LuitBiz For The Real Estate Industry
The fortunes of the real estate sector are tied to the growth of economies.
The real estate industry is highly capital intensive and face several challenges
in project planning / costing and execution, collaborating with preferred
suppliers/ sub-contractors, visibility on cash flow, pricing and regulatory
compliance. In this industry, to make profits, companies need cut down their
operating costs, be efficient across processes, and stay competitive by
passing on the benefits to customers through optimum pricing. In order to
achieve these objectives, companies need to manage project planning, site
selection, construction, budget planning, regulatory approvals, and every
other aspect of their business smartly and efficiently.
A real estate company faces a number of challenges including providing
accurate quotes and cost collection as well as effectively selling and renting
out properties, change orders, and billing. Going beyond traditional ERP
software, LuitBiz also incorporates document, content, and business process
management capabilities, empowering real estate companies to:
- Manage leads better and convert them into sales: LuitBiz
helps you to view complete details of your potential customers so that
you would be able to show them properties based on their exact requirements.
With LuitBiz, you can have a real-time view of all your business opportunities,
track sales progress and plan the next steps with your potential customers
from anywhere in the world. LuitBiz helps you make every customer engagement
count, and remain in close touch with opportunities that may translate
into actual revenue.
- Handle sales and marketing more smartly: Today's real
estate companies are stranded with too many projects, plans, locations
and customers. All these processes are linked to each other and for effectively
managing your real estate business; you need all of these to come under
one roof. LuitBiz helps you to manage your properties using integrated
software that ties marketing, sales, support and quality teams together.
With LuitBiz, you can manage multiple marketing campaigns, attach prospects
to campaigns, profile their requirement and offer them properties of their
- Manage maintenance effectively: After sales support
is extremely important in the real estate industry in order to have a
loyal clientele. LuitBiz helps real estate companies make their customers
happy by offering them prompt service with LuitBiz CRM's support module
and customer portal. Building managers can now schedule their routine
maintenance and organize the technical team for all maintenance work and
inform customers via the customer portal about the maintenance schedule.
Additionally, customers can submit their grievances via the customer portal
that can be addressed and solved by the real estate companies promptly.
- Manage documents and adhere to compliance laws: Real
estate companies are always straddled with a lot of documents - customer,
legal and compliance related. It is very important for these companies
to have the right document with the right version at the time they need
it. LuitBiz helps real estate companies track the right version of their
important business documents at their fingertips anywhere, anytime.