MASTERKEY BLOG

Community get-together at Barasti

Community get-together at BarastiWe organized another Connect Event bringing together 140+ real estate professionals. With so many attending, Barasti was again buzzing with energy and the love for our profession. The card-matching game sent people looking for their matching card among the crowd making for some amusing moments. Not everyone managed to find their matching card but everyone enjoyed the challenge.   The Connect Event was everything we could have hoped for. Joined by everyone from long-time Masterkey users to non-Masterkey agents just looking to connect, it showed that a pleasant atmosphere and attractive giveaways gives people the perfect reason to attend. We’ll have another community get together again in the near future, so let us know if you have any ideas!   Thank you for making it such an entertaining evening and thanks to Halcon Real Estate and SPF Realty for making the event possible.     The winners: Vladimir, Stones Real Estate Brokers (dinner voucher) Saahil, The Business Real Estate (dinner voucher) Mehdi, SNS Properties (iPhone 4S) Apex Properties (Most Connected Award)

Done in 60 seconds: From new lead to evaluating property

Done in 60 seconds: From new lead to evaluating propertyWorking with leads have never been easier. Masterkey now automatically matches your leads with all available property so that you don't have to. Did you just get a request from someone looking for a 4 bedroom apartment in Dubai Marina? Masterkey will match those requirements with all available listings and show you the matching units. Just select the units to send or simply send them all at once. Your clients will be amazed of how quickly you responded. Just keep your leads accurate and you’ll be zooming along with well serviced clients. Matching listings are displayed right where you need them next to the Contact or Lead making it easy to access. It even tracks which listings you have sent and which you have discarded, keeping you informed at all times. In addition, you will expand the reach of your leads because Matches not only searches your internal agency’s listings but also checks all shared listings through Masterkey Connect. You can easily take advantage of your network to find the right match. It’s a new way to use Masterkey! Matches is available for all Premium users and If you would like to know more see our knowledge base article How do Matches work?

Zavanti - how it works with Masterkey

Zavanti - how it works with MasterkeySimply put, Zavanti is an ERP built for the Real Estate industry. It’s extensive, covers in-depth project-based accounting for Property Developers, Builders, Contractors and Property Owners and it is, frankly, hard to grasp at first. It’s the sort of thing that if you dream about what an ERP could do for you as Property Developer, you might end up with Zavanti after 10 years of work. If you’re lucky. Zavanti was built in Australia, has been used for 20 years and has been continually revised and updated. It’s tried and tested, and Developers around the world swear by it. If we only focus on the Property Developer part of Zavanti, it will pleasantly fit in this simple flowchart. Feasibility If you don’t know what feasibility is, then you probably don’t need it! It’s what happens before the start of a project. You work out what the project will cost, what loans you will need to finance and how your cashflow will look like. Intuitive and well designed, Feasibility lets you play with several scenarios to explore your options. Budgeting, Funding and Forecasting Aptly named, this module can import from Zavanti Feasibility (or Excel) giving you a budget to work with. Variations from the budget require approval, so you’re protected from unknown cost overruns and can track the project down to the smallest expense. Tendering, Task & Contract Management Once you have the budget, you move forward to assigning contractors and consultants to manage your project. This can be done directly with the sub-contractors or you can set it up as a head contract - you can even set limits on who can approve what expenses. Construction This is where it all starts... at least visually! Zavanti dives into the minute details for managing the construction phase: Invoices from suppliers, variations management, progress claims, vouchers, budget to completion and much more. It’s all the essentials that you wish weren’t needed, but unfortunately are. Completion and Reporting Big spreadsheets with informative graphs, Zavanti has all of those reports. It will sum up the project for you and give you an understanding of how you can do it better next time. How it works with Masterkey For a Developer, Masterkey handles everything that Zavanti does not: Marketing, CRM, Leads and most importantly, working with external agencies. The only overlap between the two systems is at the point where data flows from Masterkey into Zavanti. Integration is done simply through the Masterkey API and feeds into the appropriate databases in Zavanti. Most companies love the fact that Zavanti, with all the financial data, can be stored on a local server, while Masterkey is hosted online, easily accessible and connected to other online resources. Masterkey is Zavanti’s Middle East partner, and Zavanti is Masterkey’s Australian partner. The bilateral partnership allows both companies to provide exceptional on-the-ground support for both applications, satisfying local requirements.

