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Real Estate Management
 Abstract
Real estate agent management system is a Real Estate Business Activities manager that is created for commercial real estate professionals. It is a platform for Real Estate Agencies and Brokers to cater to a large customer base. It provides a business environment by offering a more flexible, cost-effective and easy alternative for overall Real Estate business process.
Introduction
Property portfolio management is a very important aspect of the Real Estate business. Real Estate business professionals like the Brokers and Agents provides the conventional full-service to the customers.
These business services have a lot of business challenges as it involves co-ordination with other real estate business processes like:
- Comparative Market Analysis - an estimate of the home's value compared with others. This differs from an appraisal in that property currently for sale may be taken into consideration (competition for the subject property).
- Exposure - Marketing the real property to prospective buyers.
- Property Management.
- Exchanging property.
- Auctioning property.
- Marketing Material preparation.
- Vendor co-ordination.
Business challenge
- There may be issues in meeting legal requirements due to inflexible software and data maintenance.
- Business owners not being able to exercise accountability for their part of the property portfolio.
- Absence of timely visibility of property revenue and costs to the wider business.
- Poor and slow coordination with other depending business process.
- Poor customer service due to slow processes.
- Inability to use best practice processes due to isolation of property management activities.
- Disconnect between property maintenance, asset management planning and rental accounting.
- Expensive Multi-system reconciliation activities.
- Inability to build and design customizable print materials.
Solution
Manage Property Information:
Property Manager will help you track the Property information in a well organized manner. It provides important insight into the property information and provides easy way to search, sort properties by street and suite address.
- Integration with Real Estate Transaction Standard (RETS) for exchanging real estate transaction information.
- Integration with Multiple Listing Service (MLS) is to enable the efficient distribution of information. When a real estate agent is introduced to a potential home buyer, he/she may search the MLS system and retrieve information about all homes for sale in a given area or price range, whether under a listing contract by that agent's brokerage or by all participating brokers.
- MLS integration also helps users solve the discrepancies in the property information.
 E-Commerce:
- We provide one-stop-shopping for motivated Real Estate Professionals, and we can help you decide the most cost-effective solution for the way you work.
- Providing an easy and secured way for customers to effect transactions.
- Complete understanding of the products or services offered which not only include complete product information, but also sound advisors and selectors.
- Being truthful about its product and its availability, shipping reliably, and handling complaints promptly and effectively
- Also provide an enjoyable and rewarding experience to its customers. Sales promotions to this end can involve coupons, special offers, and discounts.
Time Management, group calendars:
- Real estate agent management system provides a very interactive and user friendly time management system to the users. The users can create and manage their Calendar and Events.
- The Calendar screens and Events are color coded, interactive and user-friendly.
- The Calendar provides daily, weekly, monthly, yearly views.
- The Agents can analyze the photographer’s availability and book the photographers. The Calendar also provides rearranging of the schedules for the users.
- The Role based security is maintained so that only users with valid access permission can view the calendar.
Manage Photos:
- The users can upload and manage photos for their properties. The photos can be categorized into multiple categories.
- High resolution photos can be uploaded efficiently through this module. The system checks for the photos quality as these photos are used for products like Virtual Tour, Print material.
Virtual Tour:
- Virtual Tours can be created for the properties in very user-friendly and simple steps. The photos in the virtual tour can be arranged and sorted by drag and drop functionality.
Print Material:
- Print material is very important aspect of Real Estate. Real estate agent management system facilitates the users to create and customize high quality Print Materials like Flyers, Brochures, and Business cards etc.
- The configuration of Print Material is very interactive; the users can just drag and drop the pictures and text to customize their Print Materials.
- Real estate agent management system ships in with ready-made, editable templates which can be easily customizable. The configured Print Material’s are converted into high quality printable formats.
User Communication:
- The users are communicated of every business transaction in the system that is related to the respective users.
- The user can opt to either subscribe or unsubscribe to the business events.
- Users are communicated through emails before the specific time period to notify about certain events that are schedule for that user. For ex. The photographers and agents are notified about their appointments, additional email notification is also send a day prior to the appointment to the users.
Conclusion
Real estate agent management system has provided a more time saving, flexible, cost-effective and easy alternative for the business processes. It helps the Agents to work efficiently with Photographers and Vendors. Interaction between business activities is made very interactive.
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