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Reality Space https://www.realtyspace.ca/blog Wed, 06 Nov 2019 13:37:25 +0000 en-US hourly 1 https://wordpress.org/?v=4.8.24 What is Real Estate CRM and how it can be useful https://www.realtyspace.ca/blog/what-is-real-estate-crm-and-how-it-can-be-useful/ https://www.realtyspace.ca/blog/what-is-real-estate-crm-and-how-it-can-be-useful/#respond Wed, 06 Nov 2019 13:37:25 +0000 https://www.realtyspace.ca/blog/?p=52 Though CRM stands for customer relationship management, it can mean different things. For some agents it is a software designed to manage clients and for others it is a business philosophy. Plus, some others see it as a software system to collect, strategize, nurture, and convert contacts into long lasting clients.

Choosing the right CRM for realtors can be a little daunting since there are multiple options available including one-size-fits-all solutions. Different CRMs suit different business requirements; therefore, you must understand your business’s goals and needs to find the right CRM.

How Does CRM Work?

It is a software that manages a company’s relationships and interactions with both existing and potential customers. CRM software improves the customer relationship by tracking leads, dealing with customers and streamlining procedures. In fact, the complete goal is to expand sales by enhancing business relationships.

Managing strong customer relationships is important, but with numerous customer touch points it is challenging to keep a track of all details of every interaction. This is what a CRM tool fixes as it stores all customer information, analytics and interactions inside a central database that you can access anytime, anywhere.

How Can CRM Be Useful?

  • Maintaining many individual databases for lead creation is time consuming and very inefficient. A CRM arranges lots of information in one place that makes it easy to access and simple.
  • It allows you to provide instant responses which is a vital aspect of a successful conversion. Most real estate CRMs include a customized auto-response option that allows you to offer an immediate response to the audience.
  • The best CRM allows you to personalize and customize your platformto your business needs. It will help you grow your business quicker and easier.
  • Some agents believe that the goal of a real estate CRM is to cultivate and manage new prospects. However, the prime perk is that it also keeps you engaged with your existing clients for better retention and referrals.

With Realty Space, you can effectively manage your leads to increase customer satisfaction and expand your customer base.

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Steps to choose the best CRM software for Real Estate Agents https://www.realtyspace.ca/blog/steps-to-choose-the-best-crm-software-for-real-estate-agents/ https://www.realtyspace.ca/blog/steps-to-choose-the-best-crm-software-for-real-estate-agents/#respond Wed, 06 Nov 2019 13:34:04 +0000 https://www.realtyspace.ca/blog/?p=49 CRM is an abbreviation for customer relationship management. It is a technique, tool, procedure, or strategy that assists businesses to better manage and organize customer data. With changes in technology, old handwritten notes are now replaced by digital technology. CRMshave become databases and have evolved into something quite complex.

Managing your business’s relationships and connecting with your customers can be challenging. In order to stay ahead of your competitors, you need a trustworthy CRM software.

Importance of CRM Software

  • As customer relationship management tools have become a vital tool for businesses of all types and sizes, you need to understand how to use it. They are very important if you are planning to expand your business and create better leads. Creating effective leads is significant for business growth and development in the Real Estate market.
  • Whether you are an agent or investor, finding the best CRM for real estate agents can be a great asset for lead generation. The better your leads management, the more likely you are to increase your sales revenue.

Select the Best CRM Software for Real Estate Agents

It is important to choose the right CRM platform for your business. Take a closer look at all the factors to consider how different platforms perform. Follow these steps to choose the best CRM software for Real Estate Agents:

  • The best available CRM software for real estate agents will offer a wide range of different services and functions. You need to know exactly what you are looking for and what to expect. They are not always one-size-fits-all solutions, which is why it is beneficial to identify your objectives. Be more specific with your goals and then make your decision.
  • Consider the size of your team and company before securing the CRM software. If you have a small team then implementing will be simple and won’t take much time. However, for big groups of agents, it may take a little more time and effort.

If you’re looking for the best CRM platform, then Reality Space is the leading platform as we are the new generation CRM for real estate agents.

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How is CRM App Useful in Shaping Your Business? https://www.realtyspace.ca/blog/how-is-crm-app-useful-in-shaping-your-business/ https://www.realtyspace.ca/blog/how-is-crm-app-useful-in-shaping-your-business/#respond Thu, 29 Aug 2019 08:51:37 +0000 https://www.realtyspace.ca/blog/?p=44 The growth of any business completely depends on its success and it lies on your business planning and performance. CRM Application is one of the most cost effective internet based tools that help small to large businesses to manage, automate, and orchestrate every aspect of customer communication. In today’s competitive market, it is quite important for businesses to use CRM App to boost the productivity and efficiency. It is mainly quite helpful in improving the customer relationship. From keeping record of customer contact information to determining their activities and behavior, this application allows entrepreneurs to shape their businesses effectively, giving them a winning edge over their competitors.

