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 Settlement Room Pricing
By: Darin "Sid" Cameron, CRS
Sat, Dec 23rd, 2006 8:49 pm

Was talking to an agent about Settlement Room and they asked me how it compares in pricing to other solutions, so I just dug out my notes from when I purchased it.

I narrowed my search down to Settlement Room and another product called TransactionPoint by Fidelity Software.  The products honestly look a lot a like.
However both products have small advantages and disadvantages (see my posts from a few months ago about it).

Neither application appeared to take a lot to set up.  I see no reason why an agent couldn't be up and running with it within a week of purchase.

If it comes down to pricing, I think that slightly favors Settlement Room.

Settlement Room charges by the transaction which you buy in blocks:













One advantage I saw with the Settlement Room is that an agent can buy 10 transactions for $199 to test it out and then make a larger investment if they're still 100% in love with it.  At 75 transactions, that’s $7.95 per transaction- which is what I purchased.

TransactionPoint, on the other hand, is a monthly fee of $24.95* per month with a $299.00 set up fee. That’s $600 for the first year (which is equal to 75 transactions with Settlement Room).  Since I would estimate that we will do 50 transactions in the next 12 months, Settlement Room comes out to be less expensive.

There's obviously a point where TransactionPoint comes out ahead, but I'm nowhere near it....

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Darin "Sid" Cameron spent 15 years working in tech sales which in 1998 relocated him to St. Louis. In 2004 he took over web development tasks for Kimberly's real estate team and later became the full-time Marketing and Operations Director. In 2011, he launched two brokerages, The Realty Store, Inc. and Realty Referral Partners, Inc. Sid holds a real estate broker's license in Missouri, CRS certification and was the first CyberStar in the St. Louis area.
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