• Home
  • >
  • Tech News
  • >
  • Custom Real Estate Software: Do I Need It and Where to Start

Do I Need It and Where to Start is an article under the topic Outsourcing Many of you are most interested in today !! Today, let’s InApps.net learn Do I Need It and Where to Start in today’s post !

Read more about Do I Need It and Where to Start at Wikipedia

You can find content about Do I Need It and Where to Start from the Wikipedia website

No doubt, most industries have been embracing technological advancements of late, and the real estate industry has not been an exception. A recent report estimates that the global real estate technology sector will grow at a CAGR of 12.2% from 2022 to 2026 will be valued at $13.46 billion by the end of that period. In a world that is becoming competitive, it is paramount for real estate companies to move in tandem with the times in terms of real estate management software of risk sinking into the abyss of irrelevance. For any firm to derive the most out of software development for real estate, they must have a full understanding of what it is, how it is done, the costs, and the benefits that are associated with it.

RE software development

The most popular types and features of real estate software

The applications of real estate software solutions are vast. Any real estate business needs to evaluate which areas they might need the help of digital solutions to implement these that can make a real difference and optimize business processes. Described below are some of the most popular types of software and their features that real estate companies can incorporate into their operations.

Real estate management software

Managing real estate can be a daunting task. It is particularly true for companies that own multiple real estate properties. Failure to adhere to proper management practices can lead to the company having losses that would have, otherwise, been avoided. 

We know at least three features that make real estate management software worthwhile.

Real-time information

Real estate management software features real-time information. It is critical considering that events can occur quite fast in real estate. Sometimes, decisions are postponed because realtors will not be having access to real-time information at that point during their fieldwork. With web-based real estate management software, businesses can experience the convenience of working from anywhere at any time. It is because data is updated automatically and available online. As a result, employees can access all the required features from an Android or iOS mobile app.


The other pivotal aspect of real estate management software is that it should feature tight security. Like any other business, real estate companies have to be the custodian of their clientele’s data, some of which might be sensitive. In this case, such data includes credit checks, lease agreements, ID information, etc. Usually, real estate management software ensures that there is no need to worry about data breaches as it features encryption technologies.


In this day and age, businesses are increasingly becoming more reliant on big data. However, data analyzed from manual sources are usually unreliable and takes so much time that nobody actually does these analyses. Real estate management software allows users to run thorough analyses and make data-driven decisions.

Property management software and apps

Property management software and apps have features that optimize the job of real estate professionals. The most common features for this are highlighted below.

Property inspections

One of the most time-consuming tasks in real estate is property inspections. However, these are vital as they have a bearing on the valuation of properties. The good news is there are property management software and applications that avail useful inspection templates and generate insightful reports while in the field.

Enhanced communication

Property management also requires the seamless flow of information between the tenants and the real estate company. Property management software and apps also feature customer relationship management. They offer a platform for tenants to create their profiles, make payments and maintenance requests.

Reduced administration

One of the most tedious aspects of property management is administration. Entering information into spreadsheets manually is a task that most real estate employees find time-consuming and prone to errors. A property management software and mobile app give professionals the convenience of having their data automatically updated.

Read More:   Update Joseph Sirosh of Microsoft: How AI Can Help the Blind See

Real estate CRM software solutions

CRM platform is a powerful tool that helps realtors manage, attract, and retain customers, streamline transaction management, and close deals on time. It is an all-in-one customer services solution for real estate companies.

Real estate professionals will find helpful CRM systems like Hubspot, Zillow Premier Agent CRM, AgileCRM, Streak ​​CRM for Real Estate, Apptivo, among many others. 

Multiple listing service software for real estate

It is a platform that real estate brokers use to exchange information concerning properties and appraisals. It enables agents and brokers who are selling properties to connect with those who want to purchase and vice versa. Multiple property listing services make the entire property buying or selling process much easier.

Real Estate Transaction Standard (RETS) integration solutions

RETS also features on the list of the most popular real estate software. It is a powerful technology for simplifying user experience in real estate listings through a multiple listing service. It is displayed in a universal format to ensure that every realtor using the service can have an experience in sync with others on the platform.

Real estate valuation engines

Real estate valuation engines are some of the core aspects of the real estate industry. It is because of the paramount role that property valuation plays in financing, investment analysis, insurance, and taxation. Real estate valuation engines help real estate companies with evaluations, cash flow analysis, risk analysis, and mortgages. This software helps both agents and clients alike make informed decisions.

