Think Tech Labs, provider of REthink, a real estate business management software has announced a new release of its REthink Commercial. Meanwhile, a new release of the firm’s residential software product coincides with the commercial release.
“While we’ve added important new capabilities to REthink in these new releases, ultimately our emphasis was on platform and infrastructure enhancements,” said Tori Jordan, REthink’s head of product. “We dedicated six months to making both our commercial and residential versions faster to configure and deploy, which gets our clients up and running sooner, easier to manage, which lowers costs for both us and our clients, and simpler to integrate with, which positions us well with current and prospective partners.”
REthink Commercial’s new real estate features include automations that enhance a firm’s business process management capabilities and reduce operating costs.
Action Plans. REthink Commercial’s Action Plans provide a vehicle for automating real estate business processes, assigning tasks across the firm, and ensuring visibility and accountability throughout each process. Action Plans keep everyone in the firm in the loop around transactions and other routine multistep business processes and provide the firm with operational rigor.
Stacking Plans. REthink helps with property management by rendering its office and multifamily property information as two-dimensional floor views. For each floor REthink’s stacking plans display such data as key tenants and their rent per square foot, and help firms track lease expirations and stay on top of upcoming space availability.
“What has impressed us about the REthink team is their insight into our business and their client focus,” said John Makarewicz, president of The Mark Spain Team with Keller Williams. “It’s clear to us that REthink comes from a company that understands its clients’ needs and responds to them.”
Think Tech Labs is based in Austin, TX. The company’s REthink software is in use by nearly 500 firms and their more than 130,000 real estate professionals and support staff worldwide. REthink has at its heart a real estate CRM powered by Salesforce, but integrated with these contact management features are capabilities supporting marketing, transaction management, business process management and collaboration, and analytics and business insights.
