For brokerages, navigating the complexities of real estate, sales, leases, compliance, and transactions can be a bit of a tricky process and, above all, overwhelming. While experiencing such a booming market for real estate, it is no surprise that a number of platforms have emerged that aim to tackle these complexities through a simplified solution. Brokerage management platforms specifically work towards creating a one-stop platform for all real estate needs, optimizing the entire experience of real estate. From streamlining transactions, managing documents, following compliance and regulation, getting accurate real estate data, and automating time-consuming processes, considering a brokerage management software might be in the best interest for your real estate brokerage.
By looking at this list of the 5 best brokerage management software that breaks down the key features and reasons to buy or avoid the software, you will be able to decide which software is the best for you:
Top 5 Best Brokerage Management Software
- Dotloop – Best Brokerage Management Software for High Rated Features
- Crexi – Best Brokerage Management Software for Marketplace Capability
- Brokermint – Best Brokerage Management Software for Seamless Automation
- CoStar – Best Brokerage Management Software for Integrated Market Data
- kvCore – Best Brokerage Management Software for CRM Attributes
1. Dotloop – Best Brokerage Management Software for High Rated Features
PRICING: The plan for agents starts at $31.99/month with a robust product offering. Custom pricing and plan solutions are available upon request for team memberships and brokers.
Dotloop is a strategic and empowering tool for real estate brokers, agents, and full teams. This platform allows for collaborating on documents, editing and signing forms through eSign, automating compliance, and organization for real estate brokerages through this top-tier transaction management software. With over 50% of all real estate transactions in the U.S. occurring on Dotloop, this software makes the list of best brokerage management software because it is highly rated on a number of its features and tools and offers customizable capabilities within the platform.
KEY FEATURES:
- Collaborative functions
- Editing and signing forms through eSign
- Transaction management
- Templates available and customization
- 98% retention rate
- Top-rated mobile app
REASONS TO BUY:
- Success coaching available
- Simple to learn and navigate the platform
- High ratings on a lot of features and tools
REASONS TO AVOID:
- The platform is not very user-friendly
- Customer support needs improvement
2. Crexi – Best Brokerage Management Software for Marketplace Capability
PRICING: Crexi offers a free plan, giving access to the entire real estate brokerage marketplace and organization capabilities. Paid upgrades are available in the Lease Pro, Sales Pro, and All Pro plans.
Crexi is an industry-leading commercial real estate platform with advanced technology to help manage and access listings. Crexi has a remarkable marketplace on the platform, with up-to-date listings for real estate professionals to access accurate information. The platform also enables buyers, tenants, and brokers in their transactions, streamlining these processes and keeping them organized. With millions of users on the software and over 500,000 commercial listings on the site, this platform makes the list of the best brokerage management software because of its exemplary marketplace function, accurate data and access to leads, and overall ease of use.
KEY FEATURES:
- Comprehensive marketplace and data platform
- Access to accurate data and analytics
- Streamlining real estate processes and enabling growth
- Millions of users with over 500,000 commercial listings
REASONS TO BUY:
- Incredible access to real estate leads
- Great customer service success managers
- Exposure to buyers and brokers
- Easy to use
- Great user interface
REASONS TO AVOID:
- Some irrelevant notifications
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3. Brokermint – Best Brokerage Management Software for Seamless Automation
PRICING: Pricing is not disclosed, however, Brokermint offers three different plans: Simple Start, Standard, and Enterprise.
Brokermint is a cloud-based consolidated solution for residential real estate which simplifies real estate transactions and streamlines procedures. Through efficient automation, this software helps to optimize the operations within a brokerage by eliminating the need for manual data entry, avoiding a mess of spreadsheets and documents. With an organized dashboard for locating information, the platform also allows for building customizable reports. What makes this solution a valuable addition to the list of best brokerage management software is its leading ability to automate significant processes of a real estate brokerage.
KEY FEATURES:
- Industry-leading transaction management
- Impressive automation capabilities
- Accounting
- Agent management
- Accurate reporting and analytics
- App integrations
REASONS TO BUY:
- Easy to use
- Useful pipeline feature
- One-stop shop for all transactions
REASONS TO AVOID:
- User interface needs improvement
- Communications systems are lacking
4. CoStar – Best Brokerage Management Software for Integrated Market Data
PRICING: While there is no formal starting price provided, there is the possibility to ask for a custom quote. Typically prices for this software are noticeably higher, however, they do offer a free trial.
CoStar is a cloud-based platform that acts as a one-stop shop for all brokerage management purposes. The solution provides access to accurate real estate market data and is efficient in streamlining transactions, automating processes, and running reports. The software is ideal as a tool for market research, sharing information for attractive deals, insight on leads, or understanding how to price a listing. Following all brokerage compliance standards, CoStar makes for one of the best brokerage management software in its ability to be a solution that provides useful integrated marketing data that is superior to competitors.
KEY FEATURES:
- Accurate real estate and lease market data
- Accounts Payable, Financial Management, and Commercial Property Management Software
- Rent tracking and Rental Property Management Software
- Automation capabilities
- Ideal for retailers, restaurants, corporate real estate departments, and service providers
REASONS TO BUY:
- Immediate and accurate leasing information
- Integrated market data
- Helpful customer service
- Free trial
REASONS TO AVOID:
- High price
- Complexity – many tools to learn
5. kvCore – Best Brokerage Management Software for CRM Attributes
PRICING: There is no pricing information available, however, kvCore offers solutions for Enterprise, Brokerages, Teams, and Agents.
kvCore is an industry=leading real estate platform that supports management functions for the modern brokerage. This solution provides accurate leads and robust real estate data, all of which can be accessible on customizable websites. The platform also has a Smart CRM tool that enables the platform to include social media marketing functions, optimize real estate procedures, eliminating time-consuming tasks, and automated alerts when optimal lead times present themselves. This brokerage solution makes the list of best brokerage management software in its ability to include CRM tools and enhancements.
KEY FEATURES:
- Comprehensive real estate platform
- Robust lead generation
- Customizable websites
- Smart CRM function for automation alerts
REASONS TO BUY:
- Easy and seamless to use
- Many tutorials available for learning
- Nice interface
- Great mobile app
REASONS TO AVOID:
- The platform has a slight learning curve with some tools
- The algorithm needs improvement
- It comes at a higher price point for individual plans
References and Links
- https://www.g2.com/categories/brokerage-management
- https://www.dotloop.com
- https://www.g2.com/products/dotloop/reviews
- https://www.crexi.com
- https://www.g2.com/products/crexi/reviews
- https://brokermint.com
- https://www.g2.com/products/brokermint/reviews
- https://www.costar.com/home
- https://www.insiderealestate.com/kvcore
- https://www.g2.com/products/kvcore/reviews
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