What Open-Source Software is Available For Real Estate Projects?

If you’re in the real estate industry, you know perfectly well how a good piece of software can make or break your day-to-day work. These tools make it possible for you to manage tasks, media, listings, clients, and even e-commerce. In fact, you’d be hard-pressed to keep up with a very competitive market without a solid digital platform behind you.

When you start looking for the right software to help with your business, you’re not limited to proprietary solutions. In fact, open-source applications are becoming more and more widespread within the world of real estate development software.

Even when you turn to a third-party development service, you’ll find they are most likely using open-source solutions to help build your new product. Or, if you’re not concerned with custom real estate development software by a third-party engineering team, you might consider a few possible options that are already on the market.

Let’s take a look and see what’s available.

OpenMAINT

OpenMAINT is an open-source platform for the management of real estate assets, industrial facilities, and infrastructures. With this Computerized Maintenance Management System (CMMS), you’ll find a large collection of features that help make the management of your real estate assets a breeze.

OpenMAINT offers secure data storage, a workflow analytics engine, email notifications, CSV data import/export, automation, visualized data reports, self-service portals (for landlords and tenants), barcode and QR code identifiers, and an audit trail to keep tabs on all transactions.

OpenMAINT is highly configurable, gradually implementable, and enterprise-ready. All of this together means even solo real estate brokers can start using the platform and have it grow along with your business.

OpenMAINT is both open-source and free to use.

Property Matrix

Although this solution has a price tag, it’s still open-source. Property Matrix offers a user-friendly interface integrated with secure payment options at zero cost to the user. Like OpenMAINT, Property Matrix is also highly customizable and includes plenty of features, such as:

• Comprehensive document management
• Central communication hub
• Dedicated property portals
• Automated, customized reports
• Check signing
• Document scanning

You’ll also find a powerful accounting solution that is perfectly at home whether you’re working with 200 listings or 2,000.

As we mentioned, Property Matrix isn’t free. You can purchase a license starting at $400.00/month up to $1,200/month, depending on your specific needs.

SuiteCRM

Although SuiteCRM wasn’t specifically built for the real estate industry, it’s still very at home in that sector. Built into this open-source solution, you’ll find features like:

• Relationship management
• Bookings
• Leads
• Compliance tools
• Marketing tools
• Service options

Unlike the other 2 options, SuiteCRM is best suited for smaller real estate firms or lone agents not associated with an enterprise-level business. Even with that caveat, SuiteCRM would be a great option for someone looking to house their own platform on an in-house server.

SuiteCRM is both open-source and free.

Conclusion

If you’re either already in the real estate business or are looking to jump into the mix, you’ll want to make sure you have the proper tools to help simplify the management of your assets, listings, customers, and accounting. Any one of these tools would be a great option to fill that need.