"Industry-wide, more and more real estate data is managed usingsoftware, and the system that has been your pal for all those yearscan no longer handle all the new tracking, reporting, andtransparency requirements that your business demands," Schindelbecksays.

"Your bottom line is starting to suffer for it. What's more,your competitors are already sizing up cutting-edge solutions. Manyhave upgraded. Sticking with your system would be like driving ago-cart in NASCAR, and that's too high a price to pay forloyalty."

The challenge is finding the right upgrade package thatminimizes risk, maximizes the firm's competitive edge and meets theneeds of both the company and its clients. "A new suite can helpyou maximize efficiencies and accuracy, streamline workflow,mitigate risk, create transparency for users and investors, improvecommunications among stakeholders, and deliver enterprise-widesolutions," Schindelbeck says.

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