IDX integration solutions for real estate

It is paramount for real estate professionals to embrace Internet Data Exchange (IDX) as it plays a major role in lead generation and, ultimately, sales. The IDX is a policy within the National Association of Realtors (NAR) that enables agents to share listing details on the local Multiple Listing Service (MLS). IDX integration solutions provide easy access to the local MLS or a third-party listing service. It is in the best interest of real estate agents to join listing services such as Zillow and Trulia as they help them build the much-needed credibility.

How can you benefit from the best real estate software?

If companies are to obtain the best out of real estate software solutions, they need to be aware of the main advantages of the main solutions available on the market. There are several benefits that property owners can derive from real estate software. These are highlighted below.

Interact with clients

Real estate software provides an opportunity for real estate businesses to engage both their current and potential clients. Several real estate software has chatbot features that companies can use to keep in touch with their clients, creating meaningful relationships in the process and saving time for routine conversations.

Offers big data in commercial real estate

The other advantage of embracing real estate software is that they give companies the much-needed big data that enables users to have the latest market insights that are key for decision making. What’s more, based on this data, the software can make more targeted offers to users.

Higher lead conversion rate

The other benefit of real estate software is that they result in higher lead conversion rates for real estate companies. Some software solutions feature artificial intelligence add-ons that go about doing lead capture online with higher accuracy. Therefore, it is paramount for real estate companies to invest in such software as it drives up the number of paying customers.

Digital marketing campaigns made easy

Some real estate software also offers social media posting services that are focused on lead generation. It works in the way that automatically creates your social media posts and shares the updates as soon as they are created on the RE platform.

Tracks the sales process

The other benefit of real estate software is that it can be used for the entire sale process from the first user’s contact with you. It is key as it helps businesses optimize their sales by identifying problematic areas across the process.

Automation of tasks

As highlighted before, the real estate industry is characterized by numerous repetitive tasks that employees may find tedious. Real estate software offers realtors to automate some tasks, saving the much-need time and money in the process.

Custom real estate software development or off the shelf solution

One of the toughest decisions that real estate companies face is whether to implement customized or off-the-shelf software solutions. Each approach has its pros and cons, which are going to be discussed below. The best course of action would be to assess your business requirements and opt for the approach that is best suited for you.

Custom real estate software

Custom software solutions are those that take into account all aspects of your business activity. It is the perfect choice for large enterprises that require unique features or operate in narrow niches.

Pros of custom RE solution

  • It results in long-term savings as there is no need for a monthly subscription fee and other charges.
  • There is room to add features or functionalities.
  • It can be easily integrated with other applications. 
  • There is a right of ownership.
Read More:   Why It Is Difficult to Hire for DevOps? – InApps Technology 2022

Cons of custom RE software

  • The system usually takes a long time to develop.
  • It requires a huge capital outlay.

Off-the-shelf software solution

Off-the-shelf software solutions offer basic tools that are useful across the entire real estate industry. They avail standard operations and are not tailored for particular industries or markets.

Pros of ready-to-use RE solution

  • They allow businesses a free trial before implementing them on a large scale.
  • Since they are readily made, they are suitable for fast implementation.
  • Customer support is available.

Cons of ready-to-use RE software

  • Since the system is not customized, there might be functionality gaps.
  • There is a continuous need for a subscription fee.

Mainstream technologies used in the real estate business

People will find that high-end technology that has been developed over the years has also been found useful in real estate development. These are described below.

Artificial intelligence and machine learning

Artificial intelligence and machine learning have had widespread applications in the real estate industry. These two have played pivotal roles in driving personalization, for instance, in a mobile app that provides data delivery to individuals. Artificial intelligence and machine learning algorithms have also been used for their predictive abilities of future real estate metrics with up to 90% accuracy.

Augmented and virtual reality

Both augmented and virtual reality solutions have enabled prospective clients to take virtual tours of properties before making a final choice. It has eliminated the time, energy, and expenses associated with visiting multiple properties, some of which can be removed from the buyer’s property base of potential purchases via virtual viewing. 

These features are extremely useful in times of COVID-19.

Internet of Things

IoT features are amongst the technologies that have infiltrated the real estate market. Technology has been used to make real estate spaces smart and energy-efficient.

Data science

Nowadays, businesses are increasingly being data-driven. Big data collected on companies’ digital platforms have become a source of vital market insights. Players in the real estate industry have also used data science and analytics to optimize operations and make decisions that have long-term bearing on their businesses.