With our application “CRM for Realtors” you can access the stored customer information quite easily that increases the efficiency and effectiveness of your business. It makes business operation fast. For example, if you want to track any particular transaction of last month, then you don’t need to search each and every file individually as CRM application will retrieve the same data in few clicks. In this way, you not just get your desired file without any trouble, but also save a lot of time in searching the same. Today when time management has become an essential part in the success of any business, CRM App is the need of the hour.

From lead generation reports to the record of each employee, it helps you to make and track the all kinds of reports quite quickly. It provides your clear and comprehensive picture of your sales and existing customers. It builds a centralized database which you can share with all the concerned departments and staff as per your requirements. It is undoubtedly one of the best administrative support tools. So shape your business with CRM application and make your customer database effectively!

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Things to Consider Before Choosing Best CRM for Realtors https://www.realtyspace.ca/blog/things-to-consider-before-choosing-best-crm-for-realtors/ https://www.realtyspace.ca/blog/things-to-consider-before-choosing-best-crm-for-realtors/#respond Wed, 24 Jul 2019 12:25:49 +0000 http://blog.realtyspace.ca/?p=30 CRM (Customer Relationship Management) is an invaluable tool (software) that enables businesses to manage multiple relationships and also helps in tracking the leads of throughout sales processes. It is one of the important contact and communication tools for realtors that mainly help them to convert new leads into their clients. For an effective sales pitch, it is highly essential for realtors to collect data of potential customers through various online sources like social networking sites, email, and website visitors. Today when time is money therefore you can’t waste your precious time in convincing such leads that fall through the cracks. That’s why realtors mainly use an effective CRM system to manage their leads.

Yes, it is true that people initially experience certain issues in using any new software or tool but after sometime of use, they become familiar with the software and start getting the most out of it. CRM for realtors is one such software that makes life easy and convenient for users once it ups and running. With accessing and managing new leads promptly, CRM allows you to turn maximum leads into customers keeping you and customers in loop to share all necessary details time to time. As it is highly beneficial for real estate sectors therefore choosing the best CRM for Real Estate Agents is quite important for realtors. Always keep the following things in mind before choosing CRM for realtors:

  • Firstly you need to decide and determine as how much level of productivity it can bring to your business. You need to look whether the software can reduce your headache of remembering all leads and also save time by tracking and managing the same.
  • Second factor that you need to look for is the cost. There are different types of CRM available in the market ranging from affordable to expensive therefore you need to determine your budget and requirement before choosing any particular.
  • Thirdly, choose CRM solution that allows you to import or export your database base quickly and that too with ease. It should give you full control on your data enabling you to import the same in other CRM without any issue.
  • Last but not the least is to see how simply and reasonable the CRM software is to setup and start using it. Ensure the software easy to handle and you don’t need the help of specialists and accredited experts to use the same.

So no matter whether you are running a new real estate venture individually or looking to take your small business to bigger stage, you need the best CRM for giving right direction to your business!

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How to get more Business using CRM for realtors https://www.realtyspace.ca/blog/how-to-get-more-business-using-crm-for-realtors/ https://www.realtyspace.ca/blog/how-to-get-more-business-using-crm-for-realtors/#respond Wed, 24 Jul 2019 12:19:31 +0000 http://blog.realtyspace.ca/?p=27 Success of any business completely depends on how well you can develop and execute innovative techniques and strategies. Four to five people sitting in an office can’t manage all the administrative works. They need to have a system which can store all the important information, useful in the progress of the business. Tracking and managing all important tasks is very important for the success of any business in today’s competitive market. Among various business sectors, real estate is one of the most competitive and prominent industries due to its dynamic nature. The significant augmentation of this sector can be attributed to the increase in property’s demand.

To manage and stand on the rising demands of this industry, realtors need to spend to developing better management system. In a view to manage their customers effectively, realtors use CRM software that helps them to provide good customer support and complete satisfaction. In today’s competitive market, CRM software is the need of the hour as it helps developers and builders to organize their businesses effectively, ensuring promising results.

You may use computers at offices for various works as well as to store all the important data but without innovative software, a computer cannot help you in long way. Software like CRM for realtors not just helps you in keeping all financial records in order, but also retrieves all the important information in a single click of the mouse. Realtors can simply manage their database system effectively with this software.

Realtors can keep a track of their customers and convert any potential leads into the sales. Real estate CRM also improves communication with the customers, providing them all the valuable updates time to time. In short, it simply boosts customer satisfaction and retention. From managing payment receipts to material listings, the software works effectively in organizing all real estate projects, enhancing the efficiency.

