Melanie Patterson – The Close https://theclose.com/author/melanie-patterson/ Your #1 Source For Actionable Real Estate Advice Wed, 07 May 2025 12:27:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://assets.theclose.com/uploads/2017/12/theclosefbprofile2-60x60.png Melanie Patterson – The Close https://theclose.com/author/melanie-patterson/ 32 32 7 Steps to Writing a Real Estate Business Plan (+ Template) https://theclose.com/real-estate-business-plan/ https://theclose.com/real-estate-business-plan/#comments Tue, 06 May 2025 15:25:16 +0000 https://theclose.com/?p=4120 Whether you are a solo agent, leading team or founding a brokerage, our free real estate business plan templates will help focus your strategy, define your goals, and lay your path for growth and success.

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Your real estate business plan is more than a to-do list; it’s your playbook for dialing in the right marketing tactics and smashing your revenue targets. Agents who invest in strategic planning consistently close more deals and build a lasting reputation. In this guide, I’ll teach you how to craft a business plan. 

Before we dive in, download our free real estate business plan template to follow along.

Screenshot of Real Estate Business Plan Template
Grab My Real Estate Business Plan Template

Key takeaways:

  • A well-crafted business plan serves as your roadmap to success. It guides your decisions and keeps you focused on your goals.
  • Create a solid plan by defining your mission, vision, and values, analyzing your market and ideal client, conducting a SWOT analysis, setting SMART goals, and creating a financial plan.
  • Regularly track your progress, review key performance indicators (KPIs), remain flexible, and hold yourself accountable to ensure long-term success.
  • Remember, your realtor business plan should evolve as your business grows. Embrace change and stay focused on your goals to realize your real estate dreams.

Step 1: Identify who you are as a real estate agent

Let’s start with your “why.” Understanding the purpose behind choosing real estate is crucial, as it forms the foundation for your business plan and guides your decision-making process. Defining your mission, vision, and values will help you stay focused and motivated as you navigate your real estate career.

Mission: Your mission statement defines your purpose for pursuing a career in real estate. It clearly states what you’re trying to do, the problem you want to solve, and the difference you want to make.

📝Example: 

Wanda Sellfast’s mission is to empower first-time homebuyers in Sunnyvale, California, to achieve their dream of homeownership and build long-term wealth through real estate.

Vision: Your vision statement focuses on the outcome you want for your clients and community.

📝Example: 

Wanda Sellfast’s vision is a Sunnyvale where everyone can own a home and build a stable, secure future, creating a more inclusive and prosperous community for all.

Values: Your core values are the guiding principles that shape your behavior, decisions, and interactions with clients and colleagues.

📝Example:

Wanda Sellfast’s core values include:

  • Community: Building strong, vibrant communities and giving back.
  • Integrity: Being honest, transparent, and ethical in all dealings.
  • Dedication: Being devoted to clients’ success and going the extra mile.

Clearly defining your mission, vision, and values lays the foundation for a strong and purposeful real estate business that enables you to positively impact your clients’ lives and your community.

Step 2: Analyze your real estate market

As a real estate professional, you must deeply understand your local market. This knowledge encompasses key metrics, including average days on market, average price points, common home styles and sizes, and demographic trends. When someone asks about the market, you should be able to recite those numbers confidently without hesitation.

To quickly become the local expert, choosing specific farm areas to focus on is crucial. Concentrate your marketing efforts and build your local knowledge in a handful of communities and neighborhoods. Some places to do research include:

  • Your local MLS: Check your hot sheet daily.
  • Zillow: Scan through the Premier Agents who show up in your neighborhood.
  • Social media: Review who targets their posts in your area.
  • Direct mail: Check your mailbox for flyers and postcards.
  • Drive by: Drive through your farm areas to see who has signs in their yards.
Row of small houses in different colors.
Spot trends and opportunities by diving into your local market data

Once you’ve identified your target areas, start conducting comparative market analyses (CMAs) to familiarize yourself with the properties and trends in those neighborhoods. That way, you’ll provide accurate insights to your clients and make informed decisions in your business.

Remember to research your competition. Understand what other agents working in the same area are doing and who they’re targeting, and identify any gaps in their services. This understanding will help you differentiate yourself from your competition and better serve your clients’ needs. In our real estate business planning template, I ask you to examine and record:

  • Trends: Track key metrics, such as days on market and average sold prices, to stay informed about your specific market.
  • Market opportunities: Identify situations where there are more buyers and sellers (or vice versa) in the marketplace so you can better advise your clients and find opportunities for them and your business.
  • Market saturation: Identify areas where there may be an oversupply of specific property types or price points, enabling you to adjust your strategy accordingly.
  • Local competition: Analyze your competitors’ strengths, weaknesses, and gaps in their services to identify opportunities for differentiation and possibilities to create a more meaningful impact.

Remember, real estate is hyper-local. While national and state news can provide some context, your primary focus should be on specific needs and trends within your target areas and the clients you want to serve. By thoroughly analyzing your local real estate market, you’ll be well-equipped to make informed decisions, provide valuable insights to your clients, and ultimately build a thriving business.

Step 3: Identify your ideal clients

When creating your real estate business plan, it’s crucial to identify your ideal client. You can’t be everything to everyone, no matter how much you think you should. And trust me, you certainly don’t want to work with every single person who needs real estate advice.

By focusing on your ideal client, you’ll create a targeted marketing message that effectively attracts the right people to your business — those you want to work with.

Two young women looking at a laptop together in a coffee shop.
Define who you serve best to attract more of the right clients

Think of your target market as a broad group of people who might be interested in your services, while your ideal client is a specific person you are best suited to work with within that group. To create a detailed profile of your ideal client, ask yourself questions like:

  • What age range do they fall into?
  • What’s their family situation?
  • What’s their income level and profession?
  • What are their hobbies and interests?
  • What motivates them to buy or sell a home?
  • What are their biggest fears or concerns about the real estate process?

Answering these questions will help you create a clear picture of your ideal client, making it easier to tailor your marketing messages and services to meet their needs. Consider using this ideal client worksheet, which guides you through creating a detailed client avatar. This will ensure you don’t miss any critical aspects of their profile, and you can refer back to it as you develop your marketing plan.

By incorporating your ideal client into your overall business plan, you’ll be better equipped to make informed decisions about your marketing efforts, service offerings, and growth strategies. This clarity will help you build stronger relationships with your clients, stand out from the competition, and ultimately achieve your real estate business goals.

Step 4: Conduct a SWOT analysis

If you want to crush it in this business, you’ve got to think like an entrepreneur. One of the best tools in your arsenal is a SWOT analysis. It sounds ominous, but don’t worry — it’s pretty simple. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. It’s all about taking a good, hard look at yourself and your business.

Infographic of a SWOT analysis with strengths, weaknesses, opportunities, and threats.

By conducting a SWOT analysis as part of your real estate business plan, you’ll have a clear picture of your current situation and future goals. And don’t just do it once and forget about it — review and update it regularly to stay on top of your game.

StrengthsOpportunities
What do you excel at? Maybe you're a master negotiator or know how to find hidden gem properties. Whatever it is, own it and make it the backbone of your strategy.What's happening in your market that you can use to your advantage? Is there an untapped niche or a new technology that could help you streamline your business?
WeaknessesThreats
We all have weaknesses, so don't be afraid to admit yours. You may not be the best at staying organized or are struggling with marketing. The key is to be honest with yourself and either work on improving those areas or hire someone to help you.There's competition out there, but don't let that keep you up at night. Instead of obsessing over what other agents are doing, focus on your game plan and stick to it. Identifying threats means recognizing things outside your control that could hinder your success, such as a slowing real estate market or limited inventory.

Step 5: Establish your SMART goals and sustainability targets

In real estate, you can’t just set vague targets. You need SMART goals (Specific, Measurable, Achievable, Relevant, and Time-bound) that act as the building blocks of your realtor business plan. Your SMART real estate goals should drive everything from growing your client base to reducing your carbon footprint.

The table below shows how to establish strong SMART goals, along with examples that cover both revenue targets and sustainability efforts:

SpecificFocus on a particular niche, outcome, or behavior.🎯 10 closings by September 30, 2025
🌿 Cut office electricity use by 5% in Q3.
MeasurableAttach metrics or benchmarks that you can track weekly or monthly.🎯10 closings by September 30, 2025
🌿5% year-over-year energy reduction
AchievableAssess past performance and available tools. Set a challenging yet reachable bar.🎯Ten closed deals are doable in your real estate market.
🌿A 5% energy savings is realistic.
RelevantEnsure that your goal aligns with your core business and has a long-term impact.🎯Drives commission revenue and grows your business
🌿Lowers overhead costs and appeals to eco-conscious clients
Time-boundSet a clear deadline.🎯By December 31, 2025.
🌿By December 31, 2025, our office should have energy-efficient lighting, windows, and doors.

6. Create your financial plan

Financial planning might not be your idea of a good time, but this is where your real estate business plan comes together. Most of the heavy lifting is already complete, thanks to all the research and strategizing done earlier. Now, it’s just a matter of plugging in the numbers and ensuring everything adds up.

For this part of your real estate business plan, you’ll want to account for all your operating expenses. That means everything from your marketing budget to your lead generation costs. Don’t forget about the little things (like printer ink, file folders, thank-you notes, etc.) — they might seem small, but can add up quickly. 

Some typical expenses to consider include:

Once you’ve figured out your expenses, it’s time to reverse-engineer the numbers and determine how many deals you need to close each month to cover your costs. If you’re just starting out and don’t have a track record to go off of, no worries! This planning period allows you to set a budget and create a roadmap for success.

If you’re evaluating your starting assets and realizing they don’t quite match your startup costs, don’t panic. This new insight suggests that you must revisit and refine your strategy until the numbers align with your goals. It might take some trial and error, but getting your financial plan right from the start is worth it.

Pro tip: Keep your personal and business finances separate. Never dip into your personal cash for business expenses. Not only will it make tax time a nightmare, but it’s way too easy to blow your budget without even realizing it.

Step 7: Track your progress and adjust as needed

You’ve worked hard and created a killer real estate business plan and are ready to take on the world. However, remember that your business plan isn’t a one-time deal. It’s a living, breathing document that needs to evolve as your business grows and changes. That’s why tracking your progress and making adjustments along the way is so important. 

Here are a few key things to keep in mind:

  • Set regular check-ins: Schedule dedicated time to review your progress and see how you’re doing against your goals, whether weekly, monthly, or quarterly.
  • Keep an eye on your KPIs: Your key performance indicators (KPIs) are the metrics that matter most to your business. Metrics such as lead generation, conversion rates, and average sales price can clearly show your performance.
  • Celebrate your wins: When you hit a milestone or crush a goal, take a moment to celebrate. Acknowledging your successes will keep you motivated and energized.
  • Don’t be afraid to pivot: Change course if something isn’t working. Your real estate business plan should be flexible enough to accommodate new opportunities and shifting market conditions.
  • Stay accountable: Find an accountability partner, join a mastermind group, or work with a coach to help you stay on track and overcome obstacles.

Remember, your real estate business plan is your roadmap to success. But even the best-laid plans need to be adjusted from time to time. By tracking your progress, staying flexible, and keeping your eye on the prize, you’ll be well on your way to building the real estate business of your dreams.

Why agents need a real estate business plan

Your real estate agent business plan is your roadmap to success. Think of it as your GPS: it maps out where you are today, where you want to go, and the steps to get there. When the market shifts or challenges arise, your business plan is the guiding star that keeps you focused.

A well-crafted business plan helps you:

  • Understand your current position in the market
  • Set clear and achievable goals
  • Create a roadmap for success
  • Track your progress and performance
  • Make informed decisions and adjustments

Pro tip: Invest the time to create a solid real estate business plan to stay on track, hit your goals, and thank yourself later for avoiding aimless detours in your career. Without it, you risk losing direction and focus in your career.

FAQs




Your take

Now you’ve got the steps — no more guesswork. A solid real estate business plan isn’t extra work; it’s your edge. Take the time to map it out and make it happen. Have you created your real estate business plan? Share your experience in the comments!

The post 7 Steps to Writing a Real Estate Business Plan (+ Template) appeared first on The Close.

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7 Best Online Real Estate Schools in California (CA) for 2025 https://theclose.com/best-online-real-estate-school-california/ https://theclose.com/best-online-real-estate-school-california/#comments Mon, 21 Apr 2025 12:50:16 +0000 https://theclose.com/?p=7174 If you’re searching for the best real estate schools in California, we've evaluated the ones with feature-rich, comprehensive, and convenient packages to suit every type of learning style.

The post 7 Best Online Real Estate Schools in California (CA) for 2025 appeared first on The Close.

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Becoming a real estate agent in the Golden State means tackling 135 hours of coursework — but the right school can make it a breeze. The best online programs balance flexible schedules, affordable pricing, and engaging lessons. To help you hit the ground running, here are our top picks for the best online real estate schools in California.

The Close’s Top Picks of Best Online Real Estate Schools in California

Our Top Picks
Best for
Starting Price*
Read More Below
US Realty Training Logo
Live instruction
$154.99
US Realty Training ↓
Enroll in US Realty Training
The CE Shop logo
Continuing education
$139
The CE Shop ↓
Enroll in The CE Shop - Use promo code: TheClose35 to save 35%!
Colibri Real Estate logo.
$Exam prep
$199
Colibri Real Estate ↓
Enroll in Colibri - Use promo code: TheClose40 to save 40%!
Kaplan real estate education logo
Career advice
$399
Kaplan ↓
Enroll in Kaplan - Use promo code: KAPRE5 to save 5%!
Aceable Agent logo.
Learning on the go
$199
Aceable Agent ↓
Enroll in Aceable - Use our link to save 25%!
onlineed logo
Students on a budget
$129
OnlineEd ↓
Enroll in OnlineEd
Allied Real Estate Schools logo
Customer support
$199
Allied Schools ↓
Enroll in Allied Schools - Use promo code: TheClose30 to save 30%!

Need to learn more about California education requirements before choosing a school? Check our guide on how to become a real estate agent in California in 7 easy steps, or jump to our helpful California licensing info section.

Best for live instruction: US Realty Training

US Realty Training
Pros
  • Variety of class formats
  • Local company
  • Offers free trial
  • Pass guarantee in all prelicensing packages
  • Job assistance through a partnership with local brokerages
Cons
  • Payment plan only offered with live training package
  • Free course access for only six months
The Close Score
4.9
Value:
4.3
Learning Format & Accessibility:
4.5
Course Features:
3.4
Help & Support:
4.5
Reputation:
5.0
Expert Score:
5.0
out
of
5

My Expert Opinion on US Realty Training

Besides being a local company with access to local brokerages in the state, US Realty Training specializes in both live instruction and online classes, making it one of the best online real estate classes in California. The school offers California real estate courses with many schedules on its campuses across the state. US Realty Training’s live, in-person classes deliver hands-on practice, real-time feedback, and valuable networking opportunities.

