There is no shortage of real estate closing software systems on the market today. Real estate attorneys, paralegals, and settlement agents have their choice of property settlement software and solutions that make the closing process easier, streamline settlement procedures, and maintain TRID compliance.
But, not all real estate legal solutions are created equal and not all real estate closing software systems are suitable for all needs. The key to purchasing closing software that does what you need is to carefully evaluate its functions and capabilities and ensure they match the needs and capabilities of your law firm so you can be sure you are using the best real estate closing software for your business.
Questions to Consider
Having a list of questions as you begin your evaluation and comparison can be very helpful in your quest to find the best real estate closing software. You may want to include questions like:
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Does it include the CD, HUD, and ALTA statements with TRID compliance and the ability to perform all the calculations and data entry across all the necessary documents?
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Are there 1099-S filing, title integration, and title search features?
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Is the software downloaded or is it online so I can access my account from any computer?
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Is the real estate closing software mobile compatible?
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Does it have an interactive ledger with the features I need for my closings and firm?
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Is it integrated with other software I already utilize and need?
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Are there features I do not need that are included regardless?
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Is it easy to use and is tech support included?
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Are there other costs like set-up fees?
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Is there a free trial?
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How many users will need access and what is my overall budget for this real estate legal software?
Once you know the features and integrations you need, along with your budget, weighing out the benefits and drawbacks of
each real estate software should be much easier. Most of the larger, more popular settlement solutions on the market have all the forms you will need to be
TRID compliant like, HUD and Closing Disclosure forms, and ALTA statements. But do they have the critical tools attorneys need for mortgage closings?
SoftPro and RamQuest are two well-known names in the real estate closing industry. Many legal professionals shop and compare these pricey options against Easysoft so we have selected them for this comparison. Unfortunately, the familiar brands, Ramquest and SoftPro, are also accompanied by their reputation of higher pricing in the market today. Read more to see how each product compares to Easysoft Legal Software’s real estate closing solution.
SoftPro
There’s no question SoftPro provides products and solutions that make the real estate closing process easier. The company is a leader in the industry and for good reason with its robust suite of products that provide top-notch services, and it does provide the needed documents and calculations. But, SoftPro caters mostly to the closing and title industry which means that, even though their products are high-quality, easy-to-use, and comprehensive, they are designed for businesses and individuals that handle closings every single day. The large volume capacity of SoftPro makes the higher pricing justified for this capability and other features.
Businesses that handle closings with this frequency tend to need more add-ons and capabilities than the already pricey “basic” version of SoftPro. Real estate attorneys typically handle much fewer closings per year and do not usually need all the options and abilities SoftPro offers. SoftPro has a lengthy list of modules, each of which must be purchased individually.
While this provides users with great customization options, it also makes the entire real estate closing system more expensive even beyond their basic pricing of $150 per user per month plus a one-time setup fee of $399. That’s a total of $2199 for the first year of service without add-ons or customization. This expense is hardly justifiable for real estate lawyers who handle a much smaller volume of closings than title companies and the like.
RamQuest
RamQuest is another highly customizable real estate closing software solution, created mostly for title and settlement agents and companies and therefore very comparable to SoftPro. The software is extremely thorough and comprehensive with the needed documents and calculations, but a lot of features and integrations are not needed for most real estate attorneys who conduct closings.
RamQuest advertises its products as “unique”, “not cookie-cutter”, and has an entire page of their website and a white paper devoted to implementation of their software. That spells complicated, custom-built, expensive, and challenging to implement – absolutely everything a small real estate closing legal firm does not need in a software system. The probability of a highly priced “set-up” fee is also to be expected based on their website “features” content.
The closing software pricing for Ramquest is in the upper price range and unpublished on the internet so a safe assumption is that price and affordability are not one of their selling points. Paying top dollar for features that attorneys do not need with their limited volume of closings, typically does not add up to justify the expense of Ramquest, especially when other options on the market can meet their needs at half the cost or even lower.
Real Estate Settlement Software Designed Specifically for Attorneys
Easysoft Legal Software caters to solo practitioner and small real estate law firms and we’ve been doing that for over 35 years. Our products are designed with attorneys in mind and our pricing reflects this.
For attorneys who have other areas of law and business to attend to and simply want to be able to offer their clients closing services and keep that business in-house, Easysoft is the perfectly priced real estate closing software solution. Attorneys who do not want to deal with complicated, pricy software solutions for services they provide infrequently, know that Easysoft’s legal real estate transaction software is able to provide the automation and features they need at a price that makes sense for their real estate closing volume.
There’s no guesswork or piecemeal add-ons to get a complete real estate closing system through Easysoft Legal Software and you won’t need any technical know-how to get it set-up and running quickly.
Law Firms Benefit More with Easysoft
Easysoft’s real estate closing software is the best and only solution for legal professionals. Everything a real estate settlement attorney and their staff need to manage closings in-house is included in our web-based real estate closing software. With HUD forms and a Closing Disclosure that are auto-calculating, 1099-S e-filing, ledger balancing, title integration, TRID compliance, and much more, you get the tools you need in one reasonable price.
Even better, the closing software is affordably priced for an attorney who does not make closings their primary revenue stream. The system is so easy-to-use, we’ve made it available via the internet so there’s no “implementation” team needed and you can access it anywhere, even from mobile devices.
Here are the answers to the questions above regarding Easysoft:
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Easysoft Real Estate Closing Software includes the CD, HUD, and ALTA statements with TRID compliance and the ability to perform all the calculations and data entry across all your necessary documents.
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Easysoft’s real estate closing features include 1099-S filing, title integration, and title search.
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Easysoft closing software is online so users can access their account from any computer and it is mobile compatible.
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Easysoft has an interactive ledger that includes the features most lawyers need.
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Easysoft Legal Software is integrated with other software that many legal professionals use like title underwriters, Drobox, Rynoh, and InfoTrack.
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Easysoft knows what law firms need to keep their software simple and streamlined.
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As our name implies, Easysoft is easy-to-use and our US-based tech support is included in our affordable pricing.
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Easysoft does not have other hidden costs or set-up fees.
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Our Product Specialists will walk you through a demo of the real estate closing software, answer all your questions, and qualify you for a free 7-day trial.
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Easysoft is very affordable with per user pricing so whether you need one subscription or 20, your pricing will be affordable for your needs and all the users will be linked to allow your staff to share files as needed.
Choosing the Best Real Estate Transaction Software for Your Law Firm
In general, software systems should make your job easier, not harder and a real estate settlement software is no exception. It should be within your budget, your staff’s technical capabilities, and it should open the door to better business practices. If the solution you’re evaluating doesn’t meet these criteria, move on to the next one. Don’t stop until you find a solution that does everything you need it to – no more and no less.
While it is easy to be swayed by bells and whistles, if you never use them, you’re overpaying. That’s a cost many small and solo legal offices can’t afford. Real estate legal professionals are adding settlements and real estate closings to their list of services in order to boost profits. It’s a waste of time and money to see those profits go towards the purchase and maintenance of a real estate software system that is far beyond their needs.
Start your free 7-day trial today and learn how Easysoft is the best real estate closing software for you and your firm.
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