Investor reporting in the real estate space is a time-consuming and cumbersome task. In some cases, depending on the amount of investment made in a property or properties, sharing information with an investor can take days. The delay prevents realtors from interacting with their investors on time and in line with modern market demands. Until recently, over 85 percent of US real-estate companies were still documenting all transaction details in spreadsheets and communicating via email, thus leaving a long trail of data to be indexed/ searched manually by an analyst during investor audits.
To fill this technological gap and empower real estate investment managers, Agora, a FinTech company, offers the right digital tools to not only deliver reports in just a click but also build quality client relationships. Offering flexible and customizable reporting functions and full integration with existing financial records and back-office systems, Agora allows its clients to communicate with investors thoroughly. “Most solutions are not user-friendly or inconvenient to operate; we built a much more modern and intuitive interface that both managers and investors can use with ease and really admire,” says Bar Mor, Co-founder and CEO at Agora. As many companies are still skeptical about taking the plunge into a digitized operational workflow, Agora has built an advanced data transfer tool that can read through multiple types of documents such as spreadsheets and PDFs and categorize them based on their content. Users can easily transition their data sets into Agora’s investment management system and allow the AI and Machine Learning algorithms to handle the rest. The real-estate technology solution provider also conducts pilots with companies for free to further highlight the prowess of their investment management software.
Our Software Allows An Investment Manager Or Even A CEO Or Real-Estate Investment Management Company To Just Click On An Investor Link In The Dashboard And Immediately View, Print, Or Email All The Details To An Investor
Analysts no longer need to spend hours going through every individual document to answer all property and investment-related queries such as current and future performance and profit projections. “Our software allows an investment manager or even a CEO or real-estate investment management company to just click on an investor link in the dashboard and immediately view, print, or email all the details to an investor,” comments Mor. Investors can see the exact amount of money they have received as well as future profit projections based on commitments that were decided prior. With added capabilities to deliver the information to investors or other stakeholders rapidly, Agora helps its clients create a wholesome relationship with investors.
Agora’s functionality also allows real estate investment management firms to further simplify investor reporting by providing a robust CRM that helps the firms keep track of all investor accounts, and automate fundraising and profit payout. In the current scenario, as COVID-19 continues to cause unforeseen changes in every enterprise sector, demands for transparency and digital presence amongst the general consumer market are rising. Agora’s software allows its users to communicate with their investors through an exclusive portal while also eliminating the tedious process of manually double checking the documents, and countersigning of back and forth emails.
Electra, one of the most active multifamily real-estate developers in the US is an early adopter of Agora’s solution. The realtor has moved all of its data to the automated investment management system and is able to deliver accurate reports to its investors with just two clicks of a button. In addition, Agora is the only real-estate investment management solution provider with in-built integration into a company’s banking systems, and this allowed the client to fully automate their account payables and receivables. “If an investor schedules a meeting to discuss an account, our clients do not need to request additional time for an analyst to create a report and send it out later. They can just open the computer, click on two buttons and open an accurate report in the meeting itself,” elucidates Mor.
Most Solutions Are Not User-Friendly Or Inconvenient To Operate; We Built A Much More Modern And Intuitive Interface That Both Managers And Investors Can Use With Ease And Really Admire,” Says Bar Mor, Co-Founder And CEO At Agora
Growing progressively over the years, Agora has strengthened its own team of experts and generates tremendous profits not just for itself but also for its clients. The company sets the standards of operation at a very high level and will continue to enhance the functionality and usability of its investment management offerings.