With this software, you can easily search real time property and also manage inventory and maintaining vendor database with ease. Besides in helping to take right decisions, it provides your business a winning edge on their competitors. So run your real estate business with CRM software and save your time & money in managing vendor database and customer satisfaction!

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What Customers Want From Their Real Estate Agent https://www.realtyspace.ca/blog/what-customers-want-from-their-real-estate-agent/ Tue, 24 Oct 2017 17:14:36 +0000 http://blog.realtyspace.ca/?p=19 It is common knowledge that there are so many realtors currently selling or buying homes, which is why there is always a race to be the best in the game so that the client who is in need of a service will choose the better realtor or real estate agent. Just like any other “client to agent” relationship, the client is always looking for a relationship that can be trusted, the client wants to ensure that he/she is not being cheated by the agent. This is one of the reasons why clients often choose a realtor recommended by someone they personally know, or better, trust. The Internet and social media, in particular, have in a sense revolutionized the estate business and in a good, beneficial way too. That being said, whatever the approach to buying or selling may be, the client is always looking for the best deal that they can get. Let’s take a look at some of the things that make a particular realtor efficient and the qualities that make him the best in the business:

  1. The Realtor Should Be Relevant and Qualified:

This is perhaps the most important quality that clients look for in a realtor, the realtor MUST be qualified and have an intermediate level of knowledge and education about the market, the property and other adjoining factors. Furthermore, a realtor should also have knowledge about the environment around the property, such as the neighborhood, schools, clinics, hospitals, emergency services, just to name a few. These details DO and WILL matter and should not be ignored. Details such as education, brokerage and license, employment history and other similar details should be categorically and chronologically listed in the about section of the realtor’s contact page.

  1. Honesty

Honesty is the also one of the most important traits an agent should have. Not many clients these days have knowledge about it but it is a fact that agents and realtors are required by law to be honest with their clients – National Association of Realtors® Code of Ethics has made it clear that it is absolutely necessary for a realtor or an agent to be honest with their clients and not trick them to their own advantage or personal gain. Clients do not want false promises from their realtors, they also do not want any property defects hidden from them at the time of negotiations.

  1. Use of Technology

One of the greater ways how technology has innovated the estate business is that it allows a greater degree of communication between agents and their clients. It has also made it a lot easier for agents to advertise their listings on the web or through an app, something that couldn’t be done almost two decades ago. Clients want a realtor who uses technology to not only his but also to the client’s advantage in terms of ease of access. A good agent is attentive. Smartphones have made it easier for people to send and receive texts, emails and voice messages, that is why it is expected that the realtor will respond to any queries as soon as possible.

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5 Tips of Excellent Real Estate Customer Service https://www.realtyspace.ca/blog/5-tips-of-excellent-real-estate-customer-service/ Tue, 24 Oct 2017 12:02:42 +0000 http://blog.realtyspace.ca/?p=1 No matter the field, no matter the business, customer service is one of the most vital things to pay attention to. You can invest millions in your business to make it grow, spend even more on presentation and marketing, but if your customer service is weak, there is a possibility of losing the customer. Because it is the point where the customer is directly interacting with you, this is where they will have a direct peak into what you are and what you offer. In Real Estate, serving the customer the right way is even more important since it is a big step for the customer to purchase a property making it essential for you to make them feel welcome, important and comfortable. Here are 5 tips for excellent real estate customer service:

Response Times:

When the customer has decided to reach you for whatever purpose, the test has begun. You will need to respond quickly and make them feel at home. This is the age of the internet, and everything is happening at super speeds, your response needs to be at this pace.

Understanding:

The simplest thing you can do in this regard is put yourself in their shoes, be empathetic, be understanding. Know their concerns, worries and where they’re coming from. Anticipate what they’ll say, what they’ll need and be prepared for it.

Share Information:

You should share as much information as you can. Give the client all the information they need, make sure you are communicating clearly and making a good impression. Spend time formulating your response, think about how you can make it better and exceed beyond what the customer is expecting. Keep your tone friendly yet professional, and share all that you can given the circumstances.

Effort:

Make the customer feel special and wanted as they have come to you for a reason. Make them stay, make them feel that they are special. Going the extra mile for your customer will ensure loyalty down the road. They will think about the great reception that they are getting from your side, they will think how you made sure to see to their needs and wants regarding their queries. This is where anticipation comes in, anticipate their questions and prepare beforehand, get some more information relevant to the client’s query and pass it on to them.

Stay ahead of the game:

The only way you can improve your customer service, is to stay one step ahead of the game. Find out what are the best practices going on in the real estate customer services industry and other service-intensive industries. This will let you know where you stand and how much you need to improve. In addition to that, you can set yourself out from the competition and rise as a separate entity.

These are updated practices in the industry currently, and will allow you to take your customer to the next level.

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