Successfully selling real estate requires more than simply driving a client around to look at various properties. Real estate agents must have excessive knowledge of the market, research properties and gather information about each property that the client needs to know, and have strong negotiation ability to make a sale.
To relieve concerns and questions their clients have about an expensive purchase like a new home, real estate agents need to market properties as well as they can. To do this, agents have started leveraging GIS for property mapping and data visualization to display property information. For one RE/MAX agent in Uruguay, real estate mapping software has helped him become more competitive in the market place and increase sales year over year.
Juan Irala y Hernández opened his RE/MAX office in Uruguay in 2012 with the goal to become the top realtor in his region. Unlike realtors in the United States, though, Juan didn’t have access to the Multiple Listing Service (MLS), a suite of services that provides real estate agents with marketing information and competitor property listings. Without the MLS, Juan needed a different way to better market properties and close more real estate deals.
The solution? Real estate mapping software that helped Juan analyze the real estate market and map out properties to show clients. After reviewing various property mapping solutions, Juan chose Mapline’s Excel mapping software. With Mapline’s capabilities, Juan started to do more market research and could upload his Excel database to create clean, visual property value maps. When Juan upgraded to an enterprise account in 2014, Juan received access to more advanced capabilities that have taken him far beyond the competition:
More Detailed Property Analyses and Client Discussions
With Mapline’s sublayers and shapes features, Juan could examine high demand and high value markets in the area and share them with clients. He was also able to provide more specific property data and information, making it easier to communicate with clients about property details and pricing.
More Fact-Driven Property Decisions
Real estate agents can’t expect clients to purchase a property based on their realtor’s personal opinions. Real estate agents need to be able to have fact-driven and objective conversations with clients about available properties. With Mapline’s features like sublayers, shapes, and heat maps, Juan could determine which properties were in higher or smaller demand, show clients local hot spots, and do deeper analyses that allowed him to have more fact-driven client conversations and led to more strategic selling decisions.
Greater Team Collaboration
A large part of Juan’s success has come from the increased collaboration he’s had with his team using real estate mapping software. Trying to analyze data in Excel and share different versions via email becomes confusing and inefficient. With Mapline, Juan has been able to share 24 maps and 25 datasets with nine of his colleagues. Together, they can share and view property value maps and information in real time, allowing for more strategic team discussions and better business decisions.
Since leveraging the capabilities mapping software offers in the real estate industry, Juan has seen a 50 percent increase in business growth year over year. Mapping software like Mapline can give realtors a competitive advantage in the market place.