Decron Implements REALTY|share for Secure Real Estate Investor Portal and Streamlined Document Control
We looked at solutions from law-firm platforms to Dropbox and Citrix. We wanted something malleable that we could customize without costing a fortune… solutions were either too complicated or didn’t have the security controls we wanted. REALTY|share experience in the commercial realty space also impressed us. The team listened to us—they wanted to hear our needs.
Zev Nagel
Chief Administrative Officer, Decron Properties
Overview
When Decron Properties sought to replace an overloaded document management system and update its file share to a meta-data-based structure, firm management found a responsive partner in REALTY|share. The resulting effort equipped them not only with robust document management, oversight and security but also with a world-class Investor Portal. “REALTY|share helped us take a very manual process to an automated one with extreme efficiency”, management reports.
An Important Initiative Begins
Prior to connecting with REALTY|share for this project, Decron Properties examined solutions from a variety of vendors, but nothing met their needs. “We looked at solutions from law-firm platforms to Dropbox and Citrix,” says Decron Executive VP Zev Nagel. “We wanted something malleable that we could customize and that wouldn’t cost a fortune, but nothing fit—solutions were either too complicated or didn’t have the security controls we wanted.” Increasing his frustration, says Nagel, were the vendor representatives. “They wanted to reinvent the wheel—and their software gurus tried to tell us what we needed, which drove us nuts.”
Accommodating for the large volume of data to be migrated and the immovable deadline of October 2020 meant the project would require a phased approach. With guidance from the REALTY|share team, the migration project was defined as two main parts:
A Meeting of Kindred Spirits
Nagel’s outlook changed when he ran into REALTY|share Executive Director Kevin Abel at Realcomm. “We had a ‘kindred spirit’ conversation about sharing and collaboration,” says Nagel. “I was drawn to what had built.”
“Their experience in the commercial realty space also impressed us,” Nagel continues. “During subsequent discussions, the team listened to us—they wanted to hear our needs.” After working closely with Decron Properties’ stakeholders, a final solution was developed and approved by management.
An important initiative begins, initially, the project scope was to update Decron Properties’ REALTY|share and SharePoint installations, but it was expanded to include a custom Investor Portal, integrated with a document storage archive to provide investors with on-demand access to property-related documents, images and other materials. Features of the Investor Portal are extensive:
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