Chatbots have become a popular feature on most realtor’s platforms. These have emerged to be a handy tool in keeping potential customers engaged and informed.

Location-based service

Real estate agents are increasingly adopting location-based marketing. This tool has been found to result in higher conversation rates relative to its untargeted approach.

Blockchain and smart contracts

Blockchain is also amongst some of the technologies that are altering the real estate space. This technology is being used to secure crucial real estate documents such as title deeds and contracts due to its encryption abilities.

How much does it cost to build a real estate website or software?

Several aspects affect the pricing of a real estate website or software. These include the problem the tool is supposed to solve, workflows, project length, and size. The total cost is a combination of these aspects and can be as low as $20 000 to as high as $100 000.

Custom software for real estate

Wrap up

The real estate market has not been an exception to the technological tools that have taken center stage in most sectors. These have offered several benefits such as real-time information, better customer care, increased leads, and future market insights. Both real estate professionals and clients alike are increasingly becoming more reliant on artificial intelligence and machine learning; augmented and virtual reality; data science, IoT, and blockchain technologies for their daily engagements. There is absolutely no reason to wait. If you are in real estate, the time to adopt these high-end technologies is now.

Source: InApps.net

List of Keywords users find our article on Google:

real estate software development company
real estate software development services
custom real estate software development
lease administration software
real estate software development
custom real estate app
agile crm review
custom software development for real estate industry
real estate software companies
real estate software solutions
“zillow premier agent”
property inspection manager app
real estate success software
real estate software
custom real estate apps
real estate valuation jobs
commercial real estate agent jobs
custom real estate applications
real estate listing software
customer relationship management wikipedia
real estate listing management software
best lease administration software
real estate software development companies
property management inspection software
best home inspection software
property management software
custom real estate crm software development
software development services for real estate
business for sale under 50k
pivotal crm upgrade
wawa food market locations
real estate agent el segundo
real estate inspection software
property inspection software
how much does encryption software cost
custom real estate crm
real estate software company
agile crm vs hubspot
total management property management software
apptivo pricing
outsource customs brokerage services
hubspot custom properties
wawa real estate for sale
augmented data quality best practices
property inspection manager
streak crm
real estate software market
agilecrm pricing
pivotal crm software
commercial property management software
ecommerce product listing services
chatbot development company in usa
custom mobile app development company
custom real estate software
made in abyss wikipedia
real estate wikipedia
universal lead retrieval app
best software for real estate developers
hubspot trustpilot integration
hubspot properties
real estate software data conversion
crm jobs in real estate
hubspot contact properties
rets pro
real estate crm software development service
real estate platform software
best property inspection app for vacation managers
si homes sales & leasing process
property management inspection software web based
real estate software solution
avail software
real estate listings software
connect hubspot to linkedin
agile crm app
property agent ho chi minh city
home inspection software cost
apptiv app developers
outsource real estate marketing coordinators
zillow keywords
agile crm logo
best home inspection report software
el segundo realtors
how much is zillow premier agent
c# process.start
reliant home inspections
agile crm mobile app
tenant engagement software for landlords
virtual reality wikipedia
web based home inspection software
agile insights real estate
pivotal io
premier .net development company
zillow tech connect integrations
commercial real estate crm software reviews
social media marketing agency ho chi minh
hubspot crm whatsapp
real estate mls software development
ina bearing
hubspot fintech agency
mobile property inspection software
property management software review
real estate time tracking software
real estate project management software
property management apps
real estate management software
real estate crm’s
real estate time scheduling software
custom elearning
tenant management software
exchange software development company
digital inspection software
web design for estate agents
android app development services
lead generation software free
crm real estate services
“listing management tool”
zillow commerce ca
best real estate listing service software
zillow paramount
“property management company solutions”
hire idx design developer
real estate software data conversion experts
design software for real estate
integrated dna technologies linkedin
si property management
real estate school in el segundo
wikipedia conversion rate
real estate system customization experts
mls software development services
outsource custom brokerage software development services
real estate system customization
mvp management maintenance software
property for sale under 20k
agile crm vs hubspot crm
real estate developer software
pegas games
how to connect facebook leads to agile crm
best software for realtors
real estate classes in el segundo
streak vs hubspot
wawa delivery
agile crm linkedin