If you need more convincing on US Realty Training, I encourage you to register and use the three-day free trial to check out its magnificent online student dashboard and discover why it has the best real estate online courses. It’s definitely worth it!

💡Room for improvement: I’d like US Realty Training to improve by adding more interactive features for students. Study groups among students and one-on-one coaching sessions will lead to a more engaging experience.

US Realty Training Cost

Whether you end up with an online-only course or an in-person one, US Realty Training doesn’t skimp on extra features. Each course package comes with excellent online trainer support and job assistance.

Type of Education
Price Range
Standout Features
Prelicensing
$75-$399.99
  • E-books, printable slides, and flashcards
  • State exam application assistance
  • Pass guarantee and job assistance
Continuing Education
$159
  • One year of access to online courses
  • Open book quizzes and chapter exams
  • Includes implicit bias training
Broker Prelicensing
$75-$270
  • E-books, printable slides, and flashcards
  • Access to a YouTube channel with over 200 videos
  • Online trainer support and job assistance
Exam Prep
$50-$175
  • Application assistance
  • Practice tests
  • Practice exam bank with over 2,000 questions

Best for Continuing Education: The CE Shop

The CE Shop
Pros
  • Expertly designed curriculum
  • Easy-to-use online platform
  • Pass or Don’t Pay guarantee
  • Exam prep packages include lots of features
  • Offers self-paced and livestream course options
Cons
  • The Basics doesn’t come with test prep materials
  • No access to local real estate brokerages
The Close Score
4.9
Value:
5.0
Learning Format & Accessibility:
3.0
Course Features:
4.1
Help & Support:
5.0
Reputation:
4.0
Expert Score:
5.0
out
of
5

My Expert Opinion on The CE Shop

If you’re looking for a California real estate school with many continuing education options after you get licensed, this is the one. In California, agents must complete 45 hours of CE every four years to renew their license. 

The CE Shop prides itself on interesting CE courses that will keep you returning every renewal period. Whether you’re renewing your license for the first or tenth time, The CE Shop’s courses are always relevant to the ever-changing real estate landscape.

💡Room for improvement: In all the times I’ve reviewed The CE Shop, I’ve never seen it include networking opportunities for students and agents. I’d like The CE Shop to offer more interactive package features, such as live webinars and Q&A sessions.

The CE Shop Cost

Whichever package you choose from The CE Shop’s best real estate classes online, expect lots of bonus resources — even from its most basic ones.

Type of Education
Price Range
Standout Features
Prelicensing
$139-$399
  • Exam Prep Edge
  • Business e-books
  • Career resources and digital flashcards
Post-licensing and Continuing Education
$19-$155
  • Individual or packaged courses
  • Available for both salesperson and broker
  • NAR Ethics course
Broker Prelicensing
$115
  • Only 135 hours of courses are available
Exam Prep
$135
  • Initial assessment
  • Interactive dashboard and unlimited simulated exams
  • Individual lessons per topic

Save 35% when you use our code “TheClose35

Best for Exam Prep: Colibri Real Estate

Colibri Real Estate
Pros
  • Expertly designed curriculum
  • Easy-to-use online platform
  • Pass or Don’t Pay guarantee
  • Exam prep packages include lots of features
  • Offers self-paced and livestream course options
Cons
  • The Basics doesn’t come with test prep materials
  • No access to local real estate brokerages
The Close Score
4.6
Value:
5.0
Learning Format & Accessibility:
3.5
Course Features:
3.4
Help & Support:
3.0
Reputation:
4.7
Expert Score:
5.0
out
of
5

My Expert Opinion on Colibri Real Estate

Colibri Real Estate’s exam prep materials are worthy of special mention. The exam prep packages may be pricey, but everything included will help you pass the real estate exam. With Colibri’s test prep materials, you’ll get audio review guides to help you retain information easily, simulated exams to master common exam topics, and a readiness assessment to see how prepared you are for the exam. Check out our Colibri review for more information.

💡Room for improvement: I’d like Colibri to offer students direct access to local brokerages and an online community of nearby agents for real‑world networking and mentorship.

Colibri Real Estate Cost

Almost all of Colibri Real Estate’s packages come with a Pass or Don’t Pay guarantee, which means you may be eligible for a full refund if you don’t pass the real estate exam on your first try.

Type of Education
Price Range
Standout Features
Prelicensing
$199-$419
  • Instructor support and real estate study guides
  • Buffini & Company coaching videos
  • Exam Crammer webinar series
Post-licensing
$69
  • Individual and packaged courses available
  • Narrated audio with adjustable speeds
  • NAR ethics course
Broker Prelicensing
$319-$399
  • Principles of Real Estate Practice e-book
  • Math real estate e-book
  • 1-year RISMedia Premier Membership
Exam Prep
$115-$219
  • Audio review guides
  • Flashcards
  • Simulated exams

Use our code “TheClose40” to get 40% off!

Best for Career Advice: Kaplan

Kaplan
Pros
  • Variety of class formats
  • Exam prep included in all packages
  • Interactive study groups
  • Career Mentor Connect via Zoom
  • One-stop shop for all your California real estate classes
Cons
  • Dated interface, not a great mobile experience
  • No pass guarantee
  • No in-person classes
The Close Score
4.4
Value:
5.0
Learning Format & Accessibility:
2.5
Course Features:
3.3
Help & Support:
4.0
Reputation:
4.7
Expert Score:
4.7
out
of
5

My Expert Opinion on Kaplan

Kaplan meets the demands of auditory and visual learners through its flexible learning options. I recommend its Career Launcher, which gives you access to mentorship sessions and live online coaching. 

This sets Kaplan apart because, while most schools focus solely on helping you pass the exam, Kaplan goes a step further by teaching real-world skills you’ll actually use in your career. Read our in-depth review of Kaplan for more information.

💡Room for improvement: Kaplan should start offering a pass guarantee. This guarantee will increase the number of its students and add more value to its prelicensing and exam prep packages. If the other schools on our list have a pass guarantee, Kaplan should level up, too.

Kaplan Cost

All packages include weekly live mentorship sessions online and access to an interactive study group. The more expensive options include printed textbooks, live online coaching, and separate courses that cover test prep and sales techniques.

Type of Education
Price Range
Standout Features
Prelicensing
$169-$749
  • Exam prep materials
  • Live Online Learning Hub
  • Career Mentor Connect via Zoom
Post-licensing
$16-$144
  • Individual and packaged courses available
  • E-books included with all courses
Continuing Education
$16-$144
  • Available in home study, live online, or on-demand video format
  • Interesting range of elective courses
Broker Prelicensing
$169-$839
  • Mandatory and elective courses
  • Exam prep online video course and workbook
  • Broker drill and practice QBank
Exam Prep
$29-$199
  • Available in home study, live online, or on-demand video format
  • Workbook with lecture outlines and practice questions

Use our code “KAPRE5” to save 5%

Best for Mobile: AceableAgent

Aceable Agent
Pros
  • Great learning platform for mobile
  • Live webinars and private tutoring are included in the premium package
  • Pass guarantee
Cons
  • No CE course offerings
  • No live instruction option
  • No career assistance or networking opportunities
The Close Score
4.2
Value:
2.3
Learning Format & Accessibility:
3.8
Course Features:
3.3
Help & Support:
5.0
Reputation:
4.5
Expert Score:
4.5
out
of
5

My expert opinion on AceableAgent

AceableAgent has the best real estate classes in California for mobile learning. As the only school on this list with a mobile app, AceableAgent will give you the bang for your buck. Its basic package includes all the essentials, plus user-friendly learning tools. So, if you’re a go-getter who likes accomplishing tasks simultaneously, you’ll like AceableAgent’s mobile app. Read lessons, answer questions, and even listen to the narration on your app on the go!

💡Room for improvement: It would be great if AceableAgent could expand its services to more states and offer continuing education and post-licensing courses. Read more about AceableAgent in our review.

Aceable Agent Cost

AceableAgent’s prelicensing course packages include a pass guarantee and many practice questions to help you ace the real estate exam.

Type of Education
Price Range
Standout Features
Prelicensing
$199-$419

  • Instructor support

  • Progress monitoring and personalized study recommendations

  • Private tutoring, live webinars, and instructor Q&A in premium package

Exam Prep
$59-$99

  • National and state questions

  • Videos, audio lessons, and live online webinars

  • E-book, flashcards, and worksheets

Best for Students on a Budget: OnlineEd

OnlineEd
Pros
  • Very affordable
  • Offers self-paced courses
  • Practice tests included in two of three packages
Cons
  • Text-heavy courses
  • No access to live instructors
  • No live instructor support
The Close Score
3.9
Value:
4.3
Learning Format & Accessibility:
1.5
Course Features:
2.9
Help & Support:
4.0
Reputation:
4.4
Expert Score:
4.5
out
of
5

My Expert Opinion on OnlineEd

If you’re looking for good online real estate schools that won’t break the bank, OnlineEd is definitely one of them. Since it’s the most affordable option on my list, OnlineEd doesn’t include many bonus materials in its packages. You’ll get text-heavy courses, which are beneficial if you learn best by reading. In addition, you’ll have 24/7 access to all materials, allowing you to study on your mobile or desktop anytime.

💡Room for improvement: While I know that all of OnlineEd’s courses are designed for the budget-conscious, it wouldn’t hurt to include extra features such as prerecorded real estate videos for visual learners.

OnlineEd Cost

All of OnlineEd’s offerings come with a printable certificate, which you’ll get after finishing the course.

Type of Education
Price Range
Features
Prelicensing
$129-$389
  • Self-paced online courses
  • E-books
  • Practice tests
Continuing Education
$6-$52.94
  • Individual and packaged courses
  • Available on desktop and mobile
Broker Prelicensing
$349-$599
  • Textbook and practice quizzes

Best for Customer Support: Allied Schools

Allied Schools
Pros
  • Student support via live chat, email, or phone
  • CompuCram exam prep
  • Offers CA Allied CE membership
  • Top tier package includes CA Insider exam guide
Cons
  • Pricey
  • The most basic prelicensing package doesn’t include test prep materials
The Close Score
3.6
Value:
2.0
Learning Format & Accessibility:
3.0
Course Features:
3.1
Help & Support:
4.5
Reputation:
4.0
Expert Score:
3.8
out
of
5

My Expert Opinion on Allied Schools

Allied Schools, now partnered with Colibri Real Estate, offers the best online real estate courses in California, backed by exceptional customer support. 

Since Allied shares resources with Colibri, students get access to many of the same high-quality materials, like interactive lessons and practice exams. Allied’s team can always answer questions by phone, email, or live chat during business hours. Allied is a top choice if you seek dependable customer service.

💡Room for Improvement: Allied Schools’ prelicensing package starts at $199, making it the most expensive basic package on our list — but it doesn’t even include exam prep materials. At that price, Allied Schools should at least include tools like flashcards or a study schedule to help students prepare for the licensing exam.

Allied Schools Cost

Allied Schools offers top-notch student support regardless of the type of real estate classes you’re enrolling in.

Type of Education
Price Range
Features
Prelicensing
$199-$499
  • Self-paced online and livestream course packages
  • CompuCram exam prep
  • Buffini & Company career coaching videos
Continuing Education
$14-$97
  • CA Allied CE membership plan for a year
  • Mandatory and elective courses
Broker Prelicensing
$72-$479
  • Choose from 1 to 8 broker courses
  • Live student support
Exam Prep
$145
  • Exam Cram webinars
  • Vocabulary study and practice tests
  • Readiness Indicator

Save 30% when you use our code “TheClose30

How we selected the best online real estate schools in California

Regarding our methodology at The Close, our team of licensed real estate professionals, writers, and editors created a weighted rubric that evaluates the best online real estate courses California. 

Our experts have done hours of research to analyze dozens of real estate schools to determine the best for our readers. The features we explored are essential for students to become successful agents and brokers in the real estate industry. 

Our detailed criteria included the following:

  • Course features (25%)
    • This comprises items that assist agents and brokers in completing their education, like pass and refund guarantees, career and instructor support, coaching, training, interactive study groups, and course extensions.
  • Value (20%)
    • Pricing and availability of coursework are essential factors to assess. This accounts for real estate school offerings in prelicensing, post-licensing, continuing education, broker prelicensing, and exam prep.
  • Learning format & accessibility (20%)
    • Real estate professionals must consider the best format for their learning, which includes self-paced, on-demand video, live streaming, and in-person classes. Also, accessibility via multiple devices, like computers, tablets, and mobile devices, determines user convenience. 
  • Expert score (15%)
    • The Close closely reviews each course for standout features, details, ease of use, and the value for money spent from a real estate expert’s perspective. 
  • Help & support (10%)
    • If students need additional support, they must be aware of the customer service options available through phone, email, live chat, and the ticket system. 
  • Reputation (10%)
    • This examines the reputation of each real estate school through the lens of current and past students, reviewing each provider’s customer reviews and popularity.

Helpful California Licensing Info

The Close logo
Quick Facts
account_balance

California real estate governing body:

California Department of Real Estate

schedule

Prelicensing requirements:

135 hours

inventory

Post-licensing requirements:

45 hours within four years of becoming licensed

school

Continuing education requirements:

45 hours every four years from the date of initial licensure

FAQs




Your take

I hope I’ve helped you choose from this list of top-rated online real estate schools in California. At The Close, we’re committed to helping you thrive and succeed in our industry. Still have unanswered questions? Leave us a comment below!

Sources

1 ZipRecruiter

2 Zillow

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Real Estate Trivia: 16 Fun Facts You Must Know in 2025 https://theclose.com/real-estate-facts/ https://theclose.com/real-estate-facts/#comments Mon, 07 Apr 2025 15:18:51 +0000 https://theclose.com/?p=13141 We compiled a list of real estate facts that are peculiar, surprising, quirky, and even bizarre — but they're all actually true.

