Has Your Commercial Real Estate CRM Vendor Been Acquired?
23503
post-template-default,single,single-post,postid-23503,single-format-standard,theme-bridge,bridge-core-3.0.9,woocommerce-demo-store,woocommerce-no-js,qode-page-transition-enabled,ajax_updown_fade,page_not_loaded,,columns-4,qode-child-theme-ver-,qode-theme-ver-29.7,qode-theme-bridge,qode_header_in_grid,wpb-js-composer js-comp-ver-7.9,vc_responsive

Has Your Commercial Real Estate CRM Been Purchased by Another Vendor? Here’s What You Need to Know

Has Your Commercial Real Estate CRM Been Purchased by Another Vendor? Here’s What You Need to Know

The commercial real estate (CRE) industry is experiencing rapid changes, especially in technology and software solutions, marked by a wave of acquisitions over the last couple of years. If your CRM has been acquired by competing vendor, you might be facing challenges such as product sunset decisions, increased costs for upgraded solutions, or even diminished support for your existing tools. In this landscape, it is crucial to understand your options and find a Commercial Real Estate CRM solution that meets your needs without breaking the bank.

Has Your Commercial Real Estate CRM Been Purchased by Another Vendor?
Unauthorized Change to your Commercial Real Estate CRM Vendor

The Impact of Vendor Acquisitions

When a competing vendor purchases another CRM, it often leads to significant changes taking you along for the ride. These may include:

1. Product Sunset

The acquiring company might choose to phase out the existing product, meaning your software could be unsupported in the near future. This forces you to look for alternatives, often under pressure and tight deadlines.

2. Increased Costs

New ownership may also lead to a new pricing structure. You could find yourself having to pay more for similar features, or even being pushed to upgrade to a more expensive tier that includes capabilities you don’t use or need.

3. Reduced Support

The transition often results in reduced product support as the new vendor integrates the acquired product into its portfolio. Usually, the acquired software doesn’t receive the necessary investment for ongoing development and support. This can expose users to vulnerabilities, compatibility problems, and disruptions from a lack of updates.

Why Commercial Real Estate for Act! Stands Out as a Solution

In light of these challenges, it’s essential to consider an alternative CRM solution that provide stability, support, and cost-effectiveness. Act! is a compelling option for those in the commercial real estate sector for several reasons:

1. Affordability Without Compromise

Act! offers attractive pricing for their CRM, ensuring a solution that fits your budget. Unlike some newly acquired CRMs, which often escalate costs post-acquisition, Act! remains committed to providing value for your investment without hidden fees or huge price hikes.

2. Robust Features Tailored for CRE

Commercial Real Estate CRM for Act! comes equipped with a comprehensive suite of features designed specifically for commercial real estate professionals. From tracking properties, listings, sales and leases to robust contact management and integrated marketing automation, Act! enables you to manage relationships and properties effectively in one platform.

3. Customization Capabilities

Flexibility is one of Act!’s greatest strengths. Unlike other CRM solutions that may limit customization options, Act! allows you to tailor your CRM to fit your specific business needs. Whether you require specific reporting features or unique workflow, Act! can be customized to optimize your processes.

4. Migration and Integration

If you’re concerned about migrating your data – Act! has an import feature and there are tools available for more complex data sets.  Also Act! has integration options with a range of applications commonly used in the CRE industry. This ensures that you can transition to Act! and leave your old system behind.

5. Support and Development

When you switch to Act!, you’re not just getting software – you’re getting a CRM with a 30+ year history with a significant customer base in north America. With Act! you can expect a vendor committed to the ongoing development and support of their products. Plus, there are available resources to help you maximize your CRM’s potential and the ongoing support ensures you’re never left in the lurch.

Final Thoughts: Choose Act! for your Commercial Real Estate CRM

If your Commercial Real Estate CRM has been acquired and you are facing uncertainty about its future, consider Commercial Real Estate for Act! as a viable replacement. With its affordability, robust features, and commitment to development and support, Act! provides a reliable alternative that can help you with useful technology for your business without the headaches associated with a vendor acquisition. Don’t wait until it’s too late—invest in a CRM that will support your business today and in the future.

Contact Us to move from your existing Commercial Real Estate CRM Vendor to Commercial Real Estate for Act!