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The PlanetRE app is a real estate search and productivity app for buyers and sellers.
Platforms: iOS
Ideal for: Agents; PlanetRE software users; consumers in Northern California/L.A. County
Top selling points
- Built-in transaction history
- Back-end agent interaction
- In-app document signing
- Tracks/publishes listing search activity
- Listing feedback/ratings
Top concerns
The company has a lot of competition from much larger industry names, from Zillow to Keller Williams. While the app is good, PlanetRE agents will have to work hard to encourage client adoption.
What you should know
PlanetRE has developed a decent real estate search app for consumers looking for services in the following California counties:
- Santa Clara
- Santa Cruz
- Monterey
- San Mateo
- San Joaquin
- San Benito
- Los Angeles
There are map searches, an easy way to toggle on and off how neighborhood amenities (parks, schools, etc.) overlap with available listings and INRIX-integrated commute times.
There are also search filters according to lifestyle, accessed via a menu of category blocks, such as “Culturally Rich,” “Health and Safety,” or “Golfer’s Paradise.”
(How golfing gets its own app category over a multitude of other popular regional activities is intriguing. Northern California has stunning shorelines, endless trails, cycling, wine, etc.) (And the app should better define “Culturally Rich.”)
Activity on the app feeds into PlanetRE’s Socialite CRM, which helps app-affiliated agents keep track from their desktop what’s happening in the market.
The initial search screen after opening is visually mediocre, and it looks more like it was coded as a mobile-responsive browser app than a true mobile app.
Search results emerge on the map as plain dots or flagged price icons. There’s color coding in play to demonstrate market status.
There’s a tabbed menu view that gives me quick directions, a street view, or bird’s-eye look, all via Google Street View. I think the breakdown of community features is well executed.
The other search parameters are selected by a misleading drop-down. Tapping a black arrow instead triggers a clinical pop-up of technical housing terms, many of which are going to confuse and likely frustrate today’s efficiency-minded, lifestyle-driven mobile home shopper.
For example, I can search for homes by “Cooling Type.” Cooling type?
Doing so reveals an exhaustive list of ways to air condition a home, including four different kinds of air conditioning (area, individual, none, and unit), roof package (joint or separate), whole house fan, and multi-units, among others. There’s also a “new construction” option.
It’s clear that PlanetRE has mapped its search functionality against common MLS fields from its data partner, MLSListings, Inc. in Northern California.
It’s not uncommon for a search app to, in some ways, mirror the detail of an MLS search. But, don’t consumer search apps exist because historically multiple listings services have proven to be out of touch with consumer needs? Isn’t this why we have Zillow?
This app demonstrates that in spades.
Consumer-focused home search should smooth over, or outright eschew, intricate industry jargon on foundation types and water sources, especially in the mobile environment. This looks more like something an inspector would use, or what I’d find exploring a tax record.
This is the mobile search equivalent of MLS hot-sheets.
Potential sellers can use PlanetRE to get a home value, powered by Zillow.
Enter the address and you’ll get a property details page and its Zestimate. The app alerts the agent on the backend that a user has requested a valuation. It’s not much in terms of lead qualification, but it can be a good enough reason to make contact.
If the user is a previous client, any transactions from their CRM record will filter into the app.
PlanetRE’s transaction management tools can be accessed via the app, and they allow buyers to execute any number of required documents sent to them by their agent and sign using the company’s SOC-2 compliant encryption.
As someone who has signed formal offer documents on a mobile phone, I find this integration well worth the effort on the part of PlanetRE. The market is growing more comfortable with digital, arm’s-length business, especially in light of the COVID-19 working environment.
From the lack of search ingenuity to the use of a Zestimate, there isn’t anything new here.
PlanetRE needs to give more credence to the fact that Zillow, realtor.com, Trulia, Redfin, Movoto, Keller Williams, Homesnap, and a number of other national brands and proptechs already have their app logos on millions of mobile device home screens—apps that people use simply for the love of real estate, to dream about that refreshed urban craftsman two streets over that might finally be on the market.
In summary, the market for home search apps is crazy tight, and I’m not sure there’s any room in there for this app. At least not its current state.
Have a technology product you would like to discuss? Email Craig Rowe
Craig C. Rowe started in commercial real estate at the dawn of the dot-com boom, helping an array of commercial real estate companies fortify their online presence and analyze internal software decisions. He now helps agents with technology decisions and marketing through reviewing software and tech for Inman. He lives near Lake Tahoe in the northern Sierra Nevada of California.