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Real estate is packed with fascinating facts, from surprising historical tidbits to mind-blowing statistics. Whether you’re looking for a fun conversation starter, engaging social media content, or trivia to impress clients, these real estate gems are sure to entertain. ✨

Real estate through the ages

1. Sears used to sell mail-order houses.

Think Amazon revolutionized purchase-and-ship shopping? Think again! In the early 20th century, Sears, Roebuck & Co. let Americans order entire kit homes through Sears catalog homes — delivered straight to their doorsteps. 🚛 Sears sold over 70,000 home kits before ending production in 1940. Today, these historic Sears homes are rare finds, often selling quickly, thanks to their unique charm and craftsmanship. Keep an eye out — you might spot one on the market! 👀

Cover of Sears Modern Homes catalog in 1912
A Sears Modern Homes catalog (Source: Internet Archive)

2. Russia sold Alaska to the US for 2 cents per acre.

In 1867, Russia sold Alaska to the US for just $7.2 million — a mere two cents per acre, per the US Office of the Historian! At the time, many saw the land as a frozen wasteland, but it later proved to be a gold mine of natural resources like gold, oil, and timber. Talk about a bargain deal in real estate history! 💰

Auke Lake in Juneau, Alaska
Auke Lake in Juneau, Alaska (Source: Unsplash)

Fun facts about famous homes and places

3. The iconic Hollywood sign was originally a real estate stunt.

The Hollywood Sign wasn’t always a symbol of fame and fortune — it started as a real estate ad! Originally reading “Hollywoodland,” the sign was built in 1923 to promote a new housing development. Over time, the last four letters were removed, and it evolved into the legendary icon of the entertainment industry we know today. 🎬

The Hollywood Sign, circa 1924
The Hollywood Sign, circa 1924 (Source: Academy Museum of Motion Pictures)

4. The largest residential home is in Mumbai, India.

Antilia, the largest residential home in the world, is located in Mumbai, India, per the Guinness World Records. Owned by Mukesh Ambani, the chairman of Reliance Industries, this 27-story building spans 400,000 square feet and is worth an astounding $2 billion. The house features luxury amenities such as three helipads, nine high-speed elevators, a 50-seat theater, a snow room, and a 168-car garage. It definitely fits the criteria for weird real estate listings! ✨

Antilia' exterior, the largest residential home in the world
The Antilia (Source: Indiatimes)

5. A Canadian company owns the Mall of America.

The Mall of America is the largest mall in the US — it even has its own ZIP code! Owned by the Ghermezian family through their Canadian company, Triple Five Group, this megamall is part of their impressive real estate portfolio, including the West Edmonton Mall in Canada and the American Dream Mall in New Jersey. Originally from Iran, the Ghermezians have built some of the world’s most famous shopping destinations, proving their influence stretches far beyond North America! 🌍🏢

The Mall of America in Minnesota
The Mall of America in Minnesota (Source: The Denver Post)

6. Corner properties are considered less desirable in some countries.

In some countries, corner properties aren’t always the most desirable. While they offer more visibility and extra sidewalk space, they also come with increased traffic noise, fewer neighbors, and even a higher risk of burglaries. Plus, some buyers find them too exposed to pedestrians, making privacy a concern. Would you consider buying a corner lot, or would you rather stay tucked away? 🤔

Fenced-in corner house and lot
Do you have clients who dislike corner properties? (Source: Pinterest)

7. It’s bad luck to give a knife as a housewarming gift.

Gifting a knife for housewarming is considered bad luck in some cultures. According to superstitions, a knife symbolizes severing a relationship or cutting ties between the giver and the homeowner! 🔪 But if you want to give a knife as a housewarming gift, include a penny with the knife. This way, the homeowner can return the penny to you as “payment” for the knife. So, technically, it’s not a gift! Crisis averted! 😉

A knife on a brown wooden tray
Who doesn’t want a knife as a housewarming gift? (Source: Unsplash)

8. Architectural eagles symbolize freedom from mortgages.

There are many ways homeowners celebrate the full payment of their mortgage. One of the more popular (and deeply American) ways was to put a cast iron eagle on the outside of a home. The eagle represents strength and freedom, which align with financial independence. 🦅

A gold eagle plaque on a home's front door
Gold eagle plaque (Source: The Hill)

📖Related: Emerging Real Estate Industry Trends

Eye-opening real estate prices and sales

9. The most expensive ZIP code in the US is 94027.

If you still don’t know this, the most expensive ZIP code is located in Atherton, California.💰 According to data from Redfin, in February 2025, the median home price in Atherton was $12 million. Home to tech billionaires, celebrities, and Silicon Valley executives, Atherton’s exclusivity is maintained by large lots and strict zoning laws that limit housing density. This keeps property values sky-high and competition fierce!

A huge property in Atherton with a pool
Have you ever had a listing in Atherton? (Source: Business Insider)

10. A house sold on eBay.

In 2008, British adventurer Ian Usher took “starting fresh” to a whole new level — he put his entire life up for sale on eBay! 🏡🚗💼 This included his house, car, job, and even introductions to his friends in Perth, Australia. After a tough divorce, Usher decided to auction off everything he owned, with the winning bid coming in at $384,000 AUD ($305,000 USD at the time). Talk about a bold reset! 🔄

Ian Usher's property, which he auction off on eBay
Gallery: the “life” on offer? (Source: Ian Usher’s blog)

📖Related: Real Estate Agent Statistics, Insights & Trends

Real estate around the world

11. There is a toilet house in South Korea.

In South Korea, there’s a one-of-a-kind toilet-shaped house known as Haewoojae, or “Mr. Toilet House” 🚽. Originally the home of Sim Jae-Deok, a passionate advocate for better public restrooms, this quirky structure now serves as a museum dedicated to the history and evolution of toilets. 🚻 Would you ever list a toilet-shaped property on the market?

Haewoojae Museum also known as "Mr. Toilet House" in South Korea
Mr. Toilet House in South Korea (Source: BBC)

12. A building in Vietnam is full of coffee shops.

Coffee lovers, take note! ☕In Ho Chi Minh City, there’s a one-of-a-kind building called “The Cafe Apartment.” 🏢 This nine-story structure is packed with unique coffee shops, each offering its own ambiance and specialty drinks. Over the years, the building has become a popular destination for locals and tourists, providing a variety of cafes where you can enjoy a drink while overlooking the bustling city. Perhaps the only factor influencing your choice of a coffee shop for the day is its interior design.

📖Related article: Interior Design Trends Ready to Take Over

The Cafe Apartment in Ho Chi Minh City, Vietnam
The Cafe Apartment in Ho Chi Minh City, Vietnam (Source: Welcome to Vietnam)

13. Scottish homeowners paint their doors red to show they’re mortgage-free.

In Scotland, it’s said some homeowners celebrate paying off their mortgage in style — by painting their front door! 🎨🚪 This long-standing tradition is a proud symbol of financial freedom and a way to announce their big achievement to the world. After all, what’s more exciting than owning your home debt-free? 🎉

Red wooden doors
Red wooden doors — who doesn’t love a pop of color! (Source: Unsplash)

14. Japan demolishes houses after 30 years.

In Japan, homes are often demolished and rebuilt after about 30 years — a stark contrast to many countries where historic properties are prized. This practice is driven by many factors, including the necessity to meet evolving green building trends, earthquake safety standards, and a cultural preference for modernity. Would you tear down a home after just three decades? 🏗

📖Related article: Emerging Real Estate Industry Trends

A contemporary home in Fukui, Japan
A contemporary home in Fukui, Japan (Source: Naoki Myo)

15. Burj Khalifa’s elevator travels through 140 floors.

The Burj Khalifa isn’t just the tallest building in the world — it also has an elevator system that reaches incredible heights! 🏗 One of its elevators travels through 140 floors, making it the third-fastest elevator globally. But that’s not all — the Burj Khalifa also holds records for having the most floors and the highest occupied floor of any building. Now, that’s what you call taking things to the next level! 🚀

Dubai skyline with Burj Khalifa in the middle
The Burj Khalifa (Source: Unsplash)

16. Castles are for sale in the UK.

While homebuyers in the US are often drawn to the latest smart homes, those in the UK may find a different type of luxury appealing. If your client has millions to invest, tell them it’s possible to buy historic castles in Scotland and Ireland! 🏰 These castles, often set in sprawling estates, offer luxurious living and a chance to own a piece of history. Forget smart locks — how about a moat? 😆

A castle in Alloa, Scotland
A historic castle in Alloa, Scotland (Source: Strutt & Parker)

FAQs




The final walkthrough

If you love some of these real estate fun facts, share them online (you can use our best real estate social media templates). They’ll be a sure hit for your audience. Do you have more interesting facts about real estate up your sleeve? We’d love to hear them. Let us know in the comments!

The post Real Estate Trivia: 16 Fun Facts You Must Know in 2025 appeared first on The Close.

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How to Hire a Property Manager in 8 Steps https://theclose.com/how-to-hire-property-manager/ https://theclose.com/how-to-hire-property-manager/#respond Fri, 14 Mar 2025 13:45:40 +0000 https://theclose.com/?p=111230 Investors benefit from hiring a property manager to handle maintenance and daily responsibilities, allowing them to focus on more investments and personal interests.

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Investors benefit from hiring a property manager to handle maintenance and daily responsibilities, allowing them to focus on more investments and personal interests. When learning how to hire a property manager, it’s essential to define your needs and budget. You must also thoroughly research possible candidates—including their personality, experience, and communication skills—to identify a compatible option. 

Our step-by-step approach will guide you through when and how to hire a property manager, the qualities of a great property manager, and alternatives.

Step 1: Define Your Needs

Before hiring, you must determine the specific services you require from a property manager, such as tenant screening, maintenance, rent collection, and financial reporting. Additionally, consider the level of involvement you want in property management. Assess whether you need legal and regulatory compliance assistance, and define your expectations.

Here are some questions to ask yourself so you can determine your needs:

  • Are you looking for a hands-on role in decision-making, or do you prefer a more hands-off approach, delegating most responsibilities to the manager?
  • How often do you want to be notified about how your property is performing: weekly, monthly, quarterly?
  • What type of communication do you prefer? Email, video conference, in-person, or phone call?
  • How will you pay for the service? Will rents cover it, or will you pay a portion out of pocket?
  • Do you want interaction with tenants or to remain somewhat anonymous?
  • What is your real estate exit strategy, and does it align with the property management contract terms?
  • When and how do you want to receive your net proceeds? Direct deposit? A check? Monthly?
  • How much of an advance maintenance deposit do you want to provide? If repairs exceed this deposit, what amount can the property manager go over before contacting you?

Choosing Between a Property Manager & Property Management Company

As you master how to hire a property manager, you should also determine whether you’re interested in hiring an individual property manager or a property management company. The decision often depends on the size and complexity of your real estate portfolio, specific needs, and financial resources.

  • Those with a single property and wanting a more personal touch may find an individual property manager more suitable. Property managers can build a closer, one-on-one relationship with property owners and tenants, fostering better communication and trust. Additionally, property managers often charge lower fees, making them a cost-effective choice for owners with a single property. Their direct involvement and familiarity with the property can lead to quicker issue resolution.
  • Property owners with multiple properties or those needing comprehensive services typically opt for property management companies. Property management companies excel in managing more extensive portfolios, providing a more comprehensive array of services and maintaining established relationships with contractors and suppliers. These offer convenience and scalability for property owners with multiple units.

Step 2: Evaluate Your Budget

You want to ensure you’re charging enough rent to cover all the property’s expenses, including property management fees. Evaluate your budget and be realistic about the costs of hiring a property manager or management company, considering their fees and any additional expenses that may arise. Property management fees can range from 4% to 12% of the gross monthly rent, depending on location and property type. There may also be additional fees for things like leasing and maintenance.

If you know in advance the most you can afford to pay, you’ll be better prepared when you discuss fees with the property manager. It’s essential to strike a balance between your budget constraints and the quality of services you expect, as choosing a property manager solely based on cost may not always result in the best outcome for your property.

Step 3: Research & Interview

Research local companies or individuals—and don’t hesitate to ask fellow property owners for recommendations and interview several candidates. During these interviews, ask about their experience, credentials, and references to find the right fit for your property.

To find prospective property managers, start by contacting other investors, real estate agents, and landlords with firsthand experience. If you need further research, perform an online search with the keyword “property managers near me” (or your property). Read online reviews, check their social profiles, and evaluate their website.

A Google search of local property management companies.
Results from a local search for a property manager (Source: Google)

You’ll also want to speak with them in a formal interview. Prepare questions for your interview based on your needs. These can include things like pricing and fees, communication, tenant screening, and their references. Here are a few questions to help you brainstorm:

  • How long have you been in business?
  • How many properties are you currently managing?
  • Do you have a team or work alone?
  • What is your fee structure? Can you provide a list of all fees?
  • How often will you keep me updated?
  • Can I tour a few of your properties and speak to some landlords and tenants you manage?
  • What technology will you use?
  • Which vendors and subcontractors will you use to handle maintenance? What is the turnaround time for repairs?

Step 4: Check Qualifications

Before finalizing your choice, ensure the property manager meets all local licensing requirements and holds the necessary insurance coverage. It’s also crucial to do background research to confirm their track record and reputation in the industry. These steps will help you find a trustworthy, qualified professional to manage your property effectively.

Licensing and qualifications vary by state, but here are a few items to verify with the manager:

  • Most states require a property manager to have a real estate license and be at least 18 years of age (this requires specified education and passing an exam).
  • Proper documentation of insurance coverage.
  • Though not required, find someone with experience to reduce potential risks to your investment.
  • Certifications are not generally required, but there are many national property management organizations that provide education, training, and certifications, making it a bonus.

Step 5: Discuss Duties & Fees

When evaluating a property manager, talk to them about their duties and responsibilities at your properties, and how much they will be compensated for said duties and general job position. As discussed in step one, depending on your needs, talk about their processes for tenant selection, maintenance and repairs, emergencies, expenses and budgeting, and inspection procedures, as these are all crucial to your success.

Before finalizing your agreement with a property manager, and in accordance with their duties, it’s crucial to grasp the fee structure. This includes management fees, leasing fees, and any markups on maintenance. See to it that you inquire about any hidden costs or unexpected charges to avoid surprises. Property management fees typically fall within 8% to 12% of the property’s gross revenue, but confirming the specifics will help you budget accurately for your property management needs.

Pro tip: Besides their duties and fees, ensure your communication styles mesh to guarantee a good working relationship. Establish clear communication from the outset to set the right expectations and maintain a smooth working relationship with your property manager. Discuss the methods and frequency of updates on property performance and financial reports. This upfront clarity ensures you stay well-informed about your property’s status and financial matters throughout your partnership with the property manager.

Step 6: Visit Their Properties

Whenever feasible, consider visiting properties currently under the management of your candidate property manager. This allows you to assess firsthand their approach to maintenance and tenant relations.

Additionally, don’t forget to obtain and thoroughly check references. Reach out to the references provided by the property manager to gather valuable feedback from fellow property owners who have had direct experience working with them.

Step 7: Review Contracts

Take the time to thoroughly review the property management contract, focusing on fees, responsibilities, and terms to ensure they match your expectations and legal standards. It’s wise to consult an attorney before signing the contract to safeguard your interests. Additionally, inquire about their exit strategy, understanding how they plan to handle the management relationship should it need to end for any reason.

A screenshot of a sample property management agreement.
Sample property management agreement (Source: American Apartment Owners Association)

Step 8: Monitor Performance

Maintaining ongoing monitoring of your property manager’s performance is important to ensure they consistently meet your expectations and adhere to the terms outlined in the contract. Regular evaluation helps see to it that your property is well-managed and that issues or concerns can be promptly addressed to maintain the property’s value and tenant satisfaction.

