The work of the modern real estate investor isn’t limited to the office. Far from it. Decisions need to be made on the fly, whether from 30,000 feet in the air or in an Uber on your way to an on-site property evaluation. That’s why real estate cloud platforms are being adopted at a previously unprecedented scale.
With the rise of telecommuting and 24-hour workdays, the need for accessible deal data has never been higher. Cloud computing has presented real estate investors with a viable alternative to on-premise servers desktops that are only accessible from the office. That’s why real estate investors are embracing cloud-based solutions.
Real-time access to deal data gives you a leg up on the competition, who might be working with outdated spreadsheets or have to wait until they get back to the office to make decisions. Cloud-based services liberate you from that outdated paradigm. They give you access to your data and files from anywhere you might be working.
However, for real estate investors it’s not always as simple as just uploading your files to Dropbox or SharePoint. A typical real estate deal is extraordinarily complex with numerous moving parts and a large team to coordinate on nuanced deals and critical tasks, where a single error can have enormous consequences.
It’s not enough to simply migrate to the cloud. You need a purpose-built cloud solution that can effectively handle the inherent complexity of a real estate deal. Cloud-based web applications are where the modern real estate professional works. They consistently benefit from the access, security, and collaborative features of cloud technology, and with the rise of purpose-built solutions, they’re able to leverage the cloud still further to transform their business.
Since Day One, Dealpath has been confident that investment teams want and need to be using real estate cloud platforms. See for yourself why Dealpath’s cloud infrastructure is the future of real estate with a free demo from one of our strategic account directors.