Count these features in while developing Real Estate auction software
Count these features in while developing an auction software for Real Estate
Real estate auction softwares’ are becoming an effective approach to get a good deal on property investments since online real estate auctions are growing these days. Sellers have usually benefited from property auctions because they may rapidly seal a deal with the highest bidder.
Due to the sheer positive results of using real estate auction software, many business personnel are eager to implement one. However, do you know how to create a successful real estate auction website/app/software and what features must be included in such software to attract more customers and make a more profitable business?
Focal factors while creating a real estate online auction software:
Dashboard
The software should have an easy-to -operate dashboard with a real-time calendar with a push notification setup. So that users can check and get notified of the active dates for all properties auctions with all the required property details.
Property listing
Ensure that the real estate software solution you develop allows vendors to put or list their property for auction, either for free or for a fee. Also permit them to define the characteristics of their offers, the bidding duration with a minimum and maximum property value, modify their postings, and provide 3D tours (Photos and Videos) of the property.
Search option
Develop a real estate online auction software with a swift and advanced search feature. Advanced search should have filters on location, pricing, bidding dates, asset kind, and so on. So that users may configure the search filter to get the most relevant result. Furthermore, the auction software should have a map view so that customers may get the exact property location.
Bidding with easy navigation
The software you develop should feature an intuitive bidding and navigation system that allows users to see opening bids, vendor bids, closed bids, and the number of active bidders simultaneously.
The buyer should be allowed to view bidding statistics such as the highest bid to date, the number of views and visits to the property page, and the average bid amount, among other things. Both parties should be notified of the progress in real-time.
Closing status
The real estate auction software must have a feature that signals the listing is closed when the bid is selected. It also allows the bidder and buyer to sign the contract, which establishes the terms and circumstances of the sale as well as the ultimate closing date. Additionally, the software must include a feature that allows both parties to manage all legal terms online.
What is the ideal place to get an innovative real estate software solution?
You no longer need to bounce from one company to the next in order to construct a fully functional and straightforward real estate online auction software. At Clavax Technologies, we’re working on creating multi-functional, error-free and easy-to-use real estate online auction software with all of the essential features that will entice more people to use it when conducting real estate business.
