History of the real estate industry

The real estate industry marks its origin back in the early 1900s when the world was yet evolving and learning its ways. Ever since its origin the real estate industry has been struggling and fighting for its existence, making it crucial to adopt some out-of-the-box trends to remain in the competition.
However, it has not been an easy journey, but the industry made its breakthrough as technology evolved, by adopting the latest technology available at its disposal.

Where is it standing now?

At present the real industry is marking its territory in the world by adopting advanced cloud-based technologies and offering customers better and enhanced services. Implementation of advanced technology has made it possible for the real estate industry to give other sectors tough competition and is excelling, and making progress.

During the pandemic when the entire world came to a halt, real estate like other sectors did face certain challenges but overcame those by adopting these cloud-based property management software tools, that don’t even require the customer to physically visit the property.

Involvement of advanced technology

Throughout the advancement of technology, there have been various attempts to include leading technology for benefiting real estate and other industries. Introducing property management software is considered the revolution that helped the real estate industry to transform its offerings.
Here are a few benefits of using property management software that helps the real estate industry:
  • Time-saving
  • Innovative solutions
  • Better customer services
  • Reduced paperwork
  • Quick solutions
There are various solution providers present in the market offering these solutions, but not all are effective. Some offer these solutions but are not cost-effective and are tricky to handle, complex to understand, and require different software for different functions of managing a property.

Effective solutions available

RealForce is a cloud-based property management software offered by Rialtes as their in-house solution developed using the Salesforce CRM technologies integrated with data analytics for better results.

It is regarded as one of the software that can provide all the aspects of property management under one single roof. It caters to different segments of property management such as:
  • Property Accounting
  • Property Marketing
  • Property Operations
  • Business Intelligence
  • Integration APIs
These aspects are catered to by RealForce which offers solutions for each of these segments. It consists of:
  • Asset management
  • Accounting software for real estate
  • Real estate CRM
  • Digital payment portal
  • Designated resident portal
  • Integrated intelligent chatbots
  • Data Analytics
  • Smart agreements
  • E-signs
  • Email and chat integration
  • Remote accessibility
  • Compatibility with all devices
All these features and a few others make RealForce the future of the real estate industry as it solves all the problems and overcomes the challenges in one platform itself.
Additionally, the platform is easy to use and understand by not-so-technically sound property managers and property management firms. Further, it reduces paper documentation to a minimum and makes it suitable for property managers to use, ditching the conventional ledger reports.

How can technology and leaders make a difference?

Globally, technology leaders are gathering and brainstorming, presenting solutions, and updates for overcoming the challenges existing in a particular field or industry. For the real estate industry, the industry leaders and technology giants meet together for showcasing their solutions, capabilities, and offerings for making the industry a better place.
In the coming month of June, from 13th to 15th June, the Real COMM conference is going to take place in Las Vegas. At this conference, property management firms and solution providers from all over the world will gather around and present their solutions, needs, and expectations from the industry.

Rialtes is proud to be a part of this conference and will be exhibiting RealForce the in-house cloud-based property management software developed with Salesforce CRM and data analytics capability.

If you are visiting the event from 13th-15th June in Las Vegas, meet the Rialtes experts at our booth #1129, and discuss the future of real estate with Rialtes.

Concluding

Advanced technology is making a great contribution to developing the real estate industry and transforming customer services greatly. Rialtes is offering RealForce an all-in-one solution for all your property management needs, making property management an easy job for organizations.

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