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SOURCE The Pavonis Group
Leading commercial real estate technology firm now offers bundled subscriber options
HOUSTON, June 18, 2014 /PRNewswire/ -- RealNex, the new real estate technology company formed by the Pavonis Group, launched the first phase of integration for its recently acquired product suite. This included the "Live" version of Real Estate Assistant (REA), a leading customer relationship management (CRM) tool specifically designed for the commercial brokerage industry. RealNex demonstrated its new integrated suite at RealComm 2014, an international convention of real estate technology and communications professionals in Las Vegas last week.
REA's capabilities were highlighted as part of a live demonstration at the Pavonis Group booth at RealComm 2014. Its features include event scheduling, report and brochure creation, and a comprehensive contract/company database. REA users can also auto sync to Microsoft Office and track and link deals, listings, properties, buyers, sellers, tenants, spaces and comps. The new "live" version enables those who use the desktop product to take their data on the road with read-only mobile device access. Jeff Finn, Partner with The Pavonis Group and CEO of RealNex, led the demonstration and also introduced the new subscription-based, bundled pricing structure. This evolution marks a key move for RealNex less than two months after acquiring the three companies.
"This is the first step in moving REA to the cloud. We are thrilled with the client reaction and the possibilities as we move the product forward," said Finn. "The opportunity to take this technology to the next level is a significant step for REA and the commercial real estate industry itself. RealComm was a great opportunity to allow us to present this to others in the industry and further emphasize the integration of technology and commercial real estate."
REA, REI Wise and Property Line recently joined RealNex, a new software and data solutions company under the Pavonis Group umbrella, designed to connect and transform the global real estate market by aggregating and integrating a portfolio of services, including robust data and transaction management solutions, all through one common Software as a Service ("SaaS") business model.
By integrating REA with REI Wise and Property Line users gain even more utility and functionality while eliminating redundancy and saving time. Property Line is a property listing system that markets properties, promotes commercial brokerage companies, provides hosted listing systems and offers powerful marketing tools to the commercial broker. The second company, REIWise, is a leading real estate analysis software company that provides a unique "Propose to Close™" solution that streamlines the process of proposal creation, financial investment and comparative lease analysis to the development of flyers, brochures, property websites and deal rooms.
About The Pavonis Group
The Pavonis Group was formed to transform the commercial real estate industry by leveraging the partners' extensive collective expertise and experience in the global real estate, capital markets and technology industries to deliver solutions that will improve the efficiency and transparency of the industry. Headquartered in Houston, TX, Pavonis Group includes 11 partners who are based around the world. The partners are a Who's Who of industry leaders, including former executives from Argus Software, IBM, BMC, ING Global Real Estate, Credit Suisse, NAI Global and the former head of the real estate department at Indiana University.
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