AGENTS ONLY | A Real Estate Blog written for Real Estate Agents by Darin "Sid" Cameron, CRS.
Providing advice and assistance to real estate agents. Sid is a licensed real estate broker in Missouri.
The St Louis Agent Team of RE/MAX Properties West
 | For Agents | Forum | Bookmark Site
Subscribe to RSS Feeds - Click Here!
Bookmark and Share
Chat with an Agent!
Real estate questions?
Want to see a home?
 Click for Live Chat or
Call: (314) 598-4040
 Email this Article! Email this article d Discuss this article d Printer friendly page with resizable text
 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:

10

Transactions

$199.50

20

Transactions

$299.00

75

Transactions

$596.25

300

Transactions

$1,485.00

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....

[ Next Article: << Fix Your Own Printers ]
[ Previous Article: >> Settlement Room Questions and Training Manual ]


Search this Blog:


Darin 'Sid' Cameron, CRS

Contact Me on Facebook!

 Contact me on LinkedIn!

Follow me on Twitter!
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.
Certified Residential SpecialistCyberStar!
Follow me on Active Rain!


All Blog Articles XML/RSS

Add to My Yahoo!

All Categories
 Brokers and Franchises  Understanding the Industry  Internet and Websites  Client Stories  Lead Generation  Government and Legislation  Productivity  Website SEO  Blogging  Team and Broker Management  Real Estate Marketing  Products and Services  Tips and Tricks  Computer Software  Computer Hardware  Webmaster Solutions  Advice  Misc Stuff  Trends and Statistics

 What a Government Shutdown Means for Real Estate Buyers and Sellers
 Arch Madness Visitors Guide
 First Time Buyers in 2005 Did Zero Down Programs 43% of the Time.
 Things Buyers Should NOT Do
 Keeping Your Home Protected when It's for Sale
 Your Basement Smells of Urine... Revisited
 Monitoring Your Credit
 New Location; Same Blog!
 FHA Loan Expansion Program
 Today's Mortgage Rates from Gershman Mortgage
Notice: Undefined variable: categories_sids_blogRecords in /home/stlage5/public_html/blogs/agentsonly/a.php on line 352 No records were found!

RE/MAX Properties West
Kimberly Cameron, Team Leader
RE/MAX Properties West Direct: 314 598-4040
16497 Clayton Road Office: 636 532-5900
St. Louis, MO 63011 Fax: 800 573-1985
Email Us Here! Toll Free: 800 573-5276
Equal Housing Opportunity
The St. Louis Agent Team of RE/MAX Properties West
     
 
Realtor