Key Takeaways:
– Real estate has too much software, causing issues such as disconnected processes, high cost of ownership, decreased efficiency, and low technology adoption.
– Agents and brokers use 20 different tools every day, leading to frustration and inefficiency.
– The real estate technology industry has evolved to solve specific problems, resulting in many individual products that don’t work together.
– Real estate needs better software that is interconnected and meets the unique needs of agents, brokers, and consumers.
– Developing a complete solution for the real estate industry is challenging due to the complexity and interconnectedness of different processes.
– Lone Wolf Technologies has developed a platform that connects the entire real estate experience and provides optimal performance, scalability, and security.
– The platform helps real estate professionals work from start to finish without fail and integrates with other solutions.
– Lone Wolf Technologies aims to revolutionize real estate technology and provide a foundation for the future of the industry.
inman:
It’s a weird thing for a software CEO to say that real estate doesn’t need more software.
But I know it’s true. So do agents and brokers.
While we all follow the latest lawsuits and wonder what they’ll mean, while we all shake our fists at the market and wonder when it will turn around, there exists an issue so big it affects us all every day — but no one wants to say anything about it.
Here goes:
Real estate has too much software
We conducted a study with T3 Sixty to find out exactly how many tools agents and brokers use per day.
We knew it’d be a lot.
After all, we’ve been here since 1989. We’ve seen the market shift again and again, the first listing hit the web, the crisis of 2008, trend after trend.
Through good times and bad, we’ve provided software to countless agents, brokers, franchises, MLSs, and associations.
In working closely with these professionals, we know their pains from too much software all too well:
- Disconnected processes, data, and experiences
- High cost of ownership
- Decreased efficiency
- Low technology adoption
But we had no idea how high the number would be.
Agents and brokers use 20 different tools every day
Imagine trying to do anything and logging in 20 times. You’d walk away after the third “forgot your password?”
How did we get here?
Over the years, real estate technology evolved to solve one problem at a time.
This brought us many individual products that are great at solving specific problems. However, because these products don’t work together, agents and brokers patch platforms together themselves.
This creates as many problems as it solves and pushes the industry further away from the meaningful improvement it needs: a complete and connected digital experience.
Real estate doesn’t need more software. It needs better software
Real estate needs software that’s better together, better for the unique needs of agents and brokers and better for consumers and their rapidly changing expectations.
So why haven’t we been able to get it?
Consider a product and its core components:
- First, you have the login.
- Then, you’ve got the user interface (UI) which seeks to make the user experience (UX) as intuitive as possible. This is incredibly difficult, given the complexity of any real estate task.
- Last, you have critical services for applications (from notifications to navigation), data (from properties to commissions), and security (from identity to user permissions).
Each of these components must connect to form a whole solution that works the way the user needs it to.
And that’s just for one process. Now, consider that a whole solution would need to connect each of these components for every process involved in real estate, from listing to lead to signature to commission. Though comprised of many solutions itself, it would need to have one login, one workflow, and one dataset, and would need to work as well for brokers as it does agents and clients. That’s why a complete solution has been so difficult to develop.
But it’s not impossible.
It’s already here.
The platform for all real estate.
Since 2019, we’ve diligently worked to deliver a platform for real estate that does it all.
A platform that connects the entire real estate experience, so agents and brokers can work from start to finish without fail.
A platform that integrates with other solutions, so agents and brokers can run their businesses their way.
A platform with a modern framework that provides optimal performance, scalability, and security.
A platform that helps real estate do more be more, and get more — without having to have more.
It’s more than a platform. It’s a foundation.
With decades of evolution and meticulous user research behind it, Lone Wolf Technologies is here to introduce the future of real estate technology. Lone Wolf is bringing together all the pieces and processes of the real estate experience into a one-of-a-kind hub built on a modern framework that gives real estate professionals the security, scalability, availability, and performance they need to deliver the same to their clients. Whether you’ve been at it for years, whether you’re starting out or whether you’re building the next empire — Lone Wolf is here for you from start to finish.
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Property Chomp's Take:
Real estate professionals are no strangers to the ever-growing number of software tools available to them. From managing listings to tracking leads, there seems to be a software solution for every aspect of the industry. However, there is a growing consensus among agents and brokers that the real estate market is oversaturated with software. In fact, a recent study conducted by Lone Wolf Technologies and T3 Sixty found that agents and brokers use an average of 20 different software tools every day.
The abundance of software tools may seem beneficial at first, but it comes with a host of problems. One of the main issues is the lack of integration between these tools. Each software solution is designed to solve a specific problem, but they often don't work seamlessly together. This results in disconnected processes, data, and experiences for real estate professionals. It also leads to a high cost of ownership, decreased efficiency, and low technology adoption.
Real estate doesn't need more software; it needs better software. The industry needs a comprehensive solution that connects all the different aspects of the real estate experience. Lone Wolf Technologies has recognized this need and has been diligently working since 2019 to develop a platform that does it all.
This platform aims to provide agents and brokers with a complete and connected digital experience. It integrates with other solutions, allowing real estate professionals to run their businesses their way. It also offers a modern framework that ensures optimal performance, scalability, and security.
The goal is to provide a platform that helps real estate professionals do more, be more, and get more without having to deal with multiple software tools. Lone Wolf Technologies aims to create a foundation for the future of real estate technology, where all the pieces and processes of the real estate experience are brought together in a seamless and efficient manner.
With decades of experience and meticulous user research behind it, Lone Wolf Technologies is poised to revolutionize the real estate industry. Their platform offers the security, scalability, availability, and performance that real estate professionals need to deliver exceptional service to their clients.
Whether you're a seasoned real estate professional or just starting out, Lone Wolf Technologies is here to support you from start to finish. Their platform is designed to enhance the real estate experience and provide agents and brokers with the tools they need to succeed in an increasingly competitive market.
In conclusion, the real estate industry doesn't need more software tools; it needs better software. Lone Wolf Technologies is leading the way in developing a comprehensive platform that connects all aspects of the real estate experience. With their platform, real estate professionals can streamline their processes, increase efficiency, and deliver exceptional service to their clients.
