Real Estate Management Software and The Features it Provides

Real Estate Management ERP Software

Real estate is a vast industry with a wide market offering various services. Statistics show that real estate has grown in the last few decades and has become one of the most major contributors to the global economy. The market owes this boost to advanced technology, sustainable living plans and digitalization of property management.  According to the market statistics The Real Estate market worldwide is expected to reach a staggering value of US$634.90tn by 2024 and looking ahead, it is anticipated to grow at an annual rate of 2.77% (CAGR 2024-2029), resulting in a market volume of US$727.80tn by 2029. These high figures show that real estate has become a massive industry, and so it is not difficult to comprehend that this market includes various large scale and small scale operations that have to be managed effectively to ensure that the industry continues to flourish.  Thus, to handle and manage a massive industry like this one, businesses can’t rely wholly on human labor or outdated systems. To ensure optimized workflow they need real estate management software. 

Features of Real Estate Management Software

Project and Phase Divisions

Real Estate Management Softwares enable users to define various projects and phases that the company deals in with details like project costs and sales recorded separately.  

Flats/Shops/Plots Inventory

Users can easily create and manage an inventory of plots, shops, or flats based on specific parameters such as floor, block, or phase. The system allows customization using measurements like square feet, yards, or marlas during the phase definition process.

Booking Applications

Softwares like Enter Resource Planning (ERP) in real estate business can provide facilities like booking applications which allow booking token and information, installment plans and show status for booking confirmations. 

Development Cost & Contracts

These softwares allow to charge systematic development costs for various phases and projects and generate strategic and comprehensive builders contracts to allow effective and efficient operations. 

Purchase Installments Plan & Payments

Sales module, one of the major modules provided in the software, allows payment methods and procedures for different purchases the business makes, to plan smooth transactions ahead of time.   

Integrated Accounting Module

Integration of accounting and finance with the software allows automated process and reporting of the transactions and sales. There is no need to enter data time and again. The automated operations make accounting related tasks hassle free for the employees as well as the department heads

Complete Inventory

The system efficiently manages the entire inventory, automatically generating entries for properties of various sizes, whether they are plazas or housing schemes. This ensures streamlined and accurate inventory tracking for all real estate projects.

Robust Reporting

Real estate management software is the most reliable source to keep an active eye on your business and stay updated due to its ability to show real time data.   

Always On Cloud

This cloud-based feature allows you to manage and overlook your business from anywhere in the world. It also makes it open-source, which means various departments within the company can access data from it without any hassle, allowing seamless workflow overall. 

Boost to Your Real Estate Business with Corbis Soft

Being part of such a massive industry and extremely competitive market, you have to make sure that you have a competitive advantage over other businesses in your field.    Corbis Soft will allow you to win over clients and enjoy various perks and benefits with its ERP software for real estate business. Get our services and see a boost in your business like never before!