Just as the name suggests, a real estate front office software is used by people (mostly professionals) for handling matters related to real estate. According to National Association of Realtors, real estate professionals who use real estate front office software as an active part of their business, on average, earn $74,000 more per year compared to realtors who do not. Now that is lot of money!
Armed with a good real estate front office software, a realtor can have his or her listings organized and ordered, have access to the most current real estate contracts, and even checklists for new homeowners. This way, a realtor can serve his or her clients in a more professional and efficient way.
For realtors who have a huge clientele, having a real estate front office software is almost a must, as real estate front office software have tremendous capabilities. They can keep track of leases, abstracts, payments and so forth. Many real estate front office software even allow users to do online queries. For example, if a user needs to know how many leases, say in New York between 2,000 and 7,000 sq.ft are expiring in the next 5 years, he or she could find out within seconds by using a real estate front office software.
Real estate front office software are used by corporate executives too, nowadays. Corporate real estate departments around the world are undergoing some rapid transformation. Due to corporate downsizing, shifts in space utilization patterns and the realization that there are higher and better uses for certain assets, more and more corporate executives are using real estate front office software.
There are several real estate front office software in the market and they all basically perform the same functions. However, quite unfortunately, there is not a set standard for the industry in which a software company such as Microsoft can take the best elements of several real estate front office software products and combine them into one integrated package.
Regardless of this minor problem, real estate front office software are still a great boon for the real estate industry. By their amazing capabilities real estate front office software can surely help realtors and corporate real estate executives in doing their jobs the best way they can.