VTS

(3)
3.3 out of 5 stars

VTS delivers asset managers and their leasing teams a single platform to track deal flow, manage space, and seamlessly collaborate.

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Showing 3 VTS reviews
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VTS review by <span>Jennifer C.</span>
Jennifer C.
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Verified Current User
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"Rapidly expanding platform"

What do you like best?

The ability to grant third party vendors permissions to comment on current deals so that I can have one status report to review all activity.

What do you dislike?

Growing company that is still figuring out some kinks. Reporting should have more robust capabilities. Their sales folks are not necessarily all on the same page regarding the contract terms. I think this is more due to their rapid growth than to someone trying to be sneaky, but it is frustrating to have to spend so many weeks negotiating one contract.

Recommendations to others considering the product

Jump in now while they're still growing. The product is already good, and their changes have been making it border on great. They recently acquired Hightower, and that has increased the usefulness of their platform significantly. However be careful when reading their contracts - they're not very sophisticated in that respect.

What business problems are you solving with the product? What benefits have you realized?

VTS allows us to view our portfolio as a whole, divide up by region, by ownership, or by building. It allows us a birds eye view to understand our market exposure. It allows us to have multiple vendors reporting on the same project, which enables management to view one report vs. one from each vendor.

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VTS review by <span>Seth S.</span>
Seth S.
Validated Reviewer
Verified Current User
Review Source

"I use this to track deal flow for multiple commercial properties that I lease in Austin"

What do you like best?

I like that it gives you one place to track all the deals you are working on. You can add in as much or as little detail as you want for each deal and set reminders to follow up with those deals. It also gives you the ability to print out a report to send to your client to show the activity you are having on their property or properties.

What do you dislike?

It can be overwhelming at first and takes some patience and time before it starts to be very useful. If you only use it for some of your properties and not others then you will not see the benefits of the program.

What business problems are you solving with the product? What benefits have you realized?

I have gotten rid of the multiple reports that were in Excel that I use to send to my clients and now have on unified report that I can send. I also feel like I am not losing as many deals as I use to because I am able to track each deal better.

What Real Estate Portfolio Management solution do you use?

Thanks for letting us know!
VTS review by User in Real Estate
User in Real Estate
Validated Reviewer
Review Source

"Some people love it...me ehh?"

What do you like best?

It does have a nice visual design, a free trial period and the customer service group added my listings to the service for me....but after the initial on-boarding I found it frustrating to use.

What do you dislike?

The landlord representation (broker activity) view is too visually busy. I only have one property on this platform and find adding comments far too difficult.

Recommendations to others considering the product

It's not cheap and there will be some growing pains as you train up users. Start small and have your tech-savvy teams (PM and Landlords included) test drive the platform before committing.

What business problems are you solving with the product? What benefits have you realized?

In theory, it creates a reporting system which allows the Landlord to get up to the minute reports on the leasing activity at their buildings....but it only works if the brokers (and property managers) actually take the time to enter their activity on the site.

Kate from G2 Crowd

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