While you don’t want to micromanage your property manager, you do want to ensure that they’re collecting rent, paying the bills, keeping units rented, and maintaining the building in good repair. Ultimately, your weekly, monthly, quarterly, and yearly reports will indicate if the property manager continues to perform well or has dropped the ball.

Qualities of a Great Property Manager & Red Flags to Avoid

While considering when you should hire a property manager, it’s crucial to begin by identifying the key qualities you seek, recognizing that an effective one should possess a diverse set of essential skills.

Essential Qualities
Red Flags
Solid communication skills
Poor communication
Problem-solving abilities
High tenant turnover and vacancy
Organizational skills
Lack of transparency
Knowledge of state, local, and federal housing laws
Maintenance neglect
Service-oriented
Financial irregularities

A great property manager needs strong communication and organizational abilities, which enable effective interaction with property owners and tenants while efficiently managing property operations. Additionally, they should demonstrate problem-solving skills and deeply understand housing and landlord-tenant laws and regulations, ensuring a smooth property management experience when you decide to hire a property manager.

Avoid those who lack transparency and effective communication, as these can lead to trust issues and misunderstandings. Steer clear of property managers who display negligence in maintenance or financial irregularities, as these issues may harm property conditions and financial stability. Financial irregularities include late or incomplete rent payments to property owners, mishandling of security deposits, or unexplained fees.

When to Hire a Property Manager (& When Not To)

When to Hire a Property Manager
When NOT to Hire a Property Manager
Need help managing out-of-state properties: Hiring a property manager can save you time, responding to emergency calls, and travel expenses if you don't live near your property, like managing your vacation rental property.Want to avoid extra expenses: Fees can be as high as 8%-12% of your gross monthly rental income. Before hiring, assess whether your investment property can remain profitable with the added expense.
Maintain large or multiple properties: The work can become overwhelming if you manage more than one or two properties or an apartment complex. A property manager or property management company can alleviate the stress.Have a small portfolio: If you only have one or two small properties and they’re located nearby, you may opt for self-management to keep down costs.
Want to avoid handling difficult tenants: Property managers serve as buffers between tenants and landlords and have a process to handle evictions, property inspections, leasing, and rent collection.Don’t want to relinquish control: Property management also may not suit owners wanting complete control, as it removes daily involvement. This shift can be challenging for those emotionally attached to their property or keen on self-management.
Are building a portfolio: If you're buying multiple rental properties, you may want to hire a property manager. The property manager can help stabilize and manage properties while you search for additional real estate.Don’t want the extra work finding the right property manager: Finding the right manager that aligns with your business preferences also may require additional effort and screening.
Are required by your lender to outsource property management: Some lenders require hiring a property manager. They may also require hiring one if the borrower has no prior experience with investment property or if your property is struggling financially.Have experience as a property manager: If you already have property management experience and don’t want to outsource, doing it yourself can be more cost-effective.

Maintaining even one property, let alone multiple rental properties, demands substantial effort. Engaging a property manager is smart for owners seeking assistance with property upkeep or those wishing to avoid daily maintenance responsibilities. When deciding when to hire a property manager—or not to—evaluate the benefits of hiring, including freeing up time toward additional property investments, quality family time, or personal pursuits.

Alternatives to Hiring a Property Manager

In cases where you decide against hiring a property manager, various circumstances may be at play. Perhaps the fees affect profitability, you reside in one of the units, or you prefer self-management. In such scenarios, other options can save significant time and money. These alternatives eliminate the need to chase tenants for rent collection, handle online landlord banking, respond to maintenance requests, and stay organized.

Online Property Management Software

Online property management software helps you manage your maintenance, tenant screening, leasing documents, and listing vacancies online. Online property management software offers comprehensive and a la carte property management. Also, it allows landlords to handle everything in one convenient place conveniently.

TenantCloud logo
avail logo
Buildium logoTurboTenant logo
Best for
Free property management software for up to 75 units
Independent landlords seeking comprehensive property management services
Property management firms handling up to 5,000 units
Most affordable paid subscription plan for property owners
Key features
  • Free plan and 14-day free trial
  • TC messenger, built-in communication tool for landlords and tenants
  • 512MB to 100GB storage space
  • Syndicates listings to sites, such as Zillow, Trulia, and Apartments.com
  • User-friendly platform
  • Online marketing, digital lease signing, online rent payment, and maintenance tracking
  • Built-in accounting software and calculators
  • Free professional website
  • Property management CRM tools
  • Buildium Academy training and support
  • Easy Craigslist posting
  • Free online rental application form and rent estimate report
  • Property listing and third-party integration
Pricing
Free; paid plans start at $12 monthly
Free; paid plan costs $7 per unit
$58 per month
Free; paid plans start at $10.75 monthly
Learn more
Visit TenantCloud
Visit Avail
Visit Buildium
Visit TurboTenant

Use AI to your advantage with TurboTenant’s FREE Lease Agreement Audit tool. It’s an AI tool made specifically to review your lease documents and detect risks so your leases stay compliant with constantly changing legal regulations. Just upload your lease and let TurboTenant do the rest. Plus, it’s 100% free and takes only 15 seconds to complete the audit. Check it out today!

Turnkey Rental Properties

When contemplating why to hire a property management company, turnkey properties are a good option if you want to buy a property that doesn’t require upfront maintenance, is sometimes fully rented, and has property management services. When considering a turnkey property, ensure the property management company is experienced. Review their property management agreement and interview them to guarantee they’re a good fit.

Roofstock’s single-family portfolios
Roofstock’s single-family portfolios (Source: Roofstock)

If you want to invest in turnkey real estate, Roofstock, one of our leading turnkey real estate companies, offers passive real estate investors several options. It includes the opportunity to invest in a property or a portfolio and also provides a 30-day money-back guarantee and a lease-up guarantee. It operates in 26 states and sells new and completely renovated single-family homes occupied by renters and maintained by a property management company.

Self-manage Rental Properties

If you only have a few units or are planning to buy a duplex, triplex, or fourplex and live in one unit, you might want to self-manage your rental properties. Hiring a property management company for a few units typically isn’t cost-effective. If you self-manage, you’ll need a separate bank account for handling rental income and expenses.

If you only have a few units, self-management may be easier.
If you only have a few units, self-management may be easier.

Crowdfunded Real Estate

If you want to own an investment property without any management responsibilities, you might consider investing in crowdfunded real estate. Real estate crowdfunding is financing investment property by pooling funds from numerous investors through online platforms. This collective investment allows individuals to participate in real estate projects with relatively small amounts of capital, often for fractional ownership or debt investments, aiming for shared profits or interest payments.

Frequently Asked Questions (FAQs)




Bottom Line

Hiring a property manager involves several key steps. Begin by defining your property management needs and budget constraints. Then, research and identify potential candidates or management companies and conduct thorough interviews. Verify their qualifications, reputation, and legal compliance next. You’ll also want to review contracts meticulously, consulting with an attorney if necessary, and understand the fee structure and fee ranges. Finally, establish clear communication channels and monitoring procedures to ensure a successful property management partnership.

The post How to Hire a Property Manager in 8 Steps appeared first on The Close.

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DoorLoop Review: Is It Right for Managing Your Rental Property? https://theclose.com/doorloop-review/ https://theclose.com/doorloop-review/#respond Thu, 13 Mar 2025 09:59:53 +0000 https://theclose.com/?p=110910 DoorLoop is an all-in-one online property management software with great features. Read our DoorLoop Review to learn if it is right for you.

The post DoorLoop Review: Is It Right for Managing Your Rental Property? appeared first on The Close.

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DoorLoop is a popular property management and rent payment software, earning a rating of 4.07 out of 5. It is an all-in-one software for investors, landlords, and property managers to manage one property or entire portfolios from one convenient platform. It offers online banking and accounting, leasing and property management, tenant management, and app integrations.

Our DoorLoop review evaluates this top-rated software, considering its general and advanced features, ease of use, customer satisfaction, affordability, customer service, and our unbiased expert assessment. Read along to see if DoorLoop is the right choice for your real estate business needs.

DoorLoop overview

DoorLoop
Pros
  • Rental listing management
  • Leases and applications
  • Maintenance requests
Cons
  • No “free-forever” plan
  • Fee-based Automated Clearing House (ACH) transactions
  • No free trial
The Close Score
4.1
Reviews
4.6
Expert score
3.8
Pricing
2.5
General features
5.0
Advanced features
4.0
Ease of use
5.0
Customer service
5.0
out
of
5

Recommended for

  • Landlords and property managers who want electronic leases and rental applications
  • Easy-to-use tenant portal
  • Built-in maintenance requests

Not recommended for

  • Real estate investors who want next-day rent payments
  • Those looking for a free platform
  • Free ACH payments

DoorLoop reviews: What users think

Score: 4.63 / 5

Positive reviews reported that the DoorLoop software covers what you need to manage your investment properties; thus, it received a high rating of 4.63 out of 5 based on our evaluation. One positive DoorLoop review appreciated that it has a mobile app to manage your rentals from anywhere. Another user said it helped hold all their real estate documents in one place and allowed tenants to pay their rent through the software.

  • GetApp: 4.8 out of 5 rating based on 286 reviews
  • Software Advice: 4.84 out of 5 rating based on 243 reviews
  • G2: 4.8 out of 5 rating based on 44 reviews

Negative reviews stated that the software is not simple to use. One negative DoorLoop review said that training is non-existent and many hidden fees exist. Another reported that you have to start over if you set it up wrong, and they charge to import the tenant’s information. If you’re looking for a simplified dashboard without additional fees, look to Baselane.

Would our expert use DoorLoop?

Score: 3.75 / 5

We highly recommend DoorLoop as an excellent resource for managing rental properties and portfolios of any size. Its easy-to-use platform with drag-and-drop functionality and simple dashboard makes it stand out among competitors. 

The convenient financial interface allows real estate investors and property managers to create reports based on their chosen criteria, like profit and loss statements and balance sheets, and it integrates seamlessly with QuickBooks. It has a convenient tenant portal where they can submit maintenance requests and pay their rent and other fees.

A few areas where it falls short of the competition, losing a couple of points, are with its popularity. However, the company is still very young, founded in 2020, and its popularity continues to grow. Additionally, although the platform appears easy to use in the DoorLoop demo, some negative reviews say otherwise. 

Lastly, it loses a few points for its costs. Monthly transactions and other fees make it difficult to compete with other software in the online property management space with free or lower-priced options.

DoorLoop alternatives

If you’re looking for alternative property management tools and resources, here are some of our recommended DoorLoop alternatives:

avail logo
baselane logo
Rentec Direct logo
TenantCloud logo
Best for
Automatic reminders
Free online rent collection, accounting, and Baselane banking
Rent collection and tenant screening tools
Streamlining property financials
Key features
  • Free account
  • Free bank account
  • Built-in bookkeeping
  • Vendor ACH payments
  • Comprehensive tenant screening reports
  • Online rental applications
  • Lease management
  • QuickBooks integration
  • Maintenance request tracking
Pricing
$0 to $7 per unit
$0
Starting at $45 per month
Starting at $15 per month
Learn more
Visit Avail
Visit Baselane
Visit Rentec Direct
Visit TenantCloud

DoorLoop plans and pricing

Score: 2.5 / 5

Every DoorLoop plan includes a tenant portal, e-signatures, tenant screening, property maintenance requests, client relationship management (CRM), accounting and financials, online rent collection, and email and chat support.

While it’s packed with features that landlords need, DoorLoop pricing for the basic package starts at $24.50 per month, which is higher than its competitors. Its mid-grade packages begin at $49.50 per month, and its Premium package is $74.50 for the first two months. It also lacks a free version or trial, thus receiving a very low score for pricing and plans.

With DoorLoop, you have the option of paying monthly or annually. Annual pricing is paid in full when you subscribe and provides a discount on the monthly pricing. The first two months of every plan are at a reduced price, with the 10 remaining months at the original price. It offers three packages with tiered pricing, with each upgrade adding features with corresponding price increases. DoorLoop pricing also increases by the number of units you own.

Check out the features for each below in the table below:

Monthly Pricing
(Billed Annually)
Features
Starter
$24.50 for the first two months;
$49 per month after
  • Accounting and financials
  • CRM for prospects
  • Maintenance
  • RapidRent online payments
  • Tenant screening
  • E-signatures
  • Email and chat support
  • Tenant portal
Pro
$49.50 for the first two months;
$99 per month after
Everything in Starter, plus:
  • Outgoing ACH payments
  • Owner portal
  • Market online
  • User access roles
  • Bank account reconciliation
  • Tenant announcements
  • Customizable dashboards
  • Email, chat, phone, and Zoom support
  • CAM charges
  • QuickBooks Online sync
  • Unlimited Zoom training sessions
Premium
$74.50 for the first two months;
$149 per month after
Everything in Pro, plus:
  • Fee waived for incoming ACH payments
  • API access
  • Zapier integration
  • Free personalized website
  • Unlimited users
  • Unlimited data storage
  • Unlimited free e-signatures
  • VIP priority support

General DoorLoop features

Score: 5 / 5

  • Mobile app
  • Support and onboarding
  • App integration
  • Manage any size portfolio or property type

DoorLoop’s general features garnered a perfect score, as they provide the tools to acquire and manage your tenants and properties. Manage from your computer or on the go with its convenient mobile app. Your tenants have a convenient app to communicate with you, pay rent and fees, connect their bank accounts, and submit maintenance requests. DoorLoop also integrates with thousands of apps through Zapier, including QuickBooks, FreshBooks, and Expensify.

DoorLoop's convenient mobile app.
The DoorLoop app simplifies workflow. (Source: DoorLoop)

There’s no limit on the numbers or types of properties you wish to manage. The software works with them all—residential, commercial, community association, affordable and workforce housing, self-storage, mobile homes, and student housing. Property management companies working for owners can also conveniently manage their investor clients.

DoorLoop demo (Source: DoorLoop YouTube channel)

Advanced DoorLoop features

Score: 4 / 5

DoorLoop is an all-in-one software with accounting, leasing, and tenant and property management features. You can sync bank accounts and automate your advertising, rent collection, and maintenance, freeing time for building your portfolio or nurturing your hobbies.

Owning multiple rental properties, keeping track of tenants, or collecting rent on time can become challenging. Its tenant portal allows them to automate rent payments so they don’t fall behind. If they do, it automatically assesses late fees so they can pay from the app.

A directory of DoorLoop features.
DoorLoop features tab (Source: DoorLoop)

Click on each of the sections below to learn more about the advanced features of DoorLoop:








Ease of use

Score: 5 / 5

DoorLoop received a perfect score as its dashboard is arranged in such a way that you have everything you need at your fingertips. The software is in-depth, but your information is easy to access from multiple locations within the software, and the search feature can take you directly to what you’re looking for. It’s so intuitive that when you input data in one section, it automatically populates the information in every other section where you want to access it.

