Top 10 Features You Should Ask For In Your MLS Software

Your MLS real estate software will turn out to be a real winner if it has an inbuilt mortgage calculator to ascertain loan balances, monthly mortgage payments, lump-sum payments and more. Your user should be able to do the following without any glitches:

• Calculate their monthly principal and interest amount quickly
• Creating a detailed amortization schedule for every payment made
• Ability to customize their monthly payment amount if they want to pay up extra and close the deal sooner
• Ability to accelerate mortgage payoff with options such as bi-weekly or bi-monthly payments

Edit/Add Listing Feature

This is the perfect tool to quickly view and manage all your listings and submit any new changes or additions or removals to them on the go. It also facilitates data quality control on all your new listings, custom validation, ability to duplicate your listings for different locations, easy and fast broker approval on all your new listings and notifications for the same and much more.

Contacts Manager Portal

The contacts manager portal is going to keep all your contacts and synchronize all your conversations in one place. You can import and export contacts without losing connections and leads. Add private notes to each of the chats or conversations you’ve had with them. You can edit contact data, send bulk emails, receive custom notifications, add them into specific groups and edit the list later, create mailing labels and prioritize and categorize each contact and contact groups for searching and prospecting purposes.

Buyer Scrutiny Feature

The buyer scrutiny feature is going to help you identify and qualify potential buyers for your real estate and property listings. The standard income and debts of the potential investors or clients will be taken into account to determine the approximate mortgage loan that they qualify for. Instant comparison of the buyers’ debt to income ratios with relevant loan programs will help them understand what they can afford and what they can’t. This feature is going to help your potential investors understand the available options they can use to increase their buying power.

Any good software application is not just about the information it provides but also about delivering a great user-experience Your MLS software should provide the following very obvious benefits to all users:

• Easy to use layout and design that is simple and logical
• Navigation buttons to home and help should be easily visible and reachable
• Any MLS software is incomplete without useful help tutorials, step by step instructions, videos, e- support and also toll-free phone call options
• You may also ask for an option to change the layout of the app to the desktop or laptop or tablet version
• Your MLS software should also allow the user the ability to multitask by letting them open simultaneous windows on their smartphone
• Easy to view message boards should also be a part of your MLS software where the user can view their messages and notifications
• An easy to use “my listings” feature will let them view and manage their listings quickly
• Always ask for a “my contacts” and “search listings” feature as well
• Task manager option will allow the user to prioritize tasks, receive notification reminders and set deadlines to send out emails or text messages or check for any leads or work in progress
• Market watch feature should be able to let the user keep a tab on the market and the most recent MLS listing activities
• Ability to sort out listings by any field or criteria selected by the users and then save it as a spreadsheet is another very useful feature you should ask for
• Links to other applications or property finder options such as Google Maps (through API integration) and the ability to provide an aerial view of the commercial or residential property or search listing

Final Thoughts

The real estate industry as we know it has shown a lot of growth. The buyer or investor has become more tech-savvy. They expect everything to be on their fingertips and the only way to make that possible is with reliable MLS software. If you think that this transition to digital platforms is not your cup of tea or is just too demanding, you are not alone. Zapbuild, over the years, has come across several players in the real estate industry who were more than reluctant to embrace digitization. We understand the struggles real estate developers and brokers face when welcoming new technologies into their daily business realm. And this is exactly why Zapbuild is here.

Aman Brar

(Chief Business Analyst at Zapbuild)

Are you looking for a technology partner to turn your business idea into a successful solution? Get free consultation from top IT experts – write to us at connect@zapbuild.com or call us at +1 (779) 256-7779 or +91-80471-16600.

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