Unlock the Real Estate SaaS Potential: a Comprehensive Guide
Real estate SaaS is rapidly changing the property management industry. On the one hand, it allows businesses of all sizes to access enterprise-level software without the huge upfront cost. On the other hand, it helps companies to streamline their workflows and get more done in less time.
Nowadays, SaaS helps real estate agents automate many manual tasks they have traditionally done for years, such as buying or selling a property. Automation saves businesses time and money by making the workflow more efficient and streamlined.
Currently, the real estate software market is growing rapidly and is expected to reach $13,29 bn in 2029 compared to $4,25 bn in 2021. The data proves that SaaS significantly impacts the real estate industry, and its role will only become more critical in the upcoming years.
If you don’t use corporate real estate SaaS products yet, now is the right time to start!
Investing in the property management SaaS
There are a few key factors to consider before investing in SaaS for real estate.
First, what challenges do you expect the software product to solve? If you decide to proceed with the investment, we recommend calculating the total cost of ownership (TCO). This includes the initial purchase price, maintenance, training, and ongoing support costs.
Second, it’s vital to think about the long-term scalability of the real estate SaaS platform. As your business grows, will it be able to handle an increasing volume of transactions and data? Will it run smoothly under heavy customer traffic? Make sure to choose a solution that can accommodate your future needs.
Third, don’t forget to factor in the intangibles. How easy is the software product to use? What’s the company’s reputation? How good is their customer support? Investing in the right solution is a big decision, so you want to be sure you choose a SaaS company for real estate you can trust.
Finally, you may need a completely customizable real estate SaaS solution or one that’s more off-the-shelf. Create a comprehensive software requirements list upfront to make an informed decision.
It is essential to find a solution that will help you streamline your business processes and make your team more efficient. With the bespoke software in place, you’ll have a bigger chance to unlock the full potential of your real estate business.
Want to create a custom SaaS product for real estate? Contact us today, and let’s discuss your project.
Best real estate SaaS companies
It can be tough to know where to start when looking for the right software development and product design company, but luckily, we’ve done all the hard work for you.
Based on our expertise in real estate development, we handpicked three real estate SaaS tech companies specializing in developing custom real estate solutions and three companies delivering proprietary real estate SaaS products. We also provided contact information, the price you should count on, and the team size of each company based on the data posted on Clutch, a B2B business review platform.
Each of these companies brings its own unique set of strengths to the table. So, it’s essential to find the one that best suits your needs. There’s no doubt you’ll be able to find the SaaS company for real estate that perfectly fits your business.
Without further ado, check out our list of the most popular real estate SaaS companies below and see how they can help you take your business to the next level.
Limeup
Headquarters: 152–160 City Road, London EC1V 2NX, United Kingdom
Key services: Product design, product development, user interface, and user experience design
Hourly rate: $50 – $99
Minimum project budget: $10,000
Team size: 30
Year founded: 2015
Phone: +447700182244
Email: [email protected]
At Limeup, we know real estate is a complex and ever-changing industry, so we take a comprehensive and customized approach to our development process. We work with our clients every step of the way to ensure that the end product meets their needs and goals.
Our team has 7+ years of experience developing real estate SaaS app solutions, healthcare platforms, fintech applications, edtech services, games, blockchain apps, and more.
We understand the complexities of the software development market and have the expertise to create real estate SaaS products that streamline our clients’ business processes and positively impact their KPIs.
Look at our recent projects below to learn more about our experience in SaaS for real estate development.
Developing a property management system for HousePro
HousePro, a US-based property management company, turned to Limeup to develop user-friendly software to digitize their property operations. We partnered with HousePro to create a document management system that addressed the challenges they faced due to handling a lot of data on physical storage media. This inefficiency has led to additional costs.
Our team started by gathering requirements and talking to employees about their expectations from the management system.
Our product design process included architecture design, mockups, and interactive prototypes for web and mobile apps. The Limeup full-stack team developed the front-end and back-end of the application as a part of our full-stack software development services.
As a result, we delivered the full-fledged real estate SaaS platform in 22 weeks. The client highly appreciated our professional work attitude and the top-quality product we created.
HousePro reported improving business efficiency by 95% shortly after using the property management system.
Property management system development by Limeup
Developing a real estate tokenization platform for Bloсkch.in
On behalf of Bloсkch.in, a German real estate company, we designed and developed tokenization web and mobile applications.
