Real Estate Transaction Management Software Reviews: How Paperless Pipeline Stacks Up

Choosing a real estate transaction management platform is one of the most important decisions your brokerage will ever make.

The transaction management process is highly complex, and one missed milestone or critical due date could cause a deal to fail. This would waste time and resources and ultimately impact your bottom line.

Your real estate teams will use the system hundreds or thousands of times daily. The time it takes to get things done and to get the information you need can be the difference between surviving and thriving in a competitive real estate industry. You need to be growing your business, not your workload.

Real estate brokers need to choose a transaction management system that suits the business’s growing needs, is reliable, and can prevent deals from falling through the cracks.

In this guide, we’ll share how Paperless Pipeline ranks against other popular transaction management software. We’ll also explain what you can expect when you use our platform.

What Is Real Estate Transaction Management Software?

There are endless moving parts involved in the transaction management process. There are also many different professionals involved in closing a deal. This process can quickly become a mess if you don’t have the right systems and procedures in place.

Transaction management software is a system that is purpose-built to handle the real estate transaction process. It’s designed to streamline and automate various tasks involved in managing real estate transactions, keeping everyone up-to-date as the process continues.

Usually, transaction management software will have these basic features:

Document management.
Task and deadline tracking.
Communication and collaboration features.
Compliance and audit trails.
Reporting and analytics.
Integration with other systems.

It’s vital that brokers choose transaction management software that has the right features for the type of brokerage they’re running.

Who Needs Real Estate Transaction Management Software?

Typically, transaction management software helps real estate brokers, agents, transaction coordinators, and admins efficiently manage the complex processes associated with buying, selling, and renting properties.

Whether you’re a broker just starting in the real estate industry or leading a team of hundreds of agents, you need software to manage the transaction process. This type of software ensures you remain organized, compliant, and on top of every transaction.

Even if you only close a few transactions a year, transaction management software is necessary. Managing multiple transactions simultaneously can quickly lead to an administrative headache, resulting in deals falling through the cracks.

Here’s why each person on your team needs transaction management software:

➡️ Real estate agents

Agents can manage multiple transactions simultaneously and keep track of important documents, tasks, and deadlines to ensure a deal stays on track. Most transaction management platforms will also help agents communicate with and service clients.

➡️ Real estate brokers

Real estate transaction management software helps brokers oversee multiple agents’ activities within their brokerage. The tool also helps brokers ensure compliance with regulatory requirements and monitor the performance and productivity of their teams.

➡️ Transaction coordinators

This type of software helps transaction coordinators handle all the administrative tasks associated with real estate transactions. It also helps them keep organized and ensures that they gather, complete, and submit all necessary documents on time.

Why Paperless Pipeline Is Dominating the Real Estate Industry

Paperless Pipeline is the number one rated real estate transaction management software platform on G2 Crowd and Capterra.

Below is an overview of the customer ratings of Paperless Pipeline, Skyslope, and Dotloop from G2 and Capterra. They consider features, pricing, and—more importantly—customer satisfaction. Scores are out of 5.

G2 Crowd ratings

Paperless Pipeline 4.7
Skyslope 4.4
Dotloop 4.2

Capterra ratings

Paperless Pipeline 5
Dotloop 4.6
Skyslope 4.5

You need a simple software management system that can cover all angles. One that ensures that you complete every step of the transaction on time and in the right order. And you don’t want to spend thousands of dollars.

There are several platforms on the market, so it can be hard to wade through all the information.

We’ve created this page so you can quickly decide on the best platform for your business.

We’re confident that Paperless Pipeline is the obvious one. 89,000 brokerages across the US and Canada already think so.

Who Are the Main Players in Real Estate Transaction Management?

Before you can choose a real estate transaction management system, you need to compare the different options on the market and determine how they will meet your brokerage’s needs.

In this section, we’ll compare some tools against Paperless Pipeline so you can make an informed choice when selecting transaction management software for your brokerage.

There are several established providers in the marketplace: Paperless Pipeline, Dotloop, and Skyslope, which specialize in the real estate transaction market. We will also look at generic alternatives, such as Dropbox and Google Drive.

Paperless Pipeline versus Dotloop

Dotloop is a cloud-based real estate transaction management software designed for brokers, teams, agents, and service providers. Its main features include transaction management, workflow tools, audit trails, digital signatures, and document management.

Let’s look at how Paperless Pipeline and Dotloop compare:

Price

Dotloop plans start at $299 per month and work on an agent-based number model. The more real estate professionals use the system, the more expensive it gets.

At Paperless Pipeline, our plans start at only $60 per month for an unlimited number of users. Unlike our competitors, we’ll let you try it for free and won’t charge you for setup.

Contracts

Dotloop requires a minimum one-year contract and does not offer a free trial to determine whether the platform is right for your brokerage.

At Paperless Pipeline, we do things differently. We understand that real estate businesses go through cycles of work, and our pricing reflects this. Visit our pricing page to learn more about our pricing options.

