How to Choose a Technology Vendor for Your CRE Firm
Commercial real estate has historically been a slow adaptor of technology, but that is quickly changing. Just 5 years ago, there were virtually no technologies available that were specific to the real estate industry. Fast forward to today and billions have been invested in developing innovative CRE tech. These technologies can remove or relieve some of the most common pain points for CRE firms, as well as save time on low-value tasks, drive efficiency, and help to scale the business.
So how do you choose the right technology for your CRE firm? How do you know who is a trusted partner for the long-haul and who will disappear after closing the sale? How can you sort through marketing hype and sales pitches to find the perfect partner? How do you know which vendor can meet the needs specific to commercial real estate?
These are the types of questions firms face when evaluating and choosing an investor management technology vendor. The success of your investor management solution endeavors can come down to choosing the right technology vendor – the one who can both help you deliver on your goals and enable you to minimize risk. But it’s not just about asking questions – it’s about asking the right questions.
With over 18 years of experience in the industry and working with our 600+ customers, we compiled a list of key questions to ask each potential partner. These answers will help you make a well-informed decision about choosing a commercial real estate technology vendor.
Download this free checklist to help you choose the right investor management software vendor for your commercial real estate firm!