A screenshot of the DoorLoop dashboard "Overview.".
DoorLoop demo showing its easy-to-use dashboard. (Source: DoorLoop YouTube channel)

It also has an excellent drag-and-drop feature to arrange information in the order that best suits your needs. It’s customizable, so you can add your logo and change the colors. The menu tabs in the sidebar make finding what you’re looking for even more effortless. And if you get stuck, customer service is just a chat, call, or email away.

Customer service

Score: 5 / 5

DoorLoop provides excellent live customer training and support at no extra cost; thus, we gave it a perfect score. Software users can contact them by phone, email, chat, or request a video call. Each customer is assigned an account manager and can get as much onboarding and training as they need.

A screenshot of all the customer support options.
Ways to access DoorLoop support (Source: DoorLoop YouTube channel)

This is because DoorLoop staff understands that not everyone is tech-savvy, and they want you to succeed and take advantage of all of the software’s bells and whistles to manage your property easily. It also has a FAQs section to answer quick questions when you don’t need to access customer service.

How we evaluated DoorLoop

The best property management software provides landlords, property managers, and real estate investors with the convenience of tools that can manage, track, and analyze their tenants and properties while allowing them to screen applicants and perform business banking, all from one easy-to-use platform.

We compared DoorLoop pricing, general and advanced features, customer service, subscriber reviews, and its ease of use side-by-side with the best property management companies. DoorLoop is a newer company that substantially impacts the online property management software market.

We researched the DoorLoop property management software based on the following criteria:

  • Advanced features 30%

Based on various rental payment features that help landlords and property managers simplify rent collection, improve cash flow, and secure rent transactions.

  • Pricing 25%

Pricing is based on the cost structure, a la carte options, and availability of online rent payment services for landlords and tenants.

  • General features 10%

It consists of various property management features like online payment collection and tenant screening for each tier to meet the specific needs of the property owners and tenants.

  • Ease of use 10%

Based on how easy it is to navigate the provider interface and if it provides hassle-free transactions and communication between property owners and tenants.

  • Customer rating 10%

Based on customer feedback for each platform, the functionalities that are most useful for property managers, and areas that need further improvement.

  • Expert score 10%

Our team’s expertise in the field and firsthand experience with the providers allow us to evaluate the standout features, value for the money, and ease of use for rent payment service software.

  • Help and support 5%

We looked into the convenience and attainability of customer service for technical and customer support.

Bottom line

Our DoorLoop review shows that it is an excellent property management software for landlords, investors, and property managers who want the convenience of properties, tenants, maintenance, and owners from one convenient platform. 

You can collect rent, screen tenants, manage leases and applications, and use its powerful CRM to manage owners and prospective tenants. Its seamless integration with QuickBooks Online and other apps allows you to create financial reports, making tax time easier.

The post DoorLoop Review: Is It Right for Managing Your Rental Property? appeared first on The Close.

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https://theclose.com/doorloop-review/feed/ 0 DoorLoop Review: Is It Right for Managing Your Rental Property? DoorLoop is an all-in-one online property management software with great features. Read our DoorLoop Review to learn if it is right for you. doorloop,FAQ,review,doorloop review DoorLoop expand/collapse avail logo baselane Rentec Direct TenantCloud unnamed – 2025-03-13T172922.630 unnamed – 2025-03-13T172926.458 expand/collapse unnamed – 2025-03-13T172930.109 The DoorLoop dashboard overview (Source: DoorLoop) expand/collapse unnamed – 2025-03-13T172933.466 One of many custom reports (Source: DoorLoop) expand/collapse Sample rent collection Sample rent history expand/collapse unnamed – 2025-03-13T172941.802 Run complete tenant background checks (Source: DoorLoop) expand/collapse unnamed – 2025-03-13T172945.463 Syndicate your listing across popular sites (Source: DoorLoop) unnamed – 2025-03-13T172948.882 Choose your colors, add a logo, and get a custom URL (Source: DoorLoop) expand/collapse Tenants can toggle on and off the features they want to use. Landlords can see tenants’ recent payments and outstanding balances. expand/collapse unnamed – 2025-03-13T172955.928 Upload and share various file types (Source: DoorLoop) Tenant maintenance requests are in your dashboard. Set up and send work orders to vendors unnamed – 2025-03-13T173002.912 unnamed – 2025-03-13T173007.447
Baselane Review: Is It Right for Managing Your Rental Property? https://theclose.com/baselane-review/ https://theclose.com/baselane-review/#respond Wed, 12 Mar 2025 11:44:41 +0000 https://theclose.com/?p=110621 Baselane is a free online rent payment platform with tenant screening capabilities via TransUnion Read our Baselane review to learn more.

The post Baselane Review: Is It Right for Managing Your Rental Property? appeared first on The Close.

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Baselane is a top property management and rent payment service software for landlords, property managers, and investors with portfolios of any size, earning a 4.48 out of 5 rating. We derived the score based on 35 essential factors for property management software, including customer reviews, pricing, ease of use, and features like online rent collection, tenant screening, accounting, and banking. 

Our expert Baselane review and evaluation found it to be an excellent option for investors, landlords, and property managers who want a free online rent collection service with bonus features, like property metrics.

Baselane overview

Baselane
Pros
  • Tenant portal
  • Affordable pricing
  • Mobile-friendly
Cons
  • No partial payment option
  • No landlord-generated leases
  • No rental applications
The Close Score
4.5
Pricing
5.0
General features
2.8
Advanced features
4.1
Ease of use and customer service
4.5
Customer reviews
3.9
Expert score
4.5
out
of
5

Recommended for

  • Landlords and property managers who want free rent collection, accounting, and Baselane banking
  • Tenant-paid renter’s insurance
  • Access to optional financial services

Not recommended for

  • Landlords and property managers who want to manage applications and leases online
  • Landlords who are not tech-savvy
  • Sending and managing maintenance requests

Baselane reviews: What users think

Score: 3.93 / 5

Although there are limited customer Baselane reviews online, the excellent reporting features and rent payment services have received high marks. Landlords and property managers value the platform’s simple financial management capabilities and user-friendly interface. A feature that stands out for many customers is the simplicity of producing comprehensive financial reports.

  • Trustpilot: 3.9 out of 5 rating based on 14 reviews
  • Facebook: 3.4 out of 5 rating based on 6 reviews
  • G2: 4.8 out of 5 rating based on 5 reviews

Negative Baselane reviews showed that the platform has a bit of a learning curve and can be confusing. Other reviewers said they had difficulty reaching customer support when they needed help. One reviewer stated that the dashboard isn’t intuitive and struggled with adding and removing properties. If you want highly rated property management software for its ease of use, check out Avail.

Would our expert use Baselane?

Score: 4.5 / 5

We highly recommend Baselane for tenant screening, rent collection, and financial management of your rental property. It’s an excellent resource for landlords and property managers who want a free platform for their bookkeeping, rent collection, and business banking platform.

Baselane can keep these services free of charge because it makes money through its affiliate relationships, rent payment services, and merchant fees through the Baselane Visa debit card. Baselane rent payment fees are 2.99% per transaction. The company shares part of its interest and merchant fees with its users, who can earn up to 4.25% annual percentage yield (APY) on all balances and receive 5% cashback. Additionally, its referral program allows users to earn $100 when their referral collects rent into their Baselane accounts. The referral also earns $100.

Though it offers services for new and experienced real estate investors, because of its limited features, it would better serve new landlords and property managers with small portfolios. Baselane could improve by providing rental property maintenance features so landlords and property managers can schedule routine maintenance and unexpected repairs. It also would be nice for landlords to collect partial payments. Another helpful feature would be offering landlords a dedicated place within the dashboard to share vacancies to generate leads.

Baselane alternatives

avail logo
TenantCloud logo
Rentec Direct logoDoorLoop logo
Best for
Automatic reminders
Streamlining property financials
Rent collection and tenant screening tools
A variety of rent payment options
Key features
  • Lease management
  • QuickBooks integration
  • Maintenance request tracking
  • Vendor ACH payments
  • Comprehensive tenant screening reports
  • Online rental applications
  • Tenant portal
  • Mobile app
  • Client relationship management (CRM) system
Pricing
$0 to $7 per unit
Starting at $15 per month
Starting at $45 per month
Starting at $59 per month
Learn more
Visit Avail
Visit TenantCloud
Visit Rentec Direct
Visit Doorloop

Baselane plans and pricing

Score: 5 / 5

Baselane has no monthly fees. As mentioned, it makes money from rent collection, affiliate relationships, and online banking. Landlords pay 2.99% per rent collection transaction when payments are processed within their Baselane bank account. There are no plans. You can immediately sign up and use its banking, rent collection, and bookkeeping tools.

Three lists of Baselane features.
A look at Baselane’s features (Source: Baselane)

Add-ons

  • Hassle-free loans: Instant quote and receive funds within 10 days, no income verification, loans from $55,000 to $2 million, and 75% loan-to-value for purchases.
  • Limited Liability Company (LLC) formation service: Available in some states, $29 fee to set up your LLC, plus state filing fees.
  • Rental property insurance: Instant rental property insurance powered by Baselane’s affiliate partner, Obie. You can save up to 25% in two to three minutes.

General Baselane features

Score: 2.75 / 5

  • Free account
  • 2.99% rent collection fee
  • Free bank account
  • Visa debit card with up to 5% cashback
  • Built-in bookkeeping
  • Transaction tracking

Baselane received a lower score for its general features because it is missing a few elements that some of its top competitors have, such as online applications and leases. However, this is because the software is primarily intended for banking, rent collections, and managing finances, for which it is top-of-the-line software.

Baselane’s features support landlords and property managers with its financial and analytics tools. Users can see their bank balances and collected rent from its main dashboard to track which tenants have paid and who is past due. It provides a bank account balance snapshot with credits, debits, and total balance over a monthly period.

The Baselane dashboard with bookkeeping overview.
Baselane dashboard with bookkeeping overview (Source: Baselane)

Baselane is one of the best rent collection and property management software for its affordability and simplified dashboard. Once you create your free account, add your properties, and link your bank accounts, you can start collecting rent with a low transaction fee, track your property’s transactions, and use the Baselane Visa debit card with its low 4.25% APY.

Advanced Baselane features

Score: 4.13 / 5

Baselane provides various features, from cash flow analytics to property metrics with return on investment (ROI), capitalization rate (cap rate), and cash-on-cash return. Plus, it provides tax reporting tools for your convenience. It also includes tenant screening and a dedicated page for tenants.

Click on each of the arrows below to learn more about the advanced features of Baselane:





Ease of use and customer service

Score: 4.5 / 5

Baselane is an easy-to-use platform. The dashboard is uncluttered, and entering data is simple. The online rent payment services allow tenants to sign up for their accounts and set up auto-pay for their rent within five minutes. Landlords simply set up the payment information from their lease, invite their tenants to enroll, and the rent is deposited automatically into their Baselane bank accounts in as little as two to three days.

Screenshot of the simple dashboard.
Baselane’s easy-to-use platform (Source: Baselane)

Customer support

Score: 5 / 5

The dashboard offers several options to contact Baselane, including 24/7 live chat and call scheduling through its in-app messenger. The Baselane offices are open from 7 a.m. to 5 p.m. Eastern Time, Monday through Friday, or you can email them. There’s also an option to book a live video demo with the company’s onboarding specialists by clicking the “Request a Demo” link at the top of the website page.

The chat box from the landlord dashboard.
Baselane chat feature is accessible from your dashboard. (Source: Baselane)

How we evaluated Baselane

The best property management software provides landlords, property managers, and real estate investors with the convenience of tools that can manage, track, and analyze their properties while allowing them to screen their tenants and perform business banking, all from one easy-to-use platform. We also considered Baselane landlord reviews of its products and features.

We researched property management software based on the following criteria:

  • Advanced features 30%

Based on various rental payment features that help landlords and property managers simplify rent collection, improve cash flow, and secure rent transactions.

  • Pricing 25%

Pricing is based on the cost structure, a la carte options, and availability of online rent payment services for landlords and tenants.

  • General features 10%

It consists of various property management features like online payment collection and tenant screening for each tier to meet the specific needs of the property owners and tenants.

  • Ease of use 10%

Based on how easy it is to navigate the provider interface and if it provides hassle-free transactions and communication between property owners and tenants.

  • Customer rating 10%

Based on customer feedback for each platform, the functionalities that are most useful for property managers, and areas that need further improvement.

  • Expert score 10%

Our team’s expertise in the field and firsthand experience with the providers allow us to evaluate the standout features, value for the money, and ease of use for rent payment service software.

  • Help and support 5%

We looked into the convenience and attainability of customer service for technical and customer support.

Bottom line

Baselane is an excellent option for landlords, investors, and property managers who want the convenience of online rent payment with free accounting and banking services. It’s a top-rated property management software for its affordability, convenience, and additional features. The add-on options for discounted property insurance, loans with favorable rates, and tenant access to rental insurance save money for property owners and tenants alike.

The post Baselane Review: Is It Right for Managing Your Rental Property? appeared first on The Close.

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https://theclose.com/baselane-review/feed/ 0 Baselane expand/collapse avail logo TenantCloud Rentec Direct DoorLoop unnamed – 2025-03-12T190614.954 unnamed – 2025-03-12T190618.040 expand/collapse unnamed – 2025-03-12T190621.434 Analytics in the Baselane dashboard (Source: Baselane) expand/collapse unnamed – 2025-03-12T190624.584 Examples of TransUnion SmartMove tenant screening reports (Source: TransUnion) expand/collapse unnamed – 2025-03-12T190627.789 Property metrics from the Baselane dashboard (Source: Baselane) expand/collapse unnamed – 2025-03-12T190631.009 Landlord app for paying and tracking rent payments (Source: Baselane) unnamed – 2025-03-12T190633.980 Baselane’s easy-to-use platform (Source: Baselane) unnamed – 2025-03-12T190637.379
The Ultimate Real Estate Marketing Plan: Template & How to Create https://theclose.com/real-estate-marketing-plan-template/ https://theclose.com/real-estate-marketing-plan-template/#comments Wed, 26 Feb 2025 15:56:16 +0000 https://theclose.com/?p=6768 To help you crush your marketing goals in 2023 and beyond, we worked with top-producing broker and coach Sean Moudry to put together a plan template that can serve you for your entire career.

The post The Ultimate Real Estate Marketing Plan: Template & How to Create appeared first on The Close.

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Think of your real estate marketing plan as a roadmap leading you to your destination. Achieving success as a real estate agent takes focus and strategy, and your plan is essential for setting off in the right direction. 

This guide will break down the elements of an effective marketing plan and demonstrate how it can help you optimize your budget while planning your business strategies for maximum impact in your community. Plus, you’ll get access to a downloadable plan to start using as soon as today.

