I have utilized Point2Agent real estate websites for about 3 years on two different sites, one for Lake Lanier Real Estate and a new one for Gulf Shores Real Estate. Both of those sites started out as the basic free point2agent site and have become very successful. It is easy to use, there are online tutorials, online help, really nice display of listings, listings can be handshaked with other point2agent sites (your listings on their sites with their contact information and their listings showing on your site with your contact information), and your listings can be syndicated to about 7 national real estate related sites where you are the contact with the check of a box. Additionaly, your listings show up on point2agents sister site point2homes with your contact information and there is a back office where you can manage online prospects and an automated Drip E-mail system ready for you to activate. Oh, and don't forget the yahoo maps and google earth links for your listings and the handshake listings displayed on your site. Oh, even more, when you enter your listings for the website, you have instant listing brochures in .pdf format ready to e-mail to clients and agents, downlioad from the website listing for visitors, or print for other agents mailboxes and your flyer boxes. One more - you can provide your sellers a login to their listing and they can see the notes you have typed in as to what you have done marketing wise and a graph of webtraffic to their home showing vists from your site, handshake sites, and syndicated sites.
I have been recommending these sites to friends for quite a while and simply fill in about six pieces of information, click submit, and they are in business. If you want to pass one along to your friend so you can handshake listings, you will have a BIO (By Invitation Only) section in your back office where you can send sites personalized and branded to their franchise in seconds.
I would have a hard time describing all the free features in this package.
I am a user, I have had very good experience with the member forums, the tech support, and the almost constant roll out of new features. In summary, I wouldn't spend a whole lot of money or time reinventing a wheel when there is one right around the corner with custom aluminium rims and wide sticky high performance tires that your neighbor is giving away. Try it and then if you don't like it, then get bids and try to describe to your developer all of these features he is going to need to build in to be comparable (I bet it's gonna be expensive).
You can read more about the free point2agent sites community here - http://www.gulfshoreslife.com/For_Agents_Only/page_1738671.html
If you like what you read you can fill out your name, broker, franchise affiliate, phone number, and e-mail address here and have a fully functional site in the click of a button ready for you to leave as simple or make as complex as you want - http://www.gulfshoreslife.com/ForAgentsRegistration.aspx?in=QVUTBF
Why pay for a custom site that you think is snazzy looking when you can get a free one that actually helps you market listings and find buyer prospects.
Thats my two cents!