hubspot vs agile crm
lease administration software reviews
mainstream big data analytics tools
tandem property management
the common room project ho chi minh
contact properties hubspot
mainstream technologies
realty one group pros and cons
top shelf real estate
software solutions for real estate industry
connect facebook leads to agile crm
hubspot multiple associations
paramount lead solutions
real real estate listings
web based real estate software
appraisal wikipedia
custom property hubspot
real estate facebook post templates
apptivo crm review
apptivo features
apptivo review
deal properties hubspot
custom need
apptivo support
best real estate development software
commercial real estate broker el segundo
wawa real estate listings
commercial real estate agent el segundo
global property inspections
mls touch app
apptivo project management
decision making process wikipedia
property listing website software
facebook + agile crm integração
paramount software solutions
real estate software gap analysis expert
software solutions for real estate
wawa wraps
best real estate development company
commercial real estate for lease el segundo
el segundo commercial real estate for lease
intégration de facebook leads avec apptivo online crm
real property management pros
software development company for sale
abyss client
developing a point of sale system using c#
el segundo commercial real estate broker
intégration de facebook leads avec agile crm
what is the best home inspection software
avail real estate
commercial real estate for sale el segundo
el segundo commercial real estate for sale
how to connect hubspot to linkedin
real estate data
zillow home value estimates
how much do wawa employees make
paramount properties management
paramount property management
property inspection jobs
real estate app & software development
real estate property listing software
agile real estate development
property agent ho chi minh
zillow premier agent crm
best inspection software
glen head real estate
houses for rent ho chi minh city
software development for real estate
best property management inspection software
common inspection framework software
easy local cash software
outsource social media hospitality
paramount recruitment
real estate elementor template
real estate management software development
real estate software market share
real estate transaction coordinator example job description
c# virtual property
free agent crm
property agency ho chi minh
rets real estate
best free home inspection software
hubspot for real estate
premier agent app
realtor posts on facebook
trulia estimates
how much do custom brokers make
premier agent product updates
real estate crm software reviews
real estate design templates
agile real estate
el segundo commercial real estate agent
hubspot recruitment process
property base crm
software businesses for sale
best blockchain for real estate websites
custom real estate company
el segundo real estate for sale
hire hubspot app developer
hubspot real estate
property inspection software app
real estate chatbot template
real estate elementor
streak crm pricing
virtual property manager jobs
wawa benefits
apptivo crm
aspect customer care
crm streak
custom personalization solutions
real estate for sale pearce
virtual office ho chi minh
best real estate agents
cheap estate agent software
does wawa take cash app
ho chi minh property
hubspot ats
lead to lease software
outsource crm services for logistics industry
property inspection apps for android
property inspection business software
real estate company software
crm data quality management outsourced
free flow analysis software
best business to start under 20k
real estate development software
how to become a real estate agent
real estate data management software
crm outsourcing market
location-based virtual reality market
property investment management software
best local listing management software
recruitment crm software
hire virtual reality developers
recruitment crm systems
real estate crm software
best recruitment crm
flow analysis software
software implementation template
commercial real estate development process
best business to start with 50k
big data analytics success stories
chatbot conversation design
credit management outsource solutions
crm outsourcing
digital marketing for real estate
property maintenance software
real estate app development
saas encryption
crm system app
insurance agency software solutions
custom software developers
software making software
custom software development company
digital property management
virtual reality in real estate
learning management system features and benefits
custom software development services
blockchain app development services
virtual reality solutions
custom mobile app development services
e learning app development company
Rate this post
I am Tam, Founder & CEO of InApps Technology, ranked 1st in Vietnam and 5th in Southeast Asia in Application Development and Custom Software Development. We build a team with a people-centered culture that serves our customers with the WOW experience. I have helped hundreds of startups and brands to succeed with our robust technology solution. Besides, I have 5,000+ connections with C-Levels on LinkedIn and 10,000+ other professionals in communities. I hope to bring BIG VALUES to our right partners and customers. What I can help: – World-class software development service. – Building a dedicated talent team for only 30% of your local vendors’ cost. – Consulting tech startup solutions comprehensively and systematically. – Growth-hacking marketing solution. If you read here, don’t hesitate to contact me for further advice.

Let’s create the next big thing together!

Coming together is a beginning. Keeping together is progress. Working together is success.

Let’s talk

Get a custom Proposal

Please fill in your information and your need to get a suitable solution.

    You need to enter your email to download


      Success. Downloading...