Screenshot of The Close Real Estate marketing plan template

Download Your Real Estate Marketing Plan Template

How to Create Your Real Estate Marketing Plan

Your marketing plan should include details about your activities for the year, including budget, lead gen efforts, and social media outreach. Although, you’ll likely need to make adjustments throughout the year. Creating a strong initial plan will give you a solid foundation to start from, allowing you to modify as you see fit for your business. 

Step 1: Conduct a Market Analysis 

To effectively complete your real estate marketing plan template, it’s crucial to understand your market. Knowing how quickly homes sell in your area and identifying who is buying them will guide your marketing efforts and help determine your target market. 

To gather this information, conduct a thorough market analysis. During this phase, your goal is to: 

  • Understand your demographics: Learn who lives in your area to figure out how to talk to your prospects, appeal to their interests, and make valuable connections to prospects considering purchasing in your market.
  • Know your competitors: Audit agents sending flyers, using social media in your city, investing in signs, bus benches, billboards, and anything else you see in your community. Study who they are and how they’re marketing themselves. 
  • Narrow down your geographic farm area: This will tell you where you should focus your business, the clientele you’ll be marketing to, and what methods you should utilize to reach your target audience.
  • Learn the market stats: Understand the average days on market (DOM), absorption rates, median home prices, and home sizes, including local amenities. This will tell you what homes are selling, how fast, and for how much. Knowing this lets you effectively discuss your market with prospects.

Pro tip: Research your local community starting with your local MLS. You have access to your community’s data, so dive in and start researching your target market. Utilize other sources, like Realtors Property Resource (RPR), realtor.com, Homes.com, and even Zillow, to learn as much as possible about your area.

Step 2: Create Your Mission, Vision & Values Statement

Your mission, vision, and values (MVV) statement outlines where you want your real estate business to be in the future, how you’ll get there, and the values that drive you. It will help you clearly articulate your business philosophy, differentiate yourself in a competitive market, and build a strong and trustworthy brand that resonates with your ideal clients.

Here’s an overview of what each statement means, as well as an example of what it looks like. For more details, check our guide to crafting your own real estate MVV statement.

Element of Statement
What It Is
Example
Mission
A statement reflecting your “why” and what drives you to get there.My mission is to work with first-time homebuyers to help educate them on homeownership and make the process as smooth as possible. I know that the process can feel overwhelming and oftentimes prevents people from getting started. I want to provide guidance and support to help people achieve their real estate dreams.
Vision
A specific goal and deadline of when you will accomplish it.I will become the top-producing agent in my ZIP code by the end of my third year in real estate. Our team will have the highest customer rating by the end of the year.
Values
The traits and characteristics you believe are important to you and your business.
  • Honesty
  • Transparency
  • Integrity
  • Client-focused
  • Professional
  • Accountability

Pro tip: Now that you have all the elements to create your mission, vision, and values, print them and post them in your office so you can visualize them daily. These statements will drive every decision you make in your business.

Step 3: Discover Your Ideal Client 

Developing your client personas for buyers and sellers helps you build a brand that attracts your ideal clients. You need to understand who they are, their pain points, their goals, and the obstacles they face. Start by gathering as much data as possible about your geographic real estate farm area’s potential buyers and sellers. 

Here are some data points to consider: 

  • Age
  • Income
  • Family size
  • Own or rent? How long?
  • Personal buying/selling history 
  • Tech savviness
  • Education level
  • Values
  • Hobbies
  • Interests

Pro tip: If you’ve sold any homes, your ideal client most likely lives in your current sphere of influence (SOI). You can use polls and questions on your social media pages to stay engaged with your network and learn more about how your SOI sees you. Learn more tips on how to build your SOI.

Step 4: Learn Different Real Estate Marketing Strategies

Your marketing plan for real estate gives you many options to show off your expertise, adaptability, and knowledge of the real estate market. That said, a smart marketing strategy utilizes various marketing methods to create more than one lead gen system. Choose the channels that make the most sense for you and your target market.

Digital Marketing

  • Online presence: Create your online profiles that allow you to be found online. Set up a system to ask clients to give you reviews.
  • Social media: Facebook, Instagram, and LinkedIn allow you to interact with your clients, sphere of influence, and future clients with engaging content.
  • Email marketing: One of the most efficient ways to connect with your database. Time spent building and nurturing your email list is time well spent.
  • Website: One of the first things your potential clients will do is look for you online. Make sure they can find your beautifully designed website that gives them more information about who you are and who you serve.
Examples of a real estate agent website showing the homepage and a home search map feature.

Don’t feel the need to DIY your own site. Trust one of the expert real estate website builders we recommend, like Agent Fire, to design it for you. They will ensure you’re SEO-ready with an elegant, professional site that shows off all that you offer to the clients that work with you.

Traditional Marketing

  • Direct mail: Direct email marketing campaigns are an excellent and cost-effective way to reach your specific neighborhoods with your marketing message.
  • Print advertising: Real estate print advertising includes magazines, flyers, and brochures for your listings and brokerage. 
  • Community engagement: Networking events and experiential marketing, combined with open houses are amazing ways to stay connected in person with your community.

Emerging Trends

  • Virtual reality tours: Augmented reality technologies and virtual reality tours can expand your reach and put you at the forefront of certain demographics.
  • Collaboration: Working with influencers is awesome for cross-pollinating databases and expanding your connections. Use influencers to grow your email list fast.

Step 5: Get Clear on Your Unique Selling Proposition

Your unique selling proposition (USP) is what makes you different from everyone else. To identify your USP, conduct a SWOT analysis on yourself, considering your Strengths, Weaknesses, Opportunities, and Threats. After you’ve completed your SWOT analysis, you will identify what makes you unique and be able to market yourself in the most effective way.

Infographic of a SWOT analysis with strengths, weaknesses, opportunities, and threats.

Here are some examples: 

  • Example 1: Leveraging over 20 years of unmatched local expertise to navigate the luxury market, ensuring every client achieves their real estate dreams with unparalleled personal service and insider knowledge.
  • Example 2: Bringing fresh energy and cutting-edge digital marketing strategies to the real estate market, I empower first-time homebuyers to navigate the buying process with confidence and ease.

Pro tip: It can be hard to conduct an audit on ourselves and our own business. Seek feedback from friends, family, colleagues, and past clients if you’re struggling to get started.

Step 6: Formulate a Budget for Your Marketing Plan

Several factors influence how much money you’ll spend on marketing and which channels you’ll use. However, a general guideline is to allocate around 10% of your monthly income for marketing expenses. Ultimately, it often depends on your target audience and where they are showing up. 

To get started, it’s important to establish some initial figures. Then, once you’ve put your plan into action, return to it after a few months and analyze your results. 

Step 7: Utilize Free Resources 

If you’re newer to the biz and don’t have much for a marketing budget at the moment, utilize some or all of these cost-saving strategies. This will help you keep more money in your pocket while getting the maximum exposure for your real estate business.

Marketing Effort
How To Do It
Leverage Organic Social Media Traffic
  • Create and share engaging content that gives value to your audience
  • Lean into video content, which already gets higher engagement
  • Mix it up with personal vs real estate content
Build a Referral Network
  • Encourage your clients to refer you to their friends and colleagues
  • Set up an automated system to ask for reviews from your past clients
  • Network with local businesses, including lenders, home inspectors, contractors, and more, to refer business to each other
Optimize Your Website
  • Make sure your website is searchable when your future clients are online
  • Fill out your Google My Business listing with relevant real estate keywords
  • Keep your blog filled with SEO-friendly keywords that drive traffic to your website (check our guide to Real Estate SEO for more pointers)
Email Marketing
  • Email is still an amazing way to reach your database
  • Capture emails from your website visitors (with permission) and keep them updated with valuable content
  • Use your customer relationship manager (CRM) or an email marketing platform like Mailchimp to segment your audience
  • Personalize your emails so your recipients only receive relevant emails from you
Experiential Marketing
  • Host free homebuyers or real estate investor workshops for minimal marketing spend
  • Sponsor local events, school sports clubs, or community projects for brand visibility
  • Partner with local businesses to cut costs for networking or client appreciation events

Step 8: Set Your Goals & Timeline

A crucial part of creating a marketing plan is establishing goals and timelines to help you achieve what you want in your business. This not only helps hold you accountable but also keeps you motivated. So, let’s get started building your dream business by writing down those goals and giving them deadlines. 

  • Short-term Goal: Consider your annual, monthly, quarterly, and weekly goals. This should encompass the gross commission income (GCI) and the number of transactions you’d like to achieve by the end of the year. Then, break down your annual goal into smaller quarterly goals. 
  • Long-term Goals: Consider where would you like your real estate business to be within the first five years. Then, look further out and consider what you want to accomplish in your real estate business within 10 years.

Pro tip: Reverse-engineer the results you want to achieve and draft action steps to help you get there. Plan out your perfect day by breaking up your day into blocks dedicated to completing certain tasks. Plan out how many phone calls you will make daily, how many emails you will send, etc. Your success lies in the details you set and implement to create your roadmap to get there.

Step 9: Create a Marketing Calendar 

Being hyper-aware of how you spend your time is one of the keys to success in real estate. That’s why creating a calendar is crucial to staying on top of your marketing efforts. Start by creating a month’s worth of content, then decide from there if you want to look ahead six months. 

This calendar can include: 

Pro tip: When you get a listing, you’ll need to tackle that marketing as it comes up. Plan open houses and any marketing to promote it at the time of your signed listing contract. To maximize its impact, send postcards such as, Just Listed and Just Sold.

Step 10: Implement Your Marketing Plan

Now that you’ve created your marketing strategy, it’s time to launch it and start bringing in more business. Each piece of content you deliver will boost your reputation in your area. Soon, you’ll see engagement on your posts, people in your DMs, and texts and phone calls from people in your community asking to meet for a cup of coffee to talk about listing their homes. 

  • Here are some goals to keep in mind:
  • Set aside some time to build out your social media content. 
  • Set up any print advertising you have on your real estate agent marketing plan and get everything ready to deploy. 
  • Make sure you have your landing pages set up to capture leads as they come in. 
  • Don’t forget to automate responses to leads once they are entered into your CRM. 
  • Make sure everything is running smoothly and make any corrections necessary.

Step 11: Track Your Progress

Congratulations! Your real estate agent marketing plan is up and running. Now you just need to monitor your progress and make adjustments when needed. Don’t panic if you don’t see a lot of leads come in initially. It takes time to develop that know, like, and trust factor. The more people who see you, your posts, and your marketing materials, the more they will feel like they know you. 

Tracking your metrics will give you a good idea of where your traffic is coming from and how well you or your team are converting. The more you know about your leads and your success at converting those leads, the more success you will achieve. 

Here is a short list of some of the most important metrics to track once you’ve implemented your real estate marketing plan:

  • Website traffic
  • Lead capture rate
  • Conversion rate
  • Response rate
  • Cost per lead
  • Cost per client
  • Lifetime customer value
  • Referral rates
  • Engagement rates
  • Click-through rate

Pro tip: Once you’ve got your marketing plan up and running, use tools like Google Analytics, Facebook Ads Manager, and your CRM analytics tools to monitor how effective your marketing is. Conversion rates will give you a lot of information about your return on investment. But also look at the length of time for conversions to get a better view of your overall marketing effectiveness. Remember to adjust your marketing efforts based on what your metrics tell you.

Why Is a Marketing Strategy Important? 

Working in real estate sales is just as much about marketing as it is about the properties we sell and the relationships we build. To keep your pipeline full, you need to have a plan in place, which is where your real estate agent marketing plan comes in. 

Here are some key reasons why it’s important to focus on your marketing strategy:

  • Client nurturing: It’s important to stay in touch with clients throughout the year. Building and maintaining relationships is a key element of being a real estate agent. 
  • Community involvement: Showing your business is a part of the community, not just working in it, will help strengthen your brand image.
  • Pipeline preparation: Getting in front of existing and prospective clients could help position you as a go-to resource in your community. 
  • Brand awareness: The more familiar people are with you and your business, the more likely they’ll think of you when it’s time to buy or sell.

Frequently Asked Questions (FAQs)




Your Take

Now that you’ve learned different real estate marketing techniques and how to implement them, you’re ready to hit the ground running. Use this guide to build a marketing plan that’s as dynamic as your business, revisiting and refining it every quarter to stay ahead. Don’t forget to download our real estate marketing plan template to streamline your path to growth. 

Have you used a marketing plan for your real estate business? Let me know in the comments.

The post The Ultimate Real Estate Marketing Plan: Template & How to Create appeared first on The Close.

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5 Best Online Real Estate Schools in Tennessee (TN) in 2025 https://theclose.com/tennessee-real-estate-schools/ https://theclose.com/tennessee-real-estate-schools/#respond Wed, 19 Feb 2025 10:54:25 +0000 https://theclose.com/?p=30960 We evaluated Tennessee real estate schools based on quality of instruction, user experience, convenience and value, so let us introduce you to the best Tennessee real estate schools for your schedule, budget, and learning style.

The post 5 Best Online Real Estate Schools in Tennessee (TN) in 2025 appeared first on The Close.

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From the vibrant streets of Nashville to the scenic views in Chattanooga, Tennessee is an incredible place to start a real estate career. But of course, you’ll need a reputable school before you can get a license and help Tennesseans find their dream homes. In this guide, I’ve compiled the best online real estate schools in Tennessee, which I know will fit your learning style and budget. Let’s get started!

The Close’s Top Picks of Online Real Estate Schools in Tennessee

Our Top Picks
Starting Price
Promo Codes
Read More Below
Kaplan: Best for career advice
$429
KAPRE5 - Save 5%
Kaplan ↓
The CE Shop: Best for continuing education
$339
TheClose35—Save 35%
The CE Shop ↓
Colibri Real Estate: Best for exam prep
$313
TheClose40—Save 40%
Colibri Real Estate ↓
Aceable Agent: Best for mobile
$195
Click our Aceable Agent link—Save 25%
Aceable Agent ↓
Fortune Academy: Best for student support
$339
No promo code
Fortune Academy ↓

Need to learn more about Tennessee education requirements before choosing a school? Check out our article How to Become a Real Estate Agent in Tennessee or jump to our section below with Helpful Tennessee Licensing Info to get all the info you need.

Best for Career Advice: Kaplan

Kaplan
Pros
  • Exam prep included in both prelicensing packages
  • Access to Live Online Learning Hub
  • Career Mentor Connect via Zoom
  • Kaplan’s Commitment to Pass
Cons
  • Pricey
  • Dated user interface
  • No in-person classes
The Close Score
4.6
Value:
4.3
Learning Format & Accessibility:
3.5
Course Features:
4.1
Help & Support:
4.5
Reputation:
4.7
Expert Score:
4.3
out
of
5

My Expert Opinion on Kaplan

Kaplan is our top real estate school in Tennesee for career advice, thanks to its live online learning hub, Real Estate Accelerator program, and Career Mentor Connect sessions on Zoom. These features give you direct access to industry experts who can answer your questions and offer guidance. If you’re only starting in this business, Kaplan ensures you’re not doing it alone.

💡Room for improvement: Kaplan offers excellent career support for potential agents, but adding a pass guarantee to its course packages would give students extra confidence.

Kaplan Cost

Kaplan offers only two TN real estate license course package options for aspiring agents. Both packages include access to the live online learning hub and additional study tools.

Type of Education
Price Range
Features
Prelicensing
$429-$829
  • Exam prep materials
  • Live Online Learning Hub
  • Career Mentor Connect via Zoom
Continuing Education
$29-$59
  • Online self-paced course format
  • Lots of interesting elective course options
  • Available for brokers and affiliate brokers
Exam Prep
$99-$199
  • Customize exams by topics
  • Workbook PDFs
  • Six months of course access

Use Promo Code: KAPRE5 – Save 5%

Best for Continuing Education: The CE Shop

The CE Shop
Pros
  • 5-day free trial
  • Expertly designed curriculum
  • Easy-to-use online platform
  • Pass or Don’t Pay guarantee
  • Prelicensing packages include lots of bonus resources
Cons
  • No live instruction
  • No in-person classes
  • No access to local real estate brokerages
The Close Score
4.6
Value:
4.0
Learning Format & Accessibility:
3.5
Course Features:
3.8
Help & Support:
5.0
Reputation:
4.9
Expert Score:
5.0
out
of
5

My Expert Opinion on The CE Shop

The CE Shop is a Tennessee real estate school specializing in continuing education courses. Let’s be real—if you want a long-lasting career in real estate, keeping your license active with high-quality CE courses is a must. The CE Shop makes that easy with engaging options like Roadmap to Success, Working With Real Estate Investors, and other niche courses that help agents sharpen their skills.

💡Room for improvement: In addition to interactive study groups, The CE Shop lacks the opportunity for students to meet industry experts. These extras would help students build real connections and grow their professional networks.

The CE Shop Cost

All of The CE Shop’s courses may be taken at your own pace. Each package comes with lots of downloadable resources, digital flashcards, business ebooks, and a study schedule to keep you on track.

Type of Education
Price Range
Features
Prelicensing
$339-$639
  • Online self-paced courses
  • Career resources, digital flashcards, a real estate glossary, and a study schedule
  • Continuing education courses included in the premium package
Post-licensing
$39-$1,229
  • 120-hour post-licensing courses for brokers
  • Individual and packaged courses available
Continuing Education
$29-$219
  • Individual and packaged courses
  • Available for both brokers and affiliate brokers
  • NAR Ethics course
Broker prelicensing
$229-$1,199
  • 30-hour broker prelicensing package
  • Unlimited practice exams
  • Tennessee Exam Prep Edge
Exam Prep
$79-$135
  • National and state portions available
  • Initial assessment
  • Interactive dashboard and unlimited simulated exams

Use Promo Code: TheClose35—Save 35%

Best for Exam Prep: Colibri Real Estate

Colibri Real Estate
Pros
  • Expertly designed curriculum
  • Easy-to-use online platform
  • Pass or Don’t Pay guarantee
  • Exam prep packages include lots of features
Cons
  • No broker prelicensing offerings
  • No live instruction
  • No in-person classes
The Close Score
4.4
Value:
3.1
Learning Format & Accessibility:
5.0
Course Features:
3.5
Help & Support:
4.0
Reputation:
3.7
Expert Score:
5.0
out
of
5

My Expert Opinion on Colibri Real Estate

Colibri Real Estate is our best real estate school in Tennessee for exam preparation. Its standout features are live Q&A sessions with instructors and the Exam Crammer webinar series. These interactive tools make a huge difference, giving students real-time answers and extra confidence before licensing exam day.

💡Room for improvement: Colibri offers excellent prelicensing, continuing education, and exam prep courses for affiliate brokers. However, it could step up its game by adding broker prelicensing. Offering broker courses would make it an even better choice for agents looking to advance their careers.

Colibri Real Estate Cost

Colibri Real Estate’s course packages include test prep essentials like audio review guides, simulated exams, and flashcards to help students prepare for the licensing exam.

Type of Education
Price Range
Features
Prelicensing
$313-$556
  • Instructor support and real estate study guides
  • Buffini & Company coaching videos
  • Exam Crammer webinar series
Post-licensing and Continuing education
$129
  • 16-hour CE course packages available
  • NAR Ethics course
  • Accessible narrated audio
Exam Prep
$115-$219
  • Audio review guides
  • Flashcards
  • Simulated exams

Use Promo Code: TheClose40—Save 40%

Best for Mobile: AceableAgent

AceableAgent
Pros
  • Great learning platform for mobile
  • Affordable basic package
  • Live webinars and private tutoring are included in the premium package
  • ass guarantee
  • Access to PrepAgent included in Deluxe and Premium
Cons
  • No live instruction
  • No post-licensing or continuing education offerings
  • No broker prelicensing courses for those wanting to upgrade their license
  • No career assistance or networking opportunities
The Close Score
4.1
Value:
2.3
Learning Format & Accessibility:
4.0
Course Features:
4.1
Help & Support:
3.0
Reputation:
4.5
Expert Score:
4.5
out
of
5

My Expert Opinion on AceableAgent

AceableAgent has the best real estate courses in Tennessee for mobile. For starters, it has a mobile application accessible to Android and iOS users. With audio lessons and videos, students can study anytime, anywhere. If you’re always on the go, AceableAgent’s courses will easily fit into your daily schedule.

💡Room for improvement: AceableAgent could level up by expanding its services to more states and offering post-licensing courses. This way, agents can keep their licenses active by taking CE courses from AceableAgent.

AceableAgent Cost

All of AceableAgent’s prelicensing course packages include a pass guarantee, mastery tracking system, and instructor support.

Type of Education
Price Range
Features
Prelicensing
$195-$536
  • Private tutoring, live webinars, and instructor Q&A in premium package
Exam Prep
$59-$99
  • National and state questions
  • Videos, audio lessons, and live online webinars
  • e-book, flashcards, and worksheets

Click our link to save 25%

Best for Student Support: Fortune Academy

Fortune Academy
Pros
  • Excellent student support
  • Money-back guarantee
  • Online self-paced courses
  • Courses offered through The CE Shop
Cons
  • No standalone exam prep packages
  • No live instruction
  • No access to local brokerages
The Close Score
3.9
Value:
2.0
Learning Format & Accessibility:
3.0
Course Features:
3.5
Help & Support:
5.0
Reputation:
3.8
Expert Score:
4.0
out
of
5

My Expert Opinion on Fortune Academy

Fortune Academy has long been one of the top real estate schools in North and South Carolina, but it has expanded its services in Tennessee through its partnership with The CE Shop. The school stands out for its customer support and hands-on guidance, helping students navigate their licensing courses with ease. Whenever students need answers, a real estate professional is always available to answer their questions through text, call, or email.

💡Room for improvement: Fortune Academy could enhance its offerings by developing its real estate courses in a livestream format, which would make learning more interactive. 

Fortune Academy Cost

Fortune Academy’s course packages lack many features, but they all include top-notch student support.

Type of Education
Price Range
Features
Prelicensing
$339-$639
  • Offered through The CE Shop
  • Exam Prep Edge
  • Courses available in audio, mobile app, or online format
Post-licensing
$49-$945
  • 120-hour post-licensing courses for brokers
  • Individual and packaged courses
Continuing education
$45-$135
  • Wide range of electives
  • Individual and packaged courses
Broker prelicensing
$239-$1,209
  • 30-hour TN broker licensing courses
  • Packages include exam prep materials
  • Access to the Learning Library included in the premium package

How We Selected the Best Online Real Estate Schools in Tennessee

In terms of our methodology at The Close, our team of licensed real estate professionals, writers, and editors created a weighted rubric that involves evaluating each school. Our experts have done hours of research to analyze dozens of real estate schools in Tennessee to determine the best for our readers. The features we explored are essential for students to become successful agents and brokers in the real estate industry. 

Our detailed criteria included: 

  • Course Features 25%
    • This comprises items that assist agents and brokers in completing their education, like pass and refund guarantees, career and instructor support, coaching, training, interactive study groups, and course extensions.
  • Value 20%
    • Pricing and availability of coursework are important factors to assess. This accounts for real estate school offerings in prelicensing, post-licensing, continuing education, broker prelicensing, and exam prep. 
  • Learning Format & Accessibility 20%
    • Real estate professionals must consider the best format for their learning, which includes self-paced, on-demand video, live stream, and in-person classes. Also, accessibility via multiple devices, like computers, tablets, and mobile devices, determines the convenience for users. 
  • Expert Score 15%
    • The Close closely reviews each course for stand-out features, details, ease of use, and the value for money spent from a real estate expert’s perspective. 
  • Help & Support 10%
    • If students need additional support, they must be aware of the customer service options available through phone, email, live chat, and the ticket system. 
  • Reputation 10%
    • This examines the reputation of each real estate school through the lens of current and past students, reviewing the customer reviews and popularity of each provider.

Helpful Tennessee Licensing Info

The Close logo
Quick Facts
account_balance

Tennessee Real Estate Governing Body:

Tennessee Real Estate Commission

schedule

Prelicensing Requirements:

90 hours

inventory

Post-licensing requirements:

16 hours within the first two years

school

Continuing Education Requirements:

16 hours every two years

Frequently Asked Questions (FAQs)





Bringing It All Together

I hope I’ve helped you decide and choose from these approved real estate schools in Tennessee. At The Close, we’re here to guide you through every step of your real estate journey. Still have questions? Let us know in the comments!

The post 5 Best Online Real Estate Schools in Tennessee (TN) in 2025 appeared first on The Close.

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Avail Review: Pricing, Features, Pros & Cons (2025) https://theclose.com/avail-reviews/ https://theclose.com/avail-reviews/#respond Wed, 19 Feb 2025 10:53:29 +0000 https://theclose.com/?p=109759 Avail, a member of the Realtor.com network, is an all-in-one property management software for landlords and investors.

The post Avail Review: Pricing, Features, Pros & Cons (2025) appeared first on The Close.

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Avail, a member of the Realtor.com network, is an all-in-one property management software for landlords and investors. It is primarily used as a tenant screening and an online rent collection tool. But how well does it stack up against other property management tools? In these Avail reviews, I’ve outlined its standout features, weighed the pros and cons, and answered whether it’s a worthy investment for your rental business.

The Close Score: Avail

Avail
Pros
  • Offers a free subscription plan and budget-friendly pricing per unit
  • Comprehensive and customizable tenant screening reports
  • Digital leases provided
  • Applicant communication and message center
Cons
  • No free trial for the paid subscription plan
  • No fixed pricing for tenant screening
  • No mobile app
  • Website chat support is handled by a chatbot instead of a real person
The Close Score
5
Pricing:
3.0
General Features:
5.0
Advanced Features:
3.0
Ease of Use:
4.5
Help & Support:
4.5
Customer Rating:
4.4
Expert Score:
5.0
out
of
5

My Verdict on Avail & Why You Should Trust It

Since being a staff writer here at The Close, I’ve tested dozens of real estate tools and software for agents and investors. My unbiased reviews align with the company’s commitment to well-researched insights. You can trust that my Avail reviews are backed by detailed analysis.

Avail's rental application dashboard
Avail’s rental application dashboard (Source: Avail)

Avail is an easy-to-use, all-in-one system for landlords that can be used for all aspects of property management. My favorite element of the Avail software is its online rent payment service. It eliminates the stress and hassle of collecting rent by providing automatic reminders, written receipts, and depositing money directly into the landlord’s accounts.

However, Avail may not be robust or in-depth enough for landlords wanting to invest in real estate at a higher volume. Although it makes finding, screening, and managing tenants easy, it may not include all the necessary features for managing an apartment building or multifamily home with more units.

Avail Alternatives

Of course, Avail isn’t the only rental management software on the market. While Avail offers many essential features for landlords, it may not be the best fit for those who prefer live customer support over a chatbot. Some users might find the platform’s automation convenient, but others may want more hands-on assistance. Here are some alternative tools landlords may consider:

Platform
Why It’s a Great Alternative
Learn More
TenantCloud logo
  • Has a mobile app
  • Maintenance bidding feature
  • Access to millions of potential tenants
  • Has a business plan for larger portfolios
Visit TenantCloud
Apartments.com logo
  • All-in-one property management software
  • Shareable tenant screening reports up to 10 participating landlords
  • Resident management
  • Rent comps report feature
Visit Apartments.com
Buildium logo
  • It is an excellent tool if you have an extensive portfolio
  • 1099 e-filing for property managers
  • All subscription plans have a free trial
  • More affordable tenant screening fees than competitors
Visit Buildium
TurboTenant logo
  • Showing scheduling feature
  • In-app messaging
  • Expense tracker
  • Past landlord references for tenants
Visit TurboTenant

Key Features of Avail

In this section of my Avail.co reviews, I’ll identify the essential features that make it an all-in-one platform for landlords.

Rental Listing & Syndication

Avail rental listings dashboard
Avail rental listings dashboard (Source: Avail)

Avail’s rental listing creator helps you find quality tenants. Simply write a creative property description, upload photos, and highlight amenities. Avail will syndicate your listing to top platforms like Zillow, Realtor.com, and Trulia. Potential tenants can contact you through your landlord account. This simplifies coordinating in-person and virtual showings and asking prescreening questions. Additional listing and syndication features include:

  • Property listings are syndicated to Zillow, Trulia, Hotpads, Zumper, Padmapper, Walkscore, Realtor.com, Doorsteps.com, Apartments.com, and ApartmentList
  • Social sharing tools and suggested actions
  • Custom marketing and portfolio site with a tenant portal
  • Tools for lead management and a messaging center
  • Showings can be scheduled automatically from any platform or listing partner

Rental Application & Tenant Screening

Avail’s tenant screening feature
Avail’s tenant screening feature (Source: Avail)

Avail’s tenant screening features help attract potential tenants and do thorough background checks. Customized rental applications enable you to gather in-depth information about potential tenants, and background checks generate essential details like their job and rental history, income verification, credit score, and nationwide criminal and eviction reports.

Online Rent Collection

Avail’s FastPay dashboard
Avail’s FastPay dashboard (Source: Avail)

Avail’s rent collection service makes managing payments effortless for landlords and tenants. Tenants can set up Autopay for automatic monthly deductions, while landlords on the Unlimited Plus plan benefit from FastPay for next-day deposits. Online rent payments can be made in cash with the ease and security of online transactions. Additional rent collection features include:

  • Specialized deposit and fee collection
  • Auto-generated payment receipts and confirmation
  • Rent reminders and notifications
  • Automatic recurring payment setup
  • Auto-assessed late fees (one-time or recurring)
  • Tenant messaging
  • Property-specific bank accounts
  • Rental payments are reported to credit bureaus with CreditBoost

Leasing Agreements & Online Signature

Avail’s digital signature feature
Avail’s digital signature feature (Source: Avail)

Avail simplifies leasing with state-specific rental lease templates that comply with landlord-tenant laws. Based on the location of your property, leases will include all the necessary state-specific provisions, attachments, and disclosures. The system will then convert your responses and preferences into a binding contract. You can customize terms, collect tenant signatures online, and track each tenant’s progress. The platform also has features like locally generated clauses, rules, disclosures powered by LocalAssist, unlimited document attachments, and print and PDF lease generation.

Maintenance Tracking

Screenshot of Avail's maintenance tracking platform
Avail’s maintenance tracking platform (Source: Avail)

Avail’s maintenance tracking feature provides in-app instant messaging to connect with tenants easily. Tenants can submit requests with images, while landlords and contractors get email alerts, keeping everyone updated without needing to visit the property. The platform also updates tenants on ticket statuses, showing whether it has been resolved. Landlords can also include an expense amount to the ticket to track and keep your finances organized.

Property Accounting & Rent Price Analysis

Screenshot of Avail’s custom rent report feature
Avail’s custom rent report feature (Source: Avail)

Another key feature for any property manager is accounting. Avail offers multiple tools to help with bookkeeping, tracking finances, analyzing rental prices, and calculating a rental property’s potential return on investment (ROI). The platform syncs your income and expenses into a customizable spreadsheet so you can track your finances on the go. The rent analysis tools help you determine whether a potential rental property is a good purchase and calculate how much to charge for rent.

Avail Pricing

Avail pricing is simple, with just two subscription options. While Avail has a free plan, essential management features like rent collection, websites, applications, and leases are only included in the paid plan. This may cause costs to add up for landlords with a larger portfolio. Here’s the breakdown and pricing of each plan:

Unlimited
$0/unit
  • Syndicated listings
  • Background screening
  • State-specific leases
  • Online rent collection
  • Maintenance tracking
  • Tenant portal
  • Property accounting
Unlimited Plus
$9/unit
  • Everything in the Unlimited plan
  • FastPay rent payments
  • Waived ACH fees
  • Customizable applications and leases
  • Clone and reuse lease agreements
  • Create property websites
  • Faster response time from customer care

Methodology

Our licensed real estate professionals, writers, researchers, and editors created a weighted rubric for this Avail reviews. The Close’s experts have done hours of research to analyze essential features like pricing, customer service, ease of use, and more. Our detailed criteria included:

  • Pricing (20%)
    • We evaluated the cost of each platform, the price of each subscription package, the value of the features provided, and whether it offers a free trial.
  • General Features (20%)
    • This covers general tenant screening features that help landlords and property managers list and market properties, screen tenants, generate leases and reports, and track financials.
  • Advanced Features (25%)
    • This includes advanced tenant screening features such as credit reports and scores, eviction and address history, judgment and liens reports, criminal background, identity validation, income verification, and more.
  • Ease of Use (10%)
    • This is based on how easy it is to navigate the provider interface and if it provides hassle-free transactions and communication between property owners and tenants.
  • Help & Support (5%)
    • We looked into the convenience and attainability of customer service for technical support, onboarding, and training.
  • Customer Rating (10%)
    • We’ve reviewed customer feedback for each platform, with particular attention given to product reviews and provider popularity, to certify that the software meets user satisfaction.
  • Expert Score (10%)
    • Expertise in the field and firsthand experience with the providers allow us to evaluate the standout features, value for the money, and ease of use of tenant screening services.

Read more about our methodology here.

Frequently Asked Questions (FAQs)





The Bottom Line: Is Avail Worth Your Money?

Our detailed Avail review shows that Avail is an easy-to-use platform that offers robust property management, tenant screening, and online rent payment services. Its free subscription plan suits small landlords needing reliable property management tools. However, we recommend subscribing to Avail’s paid subscription plan if your business needs advanced and extensive property management tools, such as next-day rent payments, waived ACH fees, and custom applications and leases.

Is it worth your money? Yes, if you only have a few rental properties to manage. If you have a more extensive portfolio, I recommend Buildium.

The post Avail Review: Pricing, Features, Pros & Cons (2025) appeared first on The Close.

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https://theclose.com/avail-reviews/feed/ 0 Avail Avail’s rental application dashboard TenantCloud Apartmentscom Buildium TurboTenant Avail rental listings dashboard Avail’s tenant screening feature Avail’s FastPay dashboard Avail’s digital signature feature Screenshot of Avail’s maintenance tracking platform Screenshot of Avail’s custom rent report feature expand/collapse expand/collapse expand/collapse expand/collapse
McKissock Learning Review: Pricing, Features, Pros & Cons (2025) https://theclose.com/mckissock-learning-review/ https://theclose.com/mckissock-learning-review/#respond Wed, 19 Feb 2025 10:52:44 +0000 https://theclose.com/?p=81916 Do you see CE as opportunity for professional development and lifelong learning? We took McKissock Learning out for a test drive to find out how the educational platform, features, and pricing stack up.

The post McKissock Learning Review: Pricing, Features, Pros & Cons (2025) appeared first on The Close.

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Founded in 1990, McKissock Learning has been a trusted provider of premier online real estate education for millions of professionals. In 2014, it became part of the Colibri Group, joining forces with other top education brands. But how does McKissock Learning stack up against other schools? In this McKissock real estate school review, I examined the school’s online learning platform, course offerings, pricing, pros and cons, and other student reviews to help you decide whether it’s the right fit. Let’s begin!

The Close Score: McKissock Learning

McKissock Learning
Pros
  • Offers continuing education courses in all states
  • Experienced instructors
  • Focuses on professional development
  • CE Plus Membership packages
  • Affiliated with Colibri Real Estate
Cons
  • No live instruction option
  • More expensive than other schools
  • No exam prep offerings
The Close Score
3.8
Value:
2.0
Learning Format & Accessibility:
3.5
Course Features:
3.1
Help & Support:
3.0
Reputation:
3.1
Expert Score:
4.5
out
of
5

My Verdict on McKissock Learning & Why You Should Trust It

As a real estate staff writer and researcher for The Close, I have extensive experience reviewing countless online real estate schools, software, and tools to help agents thrive. That said, I have developed a deep understanding of what makes an education provider truly stand out. I’ve tested learning platforms, evaluated course materials, compared pricing, and carefully considered student feedback.

McKissock Learning interface
McKissock Learning interface (Source: McKissock Learning)

McKissock Learning stands out as one of the best continuing education providers in the industry because it views CE as more than a box to check—it’s an opportunity to elevate your skills and grow as a professional.

However, McKissock Learning isn’t for everyone, as it tends to be more expensive than other CE providers. Still, you’re paying for fantastic features: extra webinars, access to top-notch instructors, engaging videos, and a resource library with job aides like scripts and worksheets. It’s more than just CE—it’s an investment in your career.

McKissock Learning Course Availability

McKissock focuses exclusively on continuing education courses for real estate agents. If you’ve seen its prelicensing, post-licensing, and broker courses on the website, those are all handled by its partner school, Colibri Real Estate. It’s also worth noting that McKissock doesn’t offer any exam prep courses for aspiring agents.

Prelicensing

A U.S. map with states where McKissock Learning's available prelicensing courses are shaded

McKissock doesn’t offer real estate prelicensing. Instead, all prelicensing education is provided through Colibri Real Estate. As of this writing, these 35 states are listed under McKissock’s prelicensing tab, and you’ll be directed to Colibri’s website to purchase the course.

  • Alabama
  • Alaska
  • Arkansas
  • California
  • Colorado
  • Florida
  • Georgia
  • Hawaii
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Jersey
  • New York
  • Oklahoma
  • Pennsylvania
  • South Carolina
  • Tennessee
  • Texas
  • Vermont
  • Virginia
  • Washington
  • Wisconsin
  • Wyoming

Post-licensing

A U.S. map with states where McKissock Learning's available post-licensing courses are shaded

McKissock’s post-licensing offerings are all from Colibri Real Estate, like its prelicensing programs. Currently, there are 19 states listed under McKissock’s post-licensing tab:

  • Alabama
  • Delaware
  • Florida
  • Georgia
  • Illinois
  • Indiana
  • Kentucky
  • Mississippi
  • Nevada
  • North Carolina
  • Ohio
  • Oklahoma
  • Pennsylvania
  • South Dakota
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington

Continuing Education

A U.S. map with states where McKissock Learning's available continuing education courses are shaded

Since McKissock Learning specializes in continuing education courses, it is available in all 50 states. Students can choose to take individual CE courses or purchase an annual CE membership, which provides access to various classes and bonus resources. This flexibility in McKissock continuing education allows agents to tailor their education to meet state requirements and professional goals.

Broker Prelicensing

A U.S. map with states where McKissock Learning's available broker prelicensing courses are shaded

Again, like the salesperson and post-licensing programs, McKissock’s broker prelicensing courses are provided through Colibri Real Estate. There are six states under McKissock’s broker prelicensing tab:

  • California
  • Florida
  • Georgia
  • Illinois
  • Missouri
  • New York

McKissock Learning Pricing

Since the cost of becoming a real estate agent/broker can add up quickly, McKissock Learning aims to offer pricing that balances value and affordability. While its individual CE courses and memberships include valuable features, costs may vary based on your state’s requirements. Here’s what you can expect to find in McKissock real estate continuing education offerings:

Continuing ed. $29-$300
CE Plus Membership $99-$339
  • Individual CE courses
  • Credit and non-credit courses
  • Self-paced online or livestream options
  • Negotiation expert courses available
  • The price above is your annual membership fee
  • All available CE courses in your state
  • How-to videos and Pro-series webinar
  • Product and service discounts
  • 100+ job aids (worksheets, scripts, and checklists)

McKissock Learning Alternatives

While my McKissock education review reveals that it’s excellent and reliable for students wanting to take CE courses, it might not be the best option for others with a limited budget. If McKissock real estate education doesn’t sound like the right fit for your goals and needs, consider our other top picks:

School
Why It’s a Great Alternative
Reviews
Learn More
The CE Shop logo
  • Modern, expertly designed courses
  • Excellent online learning platform
  • Continuing education or post-licensing courses already included in Premium packages
  • Business building courses for new agents
The CE Shop review
Visit The CE Shop
colibri real estate logo
  • Pass or Don’t Pay guarantee
  • Buffini & Company coaching videos
  • Professional growth tools for real estate agents
Colibri Real Estate review
Visit Colibri Real Estate
Kaplan real estate education logo
  • All prelicensing packages have exam prep materials
  • Interactive study groups
  • Career Mentor Connect via Zoom
  • Real Estate Accelerator online video course and live online coaching
  • Interest-free payment plans
Kaplan Real Estate School review
Visit Kaplan
360training Agent Campus logo.
  • Affordable courses
  • Live chat, phone, and email support
  • Individual and packaged self-paced courses
  • User-friendly, modern interface
  • Offers a variety of interesting continuing education electives
360training Agent Campus review
Visit 360training Agent Campus

Key Features of McKissock Learning

In this section of my McKissock real estate review, I’ll enumerate its standout features and what makes the school a top choice for students.

CE Plus Membership

Benefits of getting McKissock's CE Plus membership
Save money when you get a McKissock CE Plus membership (Source: McKissock Learning)

McKissock’s CE Plus membership gives students access to all CE courses for a flat fee. Instead of picking and choosing the electives in the a la carte option, students can access every single CE course and the bulk discount. In addition, you’ll get access to webinars and a toolkit for educating homebuyers. Finally, you’ll get extra training in sales, negotiation, marketing, technology, and discounts from McKissock’s product partners.

You can also purchase a multi-state package, which includes all the CE courses required for every state where you hold a license—an excellent value for multi-state agents. If the packages don’t fit your needs, you can always take your CE courses a la carte.

McKissock Blog

Screenshot of McKissock Learning blog
McKissock resources for real estate professionals (Source: McKissock Learning)

McKissock’s blog offers valuable insights for real estate professionals. Topics include market trends, real estate industry news, current events, and career tips. These real estate blogs will help prospective and seasoned professionals navigate the complex market.

Real Estate Appraisal Courses

McKissock Learning real estate appraisal student dashboard
Dashboard for McKissock appraisal education (Source: McKissock Learning)

Besides continuing education courses real estate, McKissock offers appraisal courses for prospective trainees, exam prep, appraisal continuing education, and appraiser certification courses. Packages include all required courses, textbooks, test prep webinar sessions, proctored exams, and a single-state certification.

Methodology

In terms of our methodology at The Close, our licensed real estate professionals, writers, researchers, and editors created a weighted rubric for this McKissock real estate continuing education review. Our experts have done hours of research to analyze key features, pricing, course offerings, McKissock Learning real estate education reviews, and more. All the features we explored are essential for students to become successful agents and brokers in the real estate industry.

  • Course Features 25%
    • This comprises items that assist agents and brokers in completing their education, like pass and refund guarantees, career and instructor support, coaching, training, interactive study groups, and course extensions.
  • Value 20%
    • Pricing and availability of coursework is an essential factor to assess. This accounts for real estate school offerings in prelicensing, post-licensing, continuing education, broker prelicensing, and exam prep. 
  • Learning Format & Accessibility 20%
    • Real estate professionals must consider the best format for their learning, which includes self-paced, on-demand video, live stream, and in-person classes. Also, accessibility via multiple devices, like computers, tablets, and mobile devices, determines the convenience for users. 
  • Expert Score 15%
    • The Close closely reviews each course for stand-out features, details, ease of use, and the value for money spent from a real estate expert’s perspective. 
  • Help & Support 10%
    • If students need additional support, knowing the customer service options through phone, email, live chat, and ticket system is necessary. 
  • Reputation 10%
    • This examines the reputation of each real estate school through the lens of current and past students, reviewing each provider’s customer reviews and popularity.

Frequently Asked Questions (FAQs)





The Bottom Line: Is McKissock Learning Worth Your Money? 

Yes. If you’re an agent who loves diving deep into real estate content, soaking up webinars, sharpening your skills with worksheets and scripts, and learning from top industry experts, you’ll get the most out of McKissock Learning. 

But even if that isn’t your style, McKissock’s a la carte CE courses are affordable and have excellent instructors and a flexible online schedule. Plus, being part of the Colibri group means your real estate education stays in one place, simplifying reporting to your state licensing board. In fact, if your state allows automatic submission of test scores and class attendance, Colibri and McKissock will handle it all for you.

The post McKissock Learning Review: Pricing, Features, Pros & Cons (2025) appeared first on The Close.

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