The Future of Real Estate: 6 Innovative Tools You Need to Know
By Sam Nguyen
Are you into the real estate business? If yes, you must be knowing that there are plenty of tools in the market that can help you navigate through such tasks. But wait a minute? Which ones are right for you, and which ones are not?
Obviously, you can’t use every tool that is just out there. And that is why we have categorized the important ones into three categories, namely real estate tools, administrative and productive tools, and real estate marketing tools. Keep reading to find out more.
Real Estate Tools
Renting, buying, or selling properties is streamlined thanks to digital innovations in the real estate sector. Among these, real estate photography significantly enhances listings, contributing to the industry’s transformation. Here are some key tools driving this change
Baselane
Baselane is an automated rent collection tool made for independent landlords. You don’t have to worry anymore about managing your banking, analytics, bookkeeping, and rent collection with different tools. Baselane is an integrated and automated solution built for managing all these tasks under one roof.
You can make informed data-driven decisions and experience better rental property returns. Baselane offers a high-yield interest rate to grow your savings. It also has the feature of automated rent property performance metrics so that you can make the best investment decisions. It is not wrong to say that Baselane is a one-stop solution for all your property banking and finances.
WiredScore
The next on the list of real estate tools is Wired Score. It is based on the idea that “All buildings can be and will be better connected”. It establishes the connection between digital connectivity and smart technology in offices as well as homes on a global scale. More than 7 million people have certified buildings under Wired Score. It has over 4000 buildings around the world that are certified.
It helps assess the digital infrastructure and future readiness of the buildings with a refined digital lens. The tool is not just limited to measuring the face value of the building’s technology but also takes measures to better connect those living and working within the building itself for a seamless future transition.
Administration and productivity tools
A real estate agent has to manage numerous tasks in a day. So, to juggle multiple tasks with elegance, here are some administration and productivity tools.
Keeper
Every year, you have to file the tax. And “Keeper” is there to let you monitor your expenses in real-time to keep everything in check. This is a feasible option for individuals like freelancers, Airbnb hosts, real estate agents, and people with a 1099 income.
You have to link “Keeper” to your bank. It will then identify everything that you might have missed in the form of write-offs. It will assign a bookkeeper for your account. This bookkeeper will keep your files in order and will avoid the thing that you dread the most – IRS audits. So, as soon as the tax season arrives, file your taxes with a tool called Keeper and stop overpaying them.
DocuSign
Signing the agreements plays an important role in your business transactions. If you expedite the process of transactions and signing agreements, it can save a lot of your time. DocuSign is a tool providing electronic signature service that eliminates paperwork and makes your work easy with a digital platform. You can electronically sign and share the documents, making the transactions more efficient.
All you have to do is create real estate agreements, forms, and important contracts and send them through DocuSign. Let your clients and partners know that you have performed your part, and now they can sign the documents without having the need to print anything. You can collaborate with your legal team with this one single platform, ensuring a positive experience for everyone.
Real estate marketing tools
You have managed the rent collection, bookkeeping, and administrative tasks well. Now, it is time to market your property. Let’s find out some tools for the same.
Canva
There is no denying the fact that visuals have a significant part in drawing the attention of the people. If you think that you have to create graphics all from scratch, fear not. Canva is here to create stunning collateral, charts, infographics, and prints in no time without compromising on the looks of the final product.
The user interface of Canva has innumerable templates that you can use to create flyer ads, business cards, and the graphics you want. It also allows you to save the templates so that you can reuse them in the future.
Hootsuite
Hootsuite is the social media management platform that lets you attract new leads and thereby expand your business. You can schedule your posts, interact with your followers, share content, and analyze your social media performance.
You can promote your listings effectively by staying active on social media platforms. And Hootsuite offers a feature through which you can gain in-depth data about your target audience and engagement levels.
Final Words
Running a successful real estate business is not as easy as pie. It’s important to leverage technological innovations and streamline your workflows to manage properties effectively. So, use the right tool and deliver the best experience to your clients.