Sharing property listings in Masterkey

Sharing property listings in MasterkeyCollaboration is key in generating more business, and the Masterkey Connect feature provides real estate professionals with the ability to do just that – cultivate a community and generate more business. Let me show you how to get started. 1. Select Connections Zone Under the System Admin module, you will see the Connections Zone. Managing connections in Masterkey is all done inside the Connections Zone. 2. Search for companies using Masterkey When you click search, you will see a list of companies using Masterkey. You can also filter the search with keywords or sort the list by company name. When you find a company that you are interested in, you can invite them right away to start sharing listings.   3. Send the invitation Once you send an invitation, the other party can either accept or decline your invitation. Make sure to write a personal message about how working together can benefit both companies. You need to decide whether you are sharing Leasing listings, Sales listings or both, and whether the listings already in Masterkey should be shared as well. Click confirm to send the invitation. Your invitation will now be sent to the other party's inbox and show in their Connections Zone. It's easy to start sharing listings with other companies in Masterkey.

New Community Manager at Masterkey

New Community Manager at MasterkeyAlmost a thousand agents, developers and property managers use Masterkey every day. We have a fast growing community, and the larger the community gets, the more it's worth for everyone in the community. Gokhan Polat is the new Community Manager at Masterkey. His mission is to make sure you get the most out of Masterkey and Masterkey Connect. He comes to the job with the attitude "your success in using Masterkey is our success as a company". Masterkey Connect: We know that agents already share listings with each other, but it's not happening to the extend everyone expects. Masterkey Connect organizes social events and offers Connect Groups to help you join forces with other agents. Gokhan will be responsible for shaping  Masterkey Connect into a central part of our community engagement. Ambassador for the Community: Listening to what you think about Masterkey and helping you get informed about new developments and learning resources, Gokhan will be working with the community to make Masterkey an even better experience.

New customers in October

 We would like to welcome four new customers to the Masterkey community. You can now connect with them in Masterkey and work together to pursue deals!    Bavarian Real Estate (Dubai, U.A.E) Eastern Sands Real Estate (Abu Dhabi, U.A.E) Al Khail Real Estate (Dubai, U.A.E) Sabban Real Estate(Dubai, U.A.E)  

Connect Groups

We are launching six new Connect Groups today enabling agents across companies to contact each other. You can see that Connect Groups include several communities. Not all of the communities are in this first wave of Connect Groups. We will keep you posted!

NEW! Re-order images on Unit File

NEW! Re-order images on Unit FileYou can now re-order images on the Unit File using drag and drop. This is available inside the unit file and currently works with any existing web site integrations and unit cards (e-brochures). It currently does NOT work with portals as the portals will need to upgrade to our new portal integration version. [More]

Release Notes (Q4 2011)

Version V4.5.6.47 (26/12/2011) New: Multiple image upload feature is now available in the system. You can now track work order activities through activity zone. Various bug fixes and minor enhancements.   Version V4.5.5.26 (11/12/2011) New: Matches are now available in the system for premium customers. Rent per annum has been replaced with Rent per month for Qatar groups only. Various bug fixes and minor enhancements.    Version V4.5.4.31  (27/11/2011) New: ‘Search All’ now searches both first and last name in all contact zones. New: An activity is automatically logged when you send a unit card to a contact. New: You can now see how many units you’re sharing per group in the Connection Zone. Companies can enable or disable auto-correspondence emails for system generated leads. Watermarks are now functioning on Dubizzle.com. Several Report Builder upgrades including first-time use wizard. Agent feedback tracking through activity zone. Various bug fixes and minor enhancements. Version V4.5.3.47  (13/11/2011) New: New welcome email templates for new users are now available. New: The new Matches functionality activated for beta tester groups. Property Manager is now added to Quick Search drop-down in Portfolio Zone. Masterkey Connect functionality has been upgraded. Various bug fixes and minor enhancements. Version V4.5.2.37  (23/10/2011) New: Report Builder activated for beta tester groups. New: Rich text editor has now been added on email composers. You can now select Street in the field selection. When adding a lead Referred By field now shows the user that is logged in. (All modules except CRM) Renewal wizard has been upgraded with minor design changes. Various bug fixes and minor enhancements.  

3 days old: Masterkey Facebook group helps set up a deal

3 days old: Masterkey Facebook group helps set up a deal3 days old: Masterkey Facebook group helps set up a deal [More]