Category Archives: Real Estate

Tips for Purchasing Real Estate Management Software

Real estate is among the world’s most lucrative businesses. If you’re a realtor, then you need to consider using real estate software for your business. Having the best real estate tech solutions is imperative. The programs should have the right features. These apps should also include exploratory testing tools. Real estate applications are a must-have for both full-time and part-time real estate investors. Here are a few tips to help you choose the best software for your real estate business.

Before you start looking for an ideal program, you must first evaluate your needs. This is a vital step because it will allow you to find software based on your criterion. There are different types of real estate management software out there. So, assessing your options will help you narrow down the options you have.

Create a budget. Think about the amount of money you’re willing to spend on real estate apps. Some software providers offer trial versions for their products. It’s advisable to try out free software before purchasing a program. This will enable you to determine whether the program meets your standards and needs. Only pay for an application that suits your nature of business as well as the needs of your company. Some programs are easier to learn than others. If you pick complicated software, you should be willing to learn the features and functions. Since this will cost you a lot of time, you should consider simple, user-friendly apps.

The majority of software developers have easy-to-use websites. When finding real estate management software, visit the developer’s website to understand more about their products. If the site offers customer support, you should contact the company’s representatives to ask any question regarding the software. Additionally, you can look at some testimonials from clients.

Customer support is an essential business aspect. You might need some help during the buying process or after buying the product. The customer support team will help you install the software and resolve any issues you may have with the product. Hence, ensure you buy your real estate software from a reputable company with a dedicated customer support team.

Consider the developer’s experience. The developer must have adequate experience to create good property management software. To find out about the experience of the developers, you can check on their website. If the info isn’t on the site, you can email, SMS or call the developers to get the information you need. You can also look up the programmers on review sites or forums to get genuine info about them. Anything over five years is a good amount of experience for a software developer.

Lastly, take into account the availability factor of the app. How will you get the software? Will the program come in CD format, or is it downloadable? It’s always wise to go for a program with a link to the download page. These types of software will save you a lot of time. Be sure to ask the vendor to provide you with a link to download the application.

Luigi Wewege on the Impact of Startups on Real Estate Industry

 

Luigi Wewege Real estate impactsOne of the principal benefits of the speed with which technology has advanced in recent years is the increased accessibility to all kinds of varied financial opportunities. According to Luigi Wewege, the real estate industry is one of many industries that has experienced significant benefits as the result of technological advances, with the ease of access generating substantial increases in property investment.

In 2015 alone, technology principally designed for the real estate industry saw impressive funding exceeding $1.7 billion over close to 200 individual deals. This increased funding for real estate technology has dramatically increased foreign investment in properties all over the world and has given investors the opportunity to truly diversify their property portfolios with options to which they may not have previously had access.

Given that the real estate industry is legitimately worth trillions of dollars, it should not come as much of a shock that so much funding has been secured by startups creating real estate technology that increases access to such a massive market. It seems likely that this level of investment will only continue to rise in the future as investors continue to seek ways to access valuable investment properties to add to their portfolios.