There’re a lot of talks about blockchain and how it will revolutionize the world. At Limeup, we’ve got an opportunity to work on a real estate tokenization app.
Real estate tokenization platform by Limeup
What is real estate tokenization?
It’s the process of taking a physical piece of property and turning it into a digital asset that can be traded on a blockchain. That’s what we built our real estate SaaS app solution for—to make it easier for people to trade property tokens.
The Limeup team undertook the entire development process, from product research to web and mobile development of real estate SaaS. We completed the project in 22 weeks and received highly positive feedback from the client.
Magora Systems
Headquarters: 56 Shoreditch High St, London, Essex, E1 6JJ, United Kingdom
Key services: web development, mobile development, MVP for startups
Hourly rate: $50 – $99
Minimum project budget: $10,000
Team size: 50 – 249
Year founded: 2000
Phone: +442071835820
Magora Systems is one of the best SaaS companies for real estate that works with startups and businesses of all sizes to develop innovative software products that solve real-world problems.
The Magora Systems team consists of experienced developers with a wealth of knowledge in custom product development. They use the latest technologies and tools to create bespoke software that meets the specific needs of their clients.
The company’s services include SaaS development for real estate, software solutions for transport and logistics, apps for healthcare and medicine, software for entertainment, sport, and communication, software platforms for education, marketing, and more.
Powercode
Headquarters: Tallis House, 2 Tallis Street, London, United Kingdom
Key services: web and mobile development, design, business analytics, legacy code modernization, QA
Hourly rate: $25 – $49
Minimum project budget: $10,000
Team size: 50 – 249
Year founded: 2015
Phone: +442045772044
Powercode specializes in creating custom software across various industries, from real estate to healthcare and retail. Their developers can help you with everything from desktop applications to mobile apps and SaaS products.
The Powercode team has a proven track record of delivering high-quality products that meet the specific needs of its clients.
If you’re looking for SaaS companies for real estate development, Powercode is worth considering.
SmartRent
Headquarters: 8665 E. Hartford Drive Scottsdale, AZ 85255, Suite 200, USA
Key services: enterprise smart home solutions for property managers and homeowners
Pricing: calculated individually for each client
Team size: 639
Year founded: 2017
Phone: +44167033 8119
SmartRent develops a real estate SaaS platform for house residents, managers, and construction firms. The platform is a suite of tools helping users manage their properties more efficiently. It gives property managers effortless visibility and control of all their communities’ belongings while providing extra profits through all-in-one smart home apps for house residents.
The SmartRent software product features include access control, access protection, parking management, smart apartment, and more.
If you need an off-the-shelf real estate SaaS solution with automation capabilities for property management, SmartRent will suit you well.
Qualia
Headquarters: 30 Sheridan St, San Francisco, California, 94103, United States
Key services: title and escrow software, closing services, online notarization, reconciliation
Pricing: calculated individually for each client
Number of employees: 199
Year founded: 2015
Phone: +18554415498
Qualia platform is designed to help users buy, sell, and borrow property more efficiently. It is built on cloud technology so you can access it anywhere and on any device.
Qualia provides solutions for mortgage lenders, SaaS real estate agents, title insurance underwriters, homeowners, sellers, and buyers. It allows users to close deals, remotely notarize transactions, and exchange data in a secure way.
If you are looking for a ready-made SaaS platform with a variety of features for real estate management, Qualia may be a good choice.
Robin (Powered)
Headquarters: 11 Farnsworth St, Boston, Massachusetts, 02210, United States
Key services: desk and room management, distance planning, workplace analytics, contact tracing
Pricing: depends on the subscription plan
Team size: 101 – 250
Year founded: 2014
Phone: +16179100454
Robin is a representative of real estate SaaS tech companies that provides an office space booking tool accessible through mobile, web, and tablet apps. If you’re a mobile user, you can take advantage of the added feature of iBeacon technology that runs in the background and automatically books your calendar when you enter a room. This ensures your team always has access to a real-time overview of who and what’s available.
Robin (Powered) software allows users to check available desks, see where team members sit, find out who is in the office at what time, and discover upcoming events at specific locations.
If you need workplace software for a hybrid team, Robin (Powered) may meet your needs.
What type of real estate SaaS product do you need?
As a CEO or founder, you know that a company’s success depends on different factors. One of the most important factors is having the right tools and technologies.
There are several types of real estate SaaS solutions in the market. Choose one that meets your needs, budget, and business growth plans to manage your business effectively.
