Special offer

Everything you ever wanted to know about Real Estate Contact Management and CRM but did not know what to ask - is now available in an informative and easy-to-use Matrix.

By
Real Estate Technology with RE-ACT, LLC

After almost six months of research, interviews and design, the Matrix is ready! It started as a way for me to be able to answer all of your questions when you called to ask about the various features of each. After mentioning it to some people and hearing the interest it generated, I decided to make it available to the public, along with some of what I know on the subject, in the form of a glossary

The Matrix allows you to compare any of currently 29 products side-by-side, across 350 features/topics/categories. Equally as important as being able to compare the product features, there is a 15,000+ word glossary to which they link, which will teach you every capability in virtually all of the products available on the market today.

There were/are 40 Real Estate specific Contact Manager and CRM (Customer Relationship Management) solutions in all. Currently there are 29 products in the Matrix. I am affiliated with 22 of them as a reseller, and will soon be affiliated with the other seven as well. There are five more which have recently come onto the market which I am in the process of adding to the Matrix with which I am discussing affiliation. There are three in product development which will eventually be added. There are three that have gone out of business since I started. One of the 40 has opted not to participate in the Matrix, or to affiliate.

Gathering the data on each product started with a three to five hour GoToMeeting interview between myself and, in all but three cases, the CEO of the companies, to complete the initial raw Matrix. All the vendors now have 24/7 password protected access to the data in their product in order to edit it and keep it up to date. There is a field which contains the last date they revised the data.

Most products are targeted at North American residential resale agents. Some combine that with BPO's; REO's; Long Term Rentals; Short Term Rentals; International Sales; or Commercial Real Estate. Some are focused on marketing materials and light on CRM. Some are relatively simple, while some are seriously powerful. None of them are perfect, and none of them have it all, but some come pretty close, depending upon your needs.

The cost to do the comparisons and learn about what capabilities exist is $9.95 for access to all of it for one month.http://realestatecrmmatrix.garydavidhall.com/

This exercise has been an invaluable ongoing education, and is giving me a tremendous insight into the entire RE CRM industry. It is a pleasure getting to know the people behind the CRM's. Each and every CRM comes to the market with a different perspective about what is most important.

Other tools useful in helping with your search:

A History of Contact Management in Real Estate - Article

"...comprehensive, unbiased,........aspects of making a decision on CRM I never even thought of.........far and away the best article of it's kind I've ever seen on the Internet..."

OR

Considerations when choosing a Real Estate Contact Manager or CRM

A 60 minute Power Point Presentation by Gary David Hall

Prepared for the Real Estate Cyberspace Society's 2009 Cyber Convention

OR

Interview by The Lead Booster Club CEO Kathy Goughenour

Kathy interviews Gary for her membership for an hour, with a wide range of questions about

Real Estate Contact Management & CRM Productivity Software

When you're in the market - I am "The Real Estate CRM Broker! "

 

Sharon Alters
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL

Gary, do you have Wise Agent in there? If not, is it one of the ones you are adding or are they the one that does not want to affiliate?

Mar 12, 2009 03:31 AM
Gary David Hall
RE-ACT, LLC - Doylestown, PA
Real Estate CRM Sales, Training and Implementation

WiseAgent is in there. You can see all the ones that are in there by looking at the sample Matrix on the link provided on the page.

Mar 12, 2009 03:40 AM
Cathryn Jones
Assistants For Agents, LLC - Houston, TX

Gary -

Are online transaction management platforms included in your matrix?  With the change in Settlement Room pricing, many of my clients are "shopping" for a new online transaction management platform.  What I"m finding is few platforms have the same email messaging/log that Settlement Room has.

If you have a matrix for OTC platforms..I'd love to see it!

 

 

Apr 07, 2009 04:26 AM
Paul Zubrys
LakeRealtors.com - New Buffalo, MI
Southwest Michigan Real Estate since 1987

Gary,

Is there a CRM that is or can be automatically integrated with mls data and a web site's IDX or RETS feed?  Additionally, I would like to see some sophisticated lead nurturing that automatically send the client the appropriate follow up content based on the actions of that client.

I currently use Realtygenerator, a high end website / IDX solution, as it automates some of the basic follow up after a lead registers at our website and upon certain basic user actions, however, even at more than $1,500 per month, it does not have the ability to create sophisticated, rules based, automated follow up.

Ultimately, the CRM would be able to automatically, via API, import all new leads, regardless of their source, distribute those leads via rules created by the Admin, track the leads actions as they view listings, open emails, click on links, setup listing alerts, subscribe to newsletters, save favorite listings, request information, setup appointments, and then automaticallu follow up in specific ways based on the tracking info.

All thoughts, comments, and questions are encouraged.

Paul Zubrys, Associate Broker
Lake Living Realty Group

One Website. All the Listings!
www.thedailylistings.com

Feb 09, 2010 04:25 PM