You only pay when you’re working on deals. With Paperless Pipeline:

✔️ You only pay for what you use.

✔️ There are no long-term contracts.

✔️ You can cancel, upgrade, or downgrade your plan at any time.

Training and support

We’re confident that once you start using Paperless Pipeline, you’ll love it. That’s why we’re happy to spend time getting your team trained.

We’re not here to make money on an expensive setup—we want you to use Paperless Pipeline to run your real estate business for years to come. We offer:

✔️ Free training.

✔️ Free ongoing support.

Many of the brokerages we serve have noted that our training is so comprehensive and helpful that their teams adopted the Paperless Pipeline with ease within just a few days.

Managing workflow

Dotloop will replace the familiar tools your agents use, so they must learn new workflows. This duplication of time and effort means more stress.

Paperless Pipeline works easily alongside your existing tools to set you up and running seamlessly. No new software or processes for your agents to learn. Our tool:

✔️ Integrates with over 3,000 of your current tools.

✔️ Has no complex new operating system to learn.

Transaction tracking

Dotloop will only allow you to download each transaction manually. At Paperless Pipeline, you get to download all your transactions each month. We offer:

✔️ Easy monthly backups of all your data.

At a glance

Paperless Pipeline versus Skyslope

Skyslope is transaction management software that allows brokerages to store, organize, and audit real estate documents.

It has a streamlined review process and customized checklists. A digital log keeps track of all user interactions to help with compliance. It also offers integrated forms, digital signatures, and contract management.

Here’s how Paperless Pipeline compares to Skyslope:

Pricing and contracts

Skyslope charges start at $299 per month on a one-year minimum contract. They have no free trial to see if it’s the right fit.

Compare that to Paperless Pipeline at $60 per month. You can cancel anytime with a free trial offer.

Signatures

A digital signature service is essential for real estate transactions. Agents need easy and quick access to these tools to minimize delays and costs.

Skyslope will replace your existing tools, and agents must re-learn new proprietary software—a time-consuming business.

With Paperless Pipeline, it’s business as usual. Our system will work seamlessly with the existing services favored by your agents, with nothing new to learn.

Training

Skyslope charges $500 for the initial setup and training, and there is no free trial to see if you like it. It’s a gamble.

Paperless Pipeline will charge you nothing to train your team.

We know you’ll love the system and become a long-term Paperless Pipeline user. Again, we offer:

✔️ Free training.

✔️ Free ongoing support.

Workflow management

Skyslope forces you to use their entire suite of tools, to increase the price. This is not only more expensive but also unnecessary.

We’ve made sure Paperless Pipeline works with all your current tools so your agents can carry on using other real estate software they love. Paperless Pipeline:

✔️ Integrates with your current tools (including digital signature services).

✔️ Doesn’t offer any complex new tools to learn.

Transaction tracking

Skyslope will only allow you to download each transaction individually. Paperless Pipeline allows you to download all your transactions and provides monthly backups.

✔️ Easy monthly backups.

At a glance

Dropbox and Google Drive

Some real estate brokerages run their transactions on Google Drive and Dropbox. These tools are often the choice for brokerages that want a low-cost solution and a system that requires little training.

While we understand why brokerages use these platforms, we also know they create a lot of extra work.

Paperless Pipeline versus Dropbox

Dropbox is widely used and has many useful features. However, Paperless Pipeline has many more features that are critical to managing real estate transactions. Our three major advantages are:

Custom checklists

Paperless Pipeline will set up custom checklists to track every single document and task required from the initial viewing to completion.

The system ensures that nothing gets lost and that everybody knows what they’re required to do and when. There’s no room for errors. Dropbox can’t offer this.

Recorded communication

With any transaction, there are a ton of notes, emails, and messages that are easily lost.

Paperless Pipeline records all communications and notes because we know it’s the difference between a smooth sale and a disorganized and late transaction. Dropbox doesn’t offer a feature like this.

A single source of truth

There are so many moving parts in any real estate transaction. One major challenge is keeping everything in one place, and ensuring that nothing goes missing or gets filed in the wrong folder.

Everyone involved needs to be able to access that crucial document at the touch of a button.

That’s why Paperless Pipeline created our Review Submitted Documents function. It’s all there, where it belongs. Dropbox can’t do this for you, either.

Dropbox can’t offer as many key features as Paperless Pipeline. The platform:

❌ Can’t easily locate documents for any stage of a transaction.

❌ Can’t get a reminder when compliance tasks are due.

❌ Can’t enable real estate agents to submit documents by email, scan, or direct upload.

❌ Can’t view detailed performance reports.

❌ Can’t track the status of transactions.

Here’s a testimonial by brokerage owner Kerry O’Neal about why he’s chosen Paperless Pipeline over Dropbox:

Paperless Pipeline versus Google Drive

Google Drive is an excellent tool, but it isn’t designed for real estate brokerages. Paperless Pipeline has far more features that will solve your transaction management challenges.