Property management SaaS
Property management SaaS is designed to help property managers keep track of their properties, tenants, and finances. This software automates many tasks, such as rent collection and maintenance requests. It also allows property managers to track expenses and income, schedule repairs and maintenance, generate reports, find new tenants, and stay in touch with house residents.
The main benefit of using this software product is that it organizes and summarizes all the critical information in an easy-to-read format. This software product is a must-have for any company that owns or manages real estate.
Real estate CRM
This type of SaaS allows real estate agents to manage their clients, prospects, and leads. It helps real estate professionals to stay organized and keep track of their business by providing such features as
- contact database
- task management
- property search
- property details (photos, floor plans, and maps)
- lead tracking
- transaction management
- report generation.
Booking and reservation tools
Booking or reservation software is usually a real estate SaaS platform that allows property managers to manage reservations for their rental properties. It streamlines the booking process by providing a central location where renters can find information about the properties available for rent.
This software product can be a massive time-saver for property managers, eliminating the need to track bookings and reservations manually. It also helps managers keep track of their occupancy rates, which can be critical in maximizing profits.
Lead generation system
Lead generation is one of the most important aspects of any real estate SaaS company. A steady stream of leads can help agents and brokers fill their pipelines with potential buyers and sellers, which results in more sales and commissions.
Real estate lead generation software is a computer program that helps agents and brokers identify, track, and manage leads from potential home buyers and sellers. It collects data from various sources like social media and the web. The data is then organized into a user-friendly platform that makes it easy to find potential customers. Lead generation software typically includes features such as contact management, email marketing, lead capture forms, and more.
Lease administration software
Lease administration software products help SaaS companies for real estate manage their leases. They keep track of all the essential details related to leases, which helps save money and avoid legal trouble.
Common features of lease administration software products include the following:
- leasing process automation
- lease renewals and amendments tracking
- document storage
- collaboration space
- integration with other property management tools.
How to create a secure SaaS product for real estate
Security is one of the most important factors when creating a SaaS product. Real estate SaaS products must be incredibly secure and reliable since it deals with highly sensitive data such as users’ names, addresses, phone numbers, credit card numbers, etc.
Here are some tips to help you create a secure customer platform.
1. Have a comprehensive security plan. Your security plan should include measures for both preventing and responding to attacks.
2. Use strong passwords and multifactor authentication. Ensure your system does not allow easy passwords and verifies user identity by the “something you know, something you have, and something you are” principle.
3. Apply advanced encryption methods. Make sure your data is encrypted both in transit and at rest.
4. Implement a logging system. This will enable you to track user actions and detect malicious behaviors.
5. Use security protocols. Secure sockets layer (SSL) certificates and other security protocols will help establish trust between a web browser and your system’s server. This will ensure all data is exchanged securely and all transactions are secure.
6. Create backups and a disaster recovery plan. This will help you restore data and get your real estate SaaS platform up and running again in case of an incident.
7. Regularly update your software. Hackers constantly evolve their methods, so you must stay ahead of the curve by regularly updating your software and security measures.
8. Educate your team on security best practices. Ensure your team understands the importance of security and knows how to protect your company’s data.
By following these tips, you can create secure SaaS products for your real estate company that will keep your customers’ data safe and protected.
How to choose a SaaS company for real estate
There are a lot of popular real estate SaaS companies, but not every company is the right fit for your project. Here are a few things to consider when choosing a technology partner:
Solid experience. Pick a company that has experience working in the real estate design industry. The team members should know the ins and outs of the process and be able to guide you through it.
Technical сapability. The company should also have a solid technical team capable of coding, designing, and releasing your platform on time.
Customer focus. A potential real estate management SaaS company should work with you to understand your needs and business goals. They should also be responsive to feedback and ready to make changes based on customer reviews.
Value proposition. The tech company should provide value for your money and be worth the investment.
Legal contract. A good contract spells out the expectations and deliverables for both parties, ensuring there is no misunderstanding. If there is a dispute between you and your real estate SaaS company, a contract will help you resolve the conflict.
Looking for a real estate SaaS company?
Сontact us if you want to develop a real estate SaaS product. We are ready to discuss your project and help you out.
Limeup is a team of experienced developers, designers, QA engineers, marketers, and business analysts with a proven track record in delivering high-quality real estate SaaS solutions.
We have the technical expertise and know-how to navigate the ever-changing landscape of the real estate SaaS market. We’ll work with you every step of the way to ensure that your platform is tailored to your needs and business goals.
