TransactionPoint Reviews & Product Details

TransactionPoint Overview

What is TransactionPoint?

Provider of integrated technology, media and data solutions to real estate franchisors, brokerages, agents and MLS organizations and associations.

TransactionPoint Details
Product Description

Provider of integrated technology, media and data solutions to real estate franchisors, brokerages, agents and MLS organizations and associations.


Seller Details
Seller
Real Estate Digital
Company Website
Year Founded
2011
HQ Location
Aliso Viejo, CA
Twitter
@re_digital
863 Twitter followers
LinkedIn® Page
www.linkedin.com
19 employees on LinkedIn®
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TransactionPoint Reviews

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IT Project Specialist
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Invitation from G2
What do you like best?

Overall, RED is a great tool for real estate professionals. Their website designs in particular provide a great user experience. In addition they also have a great support staff that will meet weekly with companies to enhance their user experience. Review collected by and hosted on G2.com.

What do you dislike?

While RED does a great job, some of their internal intranet tools are outdated and need to be refreshed to keep up with current technology. These tools include their CRM, email campaigns, and CMA tools. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

With RED, we are able to meet our clients in their digital needs via the website and email campaigns. Also, the RED intranet is a great resources for our agents to find all the necessary resources and tools in one place. Agents know they can rely on the intranet to get them anywhere. Review collected by and hosted on G2.com.

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UR
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

What I like most about transaction point is that there is no detail missed with this software. It will ask you for every date, contact, document, etc for every transaction, and it will keep you on top of everything and you will be more organized. Review collected by and hosted on G2.com.

What do you dislike?

It is pretty expensive software, and because it asks for so many details, it takes a long time to open a transaction, and maintain a transaction, and close a transaction with this software. You have to be committed to it. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

take the time to be trained well so you can make no mistakes with the software. someone else on my team wasn't well trained and it derailed a few of our transactions because she mis-inputed information into the system. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

Business problems that were solved with TP were organization problems. it was too hard to keep track of everything pen and paper style, and excel isn't quite advanced enough. I've seen benefits of having every detail tracked so when our clients ask anything about their transaction we have an answer for them and know where to find it. Review collected by and hosted on G2.com.

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AR
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best?

It doesn't crash, it has a nice name, they must a have really good sales staff to be able to talk brokers into using this. Review collected by and hosted on G2.com.

What do you dislike?

Look and feel of software from the 1980s, incredibly difficult to use, just super complicated, the user friendliness of an untamed feline, doesn't allow users to delete items once uploaded (like why..?). This software shouldn't exist and it is not clear how they convince brokers to actually implement this. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

Anything but them and you should be fine Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

None, it is genuinely a horrible software. Please for the love of god, stay away. Review collected by and hosted on G2.com.

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Real Estate Consultant
Real Estate
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Invitation from G2
What do you like best?

The ability to cut Docusigned PDFs into separate documents is nice, but I believe that feature is fairly par for the course these days. Review collected by and hosted on G2.com.

What do you dislike?

This is more of an internal transaction management system. There is not real client-facing features to update them on the progress of where their transaction is and what is coming up.

The user interface is very old school and clunky.

It is not mobile optimized.

Does not integrate well with MLS/RETS data

Review collected by and hosted on G2.com.

Recommendations to others considering the product:

I would recommend looking into Dotloop, Skyslope, Reesio, or another more modern transaction management software provider. All have upsides/downsides based on what integrations you need or problems you are trying to solve, or as in my case, if you are located in California and need a solution that plays nicely with Zipform, who currently has an exclusive deal with C.A..R. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

My company uses this for submitting closed files. I would not use it otherwise. There are too many newer, more progressive companies playing in this space. Review collected by and hosted on G2.com.

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Owner
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

The best part of TP is being paperless. We, as a company, were able to create and implement the platform with the activities and resources we needed. I also like the fact that you are able to order NHD Reports, Home Warranties, Open Escrow right from the platform. Once the items are ordered, they reports are uploaded directly into your file from the companies you choose. Review collected by and hosted on G2.com.

What do you dislike?

The "look" of TP is a little 'less pretty' than some of the other platforms. It could use a makeover. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

The ease of this platform is something to look into when looking for a transaction management platform for TC use. There are other platforms out there, but TP is really geared for TCs, while other platforms are geared more toward agents. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

Being paperless is the biggest problem TP solved. Having all files at your fingertips, being able to review the file, having all of your 2000 agents online and paperless. Review collected by and hosted on G2.com.

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UR
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

Being able to upload documents and send to broker and to others. Review collected by and hosted on G2.com.

What do you dislike?

You had to use a bar code to upload each document Review collected by and hosted on G2.com.

Recommendations to others considering the product:

It's Ok. Try it. It's not a bad transaction management tool. Better than nothing. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

Not having to physically bring documents into the office. Review collected by and hosted on G2.com.

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