What Paperless Pipeline can do that Google Drive can’t

Paperless Pipeline will set reminders when compliance tasks are due.

Paperless Pipeline will actively track the current status of all transactions and allow you to locate all related documents instantly.

Our software allows you to submit documents by email, scan, or direct upload, whichever works best for you.

You’ll see the bigger picture. Paperless Pipeline understands the importance of monitoring activity and progress, so you can view summaries and detailed performance reports.

Our tool lets you track the status of your transactions at any time.

Why Paperless Pipeline is the Obvious Choice

✔️ We consistently score the highest rankings on satisfaction surveys.

✔️ Our price-per-transaction model means you only pay for what you use.

✔️ You can upgrade or downgrade your plan based on the next month’s expected business.

✔️ You can add unlimited users at no extra cost.

✔️ You aren’t required to pay for expensive extras. Many Skyslope and Dotloop users pay for features they don’t use, such as e-sign.

✔️ There is no minimum term, meaning brokerages aren’t tied into expensive contracts.

✔️ We offer free training, setup, and support to help you and your real estate agents get the most out of the software.

✔️ Unlike our competitors, we are independently owned, so our only focus is on delivering a world-class product.

Close deals faster ⏩

✅ Easily organize workflows with transaction checklists and automated reminders.

✅ See all documents in one place and mark them as reviewed with a click. That’s document management made easy.

✅ Add new transactions in seconds from any device.

Happier, more effective agents 😀

✅ Real estate agents can sign and view documents wherever they are.

✅ The software adapts to the way agents work.

✅ The intuitive and easy-to-use user interface ensures agent adoption.

✅ Agents can view comprehensive commission reports to monitor their income and production.

Simplify compliance 🛡️

✅ Maintain a record of activities for each transaction.

✅ See who reviewed documents and when.

✅ Auditors can view records within the platform or download data. This means you’re always audit-ready.

Reduce business costs 💵

✅ Stop wasting money on software your agents don’t like.

✅ Less administrative work results in lower staffing costs.

✅ Flexible plans ensure you only ever pay for what you need.

More efficient admins 👩‍💼👨‍💼

✅ Create new transactions in just 60 seconds.

✅ Access documents, notes, emails, and team tasks from any computer or smartphone, anywhere, anytime.

✅ Calendar sync and task delegation save hours of admin.

Attract and recruit top-producing agents 🤝

✅ Offer them mobility and efficiency with easy-to-use tools. They can even use Paperless Pipeline to work remotely, which is an excellent way to attract new talent.

✅ Top-producing agents love tools that are portable, versatile, and simple.

✅ Top agents love the freedom and convenience of working from anywhere and accessing their deals 24/7.

✅ Top agents hate wasting their time learning convoluted new processes forced on them by over-engineered systems.

Retain your agents 🧲️

✅ Paperless Pipeline lets you offer mobility, time-savings, and high productivity to your agents.

✅ A super-easy-to-use interface.

✅ You won’t be forcing your agents to change the way they like to work. It’s just what you need to keep your agents on board.

Go Paperless with zero risk 💻

✅ We don’t tie you into long-term contracts. You pay month-to-month for the level of service you need. There are no setup costs or other hidden fees.

✅ You can upgrade or downgrade your plan at any time. And you can cancel anytime—no questions asked.

✅ You can download all your data monthly in an open, vendor-neutral format.

✅ Our customers save thousands of dollars each month on office and labor expenses directly from using Paperless Pipeline.

✅ Our commitment to simplicity and continuous improvement makes Paperless Pipeline a great platform for transitioning your company from paper to paperless.

A team that’s there for you all the way 💪

✅ We’re recognized as the easiest transaction management system on the market.

✅ As your business evolves over the years, our team will be there for you every step of the way.

✅ If our software isn’t right for your business, we will be the first to tell you. And if it’s the right solution, you will find no better partner.

Make Transaction Management a Breeze with Paperless Pipeline

Transaction management is a complex process with many moving parts. Miss one critical due date and your transaction could fall through completely, impacting your bottom line.

Investing in transaction management software like Paperless Pipeline ensures a deal never falls through the cracks. Everyone on your team will be kept up-to-date and on task so that every deal closes smoothly.

Our purpose-built transaction management software helps thousands of brokers close over 30,000 transactions per month with ease.

Visit our website for a free Paperless Pipeline trial, and let us show you how simple and streamlined the transaction management process can be.

Frequently Asked Questions (FAQs)

What is Paperless Pipeline?

Paperless Pipeline is purpose-built, cloud-based real estate transaction management software designed to automate the entire transaction management process.

It allows you to manage transactions from start to close, track deadlines, handle commissions, and securely store documents online.

How does your pricing work?

Our pricing plans offer unlimited users, no annual contract, and the ability to change plans anytime. Our pricing is based on the number