evaluate the property and generate moderate reports.
  • Enhanced communication. This software offers customers to create accounts for making payments and maintenance requests.
  • Reduced administration. It helps the companies to keep their data updated without the need of keeping any spreadsheets.

Real estate CRM software solutions

As it is a good decision for companies to keep their data safe and always updated, many professionals will find it helpful. Some of the most popular CRM systems are AgileCRM, Agent CRM, Zillow Premier, etc.

Multiple listing service software for real estate

Multiple listing makes the process of renting much easier as it keeps information needed for brokers to contact those who want to buy or rent it.

Custom real estate software development or off the shelf solution

Talking about which real estate software to use is always a difficult decision: it can be either customized or off-the-shelf software. Each of them has its pros and cons, but the best way of choosing is to evaluate the business requirements and then choose the best one.

Below we will check two of the most popular software for the real estate business.

Custom real estate software

This software manages all the aspects of the company’s activities.

Pros:

  • No months or additional payments.
  • Possibility of adding new features.
  • Other applications are easy to integrate.

Cons:

  • Development of the system takes some time.
  • There is a need for huge expenses.

Off-the-shelf software solution

This software offers basic options and tools used by companies in the real estate industry.

Pros:

  • Provides a free trial before using it on a large scale.
  • Fast to implement.
  • Availability of customer support.

Cons:

  • Maybe functional gaps due to lack of customization.
  • Subscription is a must.

Are you interested in how you can benefit from the real estate software or how much it costs to build it? Check out our blog.

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