Top SaaS Real Estate Companies in 2024

SaaS Real Estate

SaaS real estate solutions- agencies are now adopting user-friendly and affordable SaaS tools catering to real estate needs and transforming their productivity and outcomes to the next level.

Even an industry report predicts that the global real estate SaaS market will grow at a Compound Annual Growth Rate (CAGR) of over 15% just within 2028.

This signifies significant growth and increasing adoption of software solutions by property managers which helps them scale their operations using cloud platforms. 

Today I am going to list top leading companies that truly optimize SaaS for their real estate business and achieve new heights of productivity and results.

The Role Of SaaS Solutions In Transforming Real Estate Dynamics

The real estate industry has made significant digital progress over the past decade, even through recent challenges like post-pandemic work dilemmas and sudden hikes in interest rates.

In 2021, the global PropTech market was valued at $25 billion which experts foresee to grow at an annual rate of 15.8% within 2030. (source)

Can you imagine what is the secret behind this?

This anticipated rapid growth is nothing but fueled by cutting-edge technologies adopted by real estate companies which are completely transforming real estate business models, operations, and service delivery.

Here is more for you to know about how SaaS is shining its way in the real estate revolution.

Automate Real-estate Processes:

The key role of SaaS is the real estate industry revolutionizing the way of working by automating time-consuming processes. Starting from property listing management, documentation, or contract generation, all are now just a few clicks away.

Better Data Management & Analysis:

SaaS solutions and applications have revolutionized the way businesses handle data. Beyond just guesswork, real estate professionals can now access real-time data like trends in market trends, consumer preferences, or property listing.

This enables them to personalize their services and tailor marketing campaigns to specific demographics and needs. 

Enhance Customer Experience:

By leveraging user data, SaaS solutions like CRM platforms can provide customized recommendations to buyers on locations, pricing, etc. based on their preferences. This bridges the gap across sales, financing, or other real estate workflows of the customers, ensuring a smoother buying/selling experience.

Improve Communication and Collaboration:

SaaS platforms break down communication barriers between agents, buyers, sellers, and property managers through centralized platforms, chat features, and document-sharing tools. This boosts transparency and improves collaboration.

Boost Accessibility:

Cloud-based SaaS solutions allow real estate professionals to work anywhere, anytime, and collaborate with clients across the globe. This opens up new possibilities and market opportunities for them. 

Exploring Different Types of Real Estate SaaS Solutions

 

1. Customer Relationship Management (CRM) Solution

Real estate CRMs play a big role in fostering a stronger relationship between clients and stakeholders in real estate. 

For example: Online CRM dashboards-which act as a centralized database of all customer and prospect contact details, interactions, preferences, and transaction journey mapping. This brief view empowers agents to be more responsive to each client’s needs.

Even in a study,  42% of property managers are hooking up with new technologies like CRM to keep their properties relevant in the market profile. 

2. Lead Management Solutions

Real estate companies use various lead management software in their CRMs to generate leads from sources like web forms, online ads, email campaigns, social media, etc. This is a structured way through which real estate agents find their potential clients and complete their deals. 

Beyond just generating leads, many effective software like Nestio or RealNex help to manage them through organizing information or guiding buying or selling processes. 

3. Property Management Solutions 

According to a 2016 survey, 62% of rental property owners find maintenance as their big stress point.

And that’s the point, property management solutions hits. Property owners use these solutions and the necessary tools to manage their administrative tasks associated with leasing, maintenance, or the needed inspection.

In most cases, it just covers the maintenance management or rent collection while other effective solution processes help in tracking leads, reporting, and data analytics as well.

4. Marketing and Listing Solutions

In today’s competitive real estate market, having a strong online presence and effective marketing strategies are like secret weapons to streamline the business. A survey shows that more than 90% of property owners optimize digital marketing strategies to engage customers

Beyond just customer engagement, these solutions help showcase your properties in the best light, and ultimately close more deals.

For example, you can check out Zillow and Realtor.com, the powerful listing tools that integrate with MLS databases and give maximum online exposure to property listings to attract more buyers.

Top 10 SaaS Real Estate Companies To Revolutionize Your Propertymap

Here I am providing a comprehensive list of the top 10 SaaS companies that are transforming real estate through their innovative software solutions.

Company Name  Country  Revenue  Funding  Employees 
Alarm.com United States $216.1 million $137M 1,000-5,000
SmartRent  United States $168 Million  $138M 501-1,000 
Briq  United States $11.3 Million $46M 54 
Entrata  United States $446.6M $507M 2K
Capmo Germany $33.3M $38.6M 106
Casavo  Italy  $118.3M  $10.6 M 51-200 
Entera United States $16.4M  $39.5M 4,434
Moxiworks United States $50M $1.6M 194
VTS  United States  $62.8M $125M  500-1,000
Koppala  Germany 4.3M. $18.5 M 35 

 

1. Alarm.com

Alarm.com

  • Website: Alarm.com
  • Founded Year: 2000
  • Location: 8281 Greensboro Drive, Suite 100 Tysons, VA 22102
  • Investors: BlackRock Inc., Vanguard Group Inc, Brown Capital Management Llc, IJR – iShares Core S&P Small-Cap ETF,  William Blair Investment Management, Llc

Start with the leading SaaS real estate platform in the US Alarm.com which is highly recognized for intelligently connecting properties. The company mainly focuses on advanced technologies and home automation systems to ensure personalized comfort and enhanced energy efficiency of your property.

Plus their mobile app, providing real-time alarm status and seamless video monitoring through integrated smart sensors will add a new line to your home security.

Key Features  Reasons To Avoid 
  • Good property management
  • Affordable services
  • Interactive home security system
  • Trusted by millions of homeowners
  • Award-winning app
  • Hardworking and cooperative coworkers 
The app may be overwhelming for some users

 

2. SmartRent

SmartRent

  • Website: SmartRent
  • Founded Year: 2017
  • Location: 8665 E. Hartford Drive, Scottsdale, AZ 85255, Suite 200
  • Investors: The Vanguard Group, Inc., BlackRock Fund Advisors, Vulcan Value Partners LLC, Citigroup Global Markets, Inc., Oaktree Capital Management LP. 

SmartRent- the top real estate company in the US that provides all the cutting-edge SaaS solutions for easy maintenance, upkeep, and preservation of the rental housing industry.

Owners or renters can easily monitor control over their assets with smart locks, cameras, lights, thermostats, and many more like this.  Beyond that, you can take advantage of their maintenance package, including tracking issues, monitoring the condition and property performance, and taking reliable actions to address the issues. 

Key Features  Reasons To Avoid 
  • Best automation solutions
  • Manage maintenance tasks.
  • Provides management software
  • High-quality remote monitoring  
Disappointing customer service. 

 

3. Briq

Briq

  • Website: Briq
  • Founded Year: 2018
  • Location: 511 Olive St, Santa Barbara, California 93101, US.
  • Investors:  Eniac Ventures, Tiger Global Management, Blackhorn Ventures, Darling Ventures, MetaProp.

Are you running a construction business? Stop juggling spreadsheets and get your finances under control with Briq.

The company is highly known for leveraging cutting-edge AI to simplify complex financial procedures, saving your time and taking your contractor business to the next level.  All thanks to their automated financial workflow strategies which don’t just organize your data but also transform it into actionable insights to boost profitability.

Key Features  Reasons To Avoid 
  • Optimize your resources
  • Provides real-time data analysis
  • Billing and invoicing
  • 2D drawing and 3D imaging
  • Budget management
Delayed Responses

Lack of accountability

 

4. Entrata

Entrata

  • Website: Entrata
  • Founded Year: 2003
  • Location: Lehi, UT
  • Investors: Dragoneer Investment Group, Silver Lake, HGGC, Josh James (founder of Domo)

Entrata is one of the top-reviewed software-as-a-service (SaaS)  that aims to provide an all-in-one property management platform to streamline operations. Since 2003, they have highly focused on automating workflows that are enough to empower owners, property managers, and renters. 

Plus with the best implementation of AI and other effective flexible technology solutions, they try their best to blast away grunt work and free you up to focus on big picture strategy alone. 

Key Features  Reasons To Avoid 
  • Easy-to-navigate software system
  • Cooperative customer service
  • Makes jobs easier
  • Intuitive
  • Provides applicant screenings
Some bugs and issues often don’t get addressed

 

5. Capmo

Capmo

  • Website: Capmo
  • Founded Year: 2018
  • Location: München, Atelierstraße 29, Germany, 
  • Investors:  Capnamic Ventures, HW Capital, UVC Partners, Bessemer Venture Partners.

Meet another secret weapon for the construction leaders- Capmo. This SaaS-based real estate company is highly known for disrupting outdated workflows with lightning-fast project completion. 

In just 5 years, it has experienced rapid growth now with 100+ employees across Germany and other different countries around the globe. Hundreds of clients and thousands of users in Europe rely on Capmo to manage over 10,000+ building projects that include homes, schools, and hospitals.

Key Features  Reasons To Avoid 
  • Award-winning real estate SaaS company
  • Helps construction teams digitalize their documentation
  • Uses collaboration tools for improved communication 
  • Uses artificial intelligence and modern web technology to make documentation 
Need precise motor skills to understand the app interface. 

 

6. Casavo

Casavo

  • Website: Casavo
  • Founded Year: 2017
  • Location: Milan, Italy
  • Investors:  UniCredit, 360 Capital, Bonsai Partners, Picus Capital, Greenoaks, and so on 

Founded in 2017 by Giorgio Tinacci, Casavo is a well-renowned real estate company based on SaaS in Italy. The company mainly centralized in offering free appraisals to the prosperity owners to are looking forward to selling their company.

Casavo generates an offer for them, buys the property, renovates it, and then sells it on a profit. This effective approach minimizes uncertainties and headaches by streamlining every step of the sales process. 

Key Features  Reasons To Avoid 
  • Changes the ways of real estate transaction
  • Unique technological SaaS real estate platform
  • Offers seamless and hassle-free property selling and buying opportunities  
Disappointing customer service for many customers

 

7. Entera

Entera

  • Website: Entera
  • Founded Year: 2018
  • Location: Houston, 12645 Memorial Dr. Ste F1 PMB 456, United States
  • Investors: Bullpen Capital, Goldman Sachs Asset Management,  ValueStream Ventures, Craft Ventures

Entera is the leading fully AI-powered SaaS real estate platform that seamlessly connects investors, sellers, and service providers of the US in a single-family residential market.

Since its debut in 2018, it has highly focused on AI plus transaction services to buy, sell, and manage single-family houses. The cutting-edge AI technologies of their services help clients find the ideal properties, optimize, and inspect for bidding.

Key Features  Reasons To Avoid 
  • Best SaaS real estate services platform for investors.
  • Faster publishing
  • Hybrid solution
  • High-precision data capture and protection 
Lack of good company culture. 

 

8. MoxiWorks

MoxiWorks

  • Website: MoxiWorks 
  • Founded Year: 2010
  • Location: 815 Western Ave, Seattle, Washington, United States.
  • Investors: Vector Capital.

MoxiWorks is a comprehensive SAAS real estate company for large residential real estate brokerages that is proudly serving over 130,000 agents & 800 brokerages throughout the U.S. and Canada. 

With the proper integration of  CRM, marketing automation,  IDX websites, presentations, recruiting solutions, and lead management, it helps real estate brokers and agents accelerate productivity and growth.

Key Features  Reasons To Avoid 
  • Uses Sphere methodology to repeat and referral business by 40% 
  • Cloud-based CRM solution
  • Offers a 360° view of resources
  • Smart opportunity recommendations
  • Configurable workflows 
  • Minimizing the overall costs of the brokerage. 
Poor customer service 

 

9. VTS

VTS

  • Website: VTS
  • Founded Year: 2012
  • Location: New York, United States
  • Investors: Thrive Capital, Bessemer Venture Partners, RRE Ventures, Red Swan Ventures, David Tisch.

Looking forward to a Cloud-driven real estate management software to minimize your workload as a broker, investor, and owner? Stop right here as VTS has covered you all. 

With their innovative commercial real estate SaaS solutions, you can easily streamline your comprehensive proper management system. They provide real-time access to portfolio activities as well as make it easier for brokers and landlords to track and analysis across their live data flow. 

With their data-driven insights, over 45,000 clients worldwide are now converting their leads 41% faster than before!

Key Features  Reasons To Avoid 
  • Fastest-growing PropTech company 
  • Excellent customer service
  • Activity Tracking
  • Cash Flow Analysis.
  • Data-driven approach
  • Real-time leasing activity
  • Nurturing tenant relationship
  • Seems pricy to many customers
  • Lack of customization

 

10. Koppla

Koppla

  • Website: koppla 
  • Founded Year: 2020
  • Location: Schopenhauerstrasse 19, Potsdam, 14467, Germany.
  • Investors: Hasso Plattner Institute, Earlybird Venture Capital, coparion

If the construction planning got you in a mess, Koppla would be a game-changing solution for you to accelerate your workflow. This intuitive platform offers all streamlined processes with standardized templates, tracks progress in real-time, and addresses issues in the bud with proactive monitoring tools. 

All that makes it possible for thousands of construction companies to boost flexibility in their workflows and make the construction documentation process more efficient.

Key Features  Reasons To Avoid 
  • Tracks KPIs and metrics for efficiency
  • Faster completion times
  • Real-time visibility into construction progress
  • Mobile app for on-site progress updates
  • Easy drag-and-drop schedule editing
  • Offers free trials 
  • Data security concerns 
  • Lack of customization

In Closing!

SaaS mainly refers to delivering software applications to end users over the internet. Even when it is about SaaS in real estate, the fundamental model remains the same.

Real estate SaaS companies leverage cloud-based architecture and help agents, brokers, or property managers in accessing their property management remotely through web browsers or mobile apps.   These innovative SaaS solutions bring huge benefits to the real estate industry around scalability, reduced hardware dependencies, and built-in security.

Hi there! This is Nighat Hossain, a dedicated wordsmith driven by a passion for words and storytelling. With three years of successful writing under my belt, I’ve had the pleasure of combining my creativity and strategic thinking to craft articles that captivate my audiences.

Nighat Hossain
Author’s Bio

Hi there! This is Nighat Hossain, a dedicated wordsmith driven by a passion for words and storytelling. With three years of successful writing under my belt, I’ve had the pleasure of combining my creativity and strategic thinking to craft articles that captivate my audiences.

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