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January 2016

PropSpace Recognizes Asteco’s Legacy of Excellence in the Region

As part of our commitment to celebrating innovation and excellence in the region’s real estate sector, PropSpace recently awarded one of our pioneering customers–Asteco–in commendation of its leadership and achievements in the U.A.E’s property management sector.

(From L-R) John Stevens, Managing Director of Asteco receives the award from Alex Nicholas, CEO and Co-Founder of PropSpace

Founded in 1985, Asteco is celebrating 30 years in the Middle East, a tenure that saw it witness firsthand the dramatic evolution of Dubai’s real estate sector. From its humble beginnings, the company is now the region’s largest independent real estate consultancy, associated with several iconic property developments in Dubai and the UAE.

“We are passionate about providing the best technology to forward-thinking real estate companies like Asteco,” commented Alex Nicholas, CEO and Co-Founder of PropSpace. He added: “As a regional pioneer of proprietary enterprise software for the real estate sector, there is a shared synergy between PropSpace and an organization like Asteco that shares our mutual commitment to innovation and leadership.”

In 2014 Asteco debuted its franchise concept, the first-of-its-kind program in the region. It offers real estate companies, independent realtors, aspiring real estate entrepreneurs and established entrepreneurs looking to diversify their existing businesses; access to Asteco’s proven pedigree and successful business model.

“PropSpace offers one of the best real estate software systems on the market,” noted John Stevens, Managing Director of Asteco. “The vast array of features makes it a powerful and easy-to-use platform for our agents. Our franchisees in particular consider PropSpace an integral part of their business, having tremendously impacted their bottom line.”

Leading real estate institutions like Asteco count on PropSpace in their quest for business excellence. Contact our Sales team today to find out how we can boost your business!

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PropSpace Releases Region’s First Arabic Real Estate Software

Launch of the Arabic Version of PropSpace is a Major Milestone Towards Promoting Software Utilization within MENA’s Real Estate Industry

PropSpace is proud to announce the launch of its Arabic version, catered to the MENA region.

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Commenting on the launch, Alex Nicholas–Founding Partner of JRD Group, the parent company at the helm of PropSpace–noted: “The release of PropSpace’s Arabic version reflects our clear and constant commitment to pursuing innovation and using technology to tangibly transform the real estate sector. Arabic is the official language of over 25 countries, representing nearly 400 million speakers. We are delighted to provide our existing and prospective customers in the Middle East with an advanced and world-class software solution that can be utilized in their native language. ”

Developed in 2011 by technology enterprise JRD Group, PropSpace proves the most popular industry enterprise software in the U.A.E., with over 95 percent of the nation’s real estate brokerages utilizing the cloud-based system. Considered the region’s first full scale  multi-functional cloud-based real estate software, PropSpace consists of multiple modules that capture to a variety of workflows in the real estate sector, including but not limited to lead management, listings, deal flow, document generation and the region’s largest private MLS (multiple listings service).

This development elevates PropSpace to a prominent position in the region’s real estate software market, where a compelling need exists for enterprise software in Arabic. “Technology is a powerful agent for change but to truly transform an industry, ensuring regional and consumer relevance is critical,” emphasized Dr. Khaldoon Tabaza, Founder and Managing Director of iMENA Group which made an investment in JRD Group earlier this year. Added Dr. Tabaza: “PropSpace continues to implement pioneering moves in real estate technology. The launch of PropSpace in Arabic will encourage more individuals and institutions to join the software revolution, optimizing their businesses and collectively streamlining what is often a fragmented industry.”

The launch of the Arabic version follows significant steps by JRD Group to expand the PropSpace client base across the MENA region and globally, to more established markets further afield. Following a successful soft launch in London in September 2015, PropSpace made a promising debut at the 2015 REALTORS® Conference and Expo held in November 2015 in San Diego, California (U.S.A.); the first in a series of moves intended to position itself as the premier cloud-based real estate software solution worldwide.

Nicholas concluded: “We are committed to continuously innovating PropSpace, enabling our clients to operate in line with industry best practices and with an agility that will help them respond quickly to business developments and market changes.”

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2015 – A Year to Remember

We hope you and your families have been enjoying this festive season!

2015 has been especially memorable for us here at PropSpace. We delivered new enhancements that not only improved the way you do business but set new benchmarks for the real estate industry in the UAE and MENA region.Here’s a quick trip down memory lane as we take a look at some of the fresh features and key milestones for 2015:

GOING GLOBAL

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From a homegrown passion project to entering new markets in the region and further afield, this was the year that PropSpace made its mark across the Middle East – launching in Bahrain, Jordan, Lebanon, Oman, Qatar and Saudi Arabia – and in some of the world’s most dynamic real estate markets, including the UK and the USA. More exciting international developments are underway for 2016 so watch this space!

TRANSFORMING AN INDUSTRY

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Earlier this year, we launched the region’s first private Multiple Listing Service through PropSpace. A landmark move, we are proud to have pioneered this service in the region, contributing to combined efforts for transparency and efficiency in the MENA real estate sector.

More recently, we also released the Arabic version of PropSpace, possibly making it the world’s first cloud-based full-feature enterprise software for the real estate sector in Arabic!

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FIRST-RATE FEATURES

We continue to keep you front and centre with all the fantastic new features we’ve been adding so that you can boost your business. Here’s a look at our top picks from 2015:

“Lead”ing the Way– We get what you’re after…leads, leads and more leads! So this year we introduced several valuable and easy-to-use features, including Leads Escalation, Leads Priority, Hot Leads and Lead Reminders, to ensure you score even more leads and turn them into done deals.

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Listing Quality– The stronger your listing, the better your lead-generation. Listing Quality is a premium feature that delivers superior value to PropSpace users by not only indicating how you can enhance listing quality but also generating key analytics about listing performance.

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Advanced Reports – A feature like none other on the market, our Reporting Suite gives you first-hand access to an array of detailed report generation and metrics, so you can measure and monitor key workflows and performance.

Branch Management – As your business grows, we grow with you. With the Branch Management function, you can add other office locations to your platform and manage and view activity across multiple branches in multiple locations.

Plus, we’ve brought you even more value-added tools such as the Price Index, Bulk Update, built-in Location Text templates, RSA Two-factor authentication tokens and the list goes on…. Oh and we launched two whole new sections on PropSpace dedicated to Property Managers and Developers!

2016: NEW FRONTIERS

The support, feedback and loyalty of each one of our valued clients has been pivotal to our amazing journey. Thank you for your patronage. We’ll keep innovating PropSpace in 2016, bringing you the all the latest enhancements and tools you need to get ahead!

Happy New Year and wishing you all the best for 2016.

Team PropSpace