What are the most effective proptech tools to close deals quickly?

I've used RealNex as my CRM since 2002 and never looked back. A CRM is only as effective as the user. The more relentless you are at adding contacts, properties, scheduling events, recording histories, and utilizing the searchable fields to narrow down big data to bite size data, the more money you'll make and the more beneficial you'll be to your customers. If a customer wanted to buy multifamily in the northern half of Florida, built after 1980, 100+ units, conventional housing, Rank B or better, that hasn't sold or refinanced in the last 24 months, I can tell my CRM to narrow down 2,045 assets to the exact 84 properties that match that criteria. That's how you use proptech at the next level!

Virtual tours with matterport softwares are really good, can visualize how the home looks. Sometimes it becomes difficult to tell condition of property with pictures, google earth gives better overview of outside. You can tell if the bushes/ trees are trimmed. I use a combination of google earth, google maps for seeing the neighborhood of the property.

Virtual tours whether pre recorded or live are a real gift to see a property’s true condition. Pictures and video are helpful but live video allows you to look under an area and get your questions answered. You want a feel for the property. Before making a purchase a live on site still is crucial but a live virtual tour can help you narrow down!

I think virtual tour really help to get to know a property, way above pictures, with a good description, but the physical actual visit it's currently irreplaceable. Precise measurements, textures, the journey and the "feeling" of the spaces with the technology now at our hands I believe is currently irreplaceable for the moment.

In the Indian proptech landscape, the most effective tools for closing deals quickly include virtual reality (VR) tours, artificial intelligence (AI)-powered customer relationship management (CRM) systems, and online transaction platforms. VR tours offer immersive property experiences, enhancing decision-making without physical site visits. AI-driven CRMs optimize lead management and personalize client interactions, speeding up the sales cycle. Online transaction platforms streamline paperwork and legal processes, enabling faster deal closures. These tools collectively enhance efficiency, transparency, and client engagement, vital for the fast-paced Indian real estate market.

One such software you may look to use is propGOTO. Sales CRM, Lead Management, Client Management, Property Management, Communication Management, Business Analytics, Custom Reports and more. By using a CRM, you can improve your customer service, loyalty, and retention, as well as increase your conversion and closure rates. Note: propGOTO extends beyond just a CRM solution; it offers a comprehensive suite of tools designed for property businesses aiming to scale. I recommend propGOTO not merely because we offer it, but because it comprehensively covers 360-degree property operations. Feel free to reach out if you have any questions. I can help you through your selection process.

Data analytics and automated location intelligence analytics can accelerate the following in your real estate acquisitions and development processes dramatically. 1.Macro Target Market identification 2.Initial market screening after deal sourcing 3.In-depth location analysis for decision making 4.renct comps analysis 5.investment committee presentations 6.LP investors pitch before and after deal closing

Machine learning, if used correctly, is a very effective tool to build a forecasting model with. Forecast median rent by selecting the factors that are highly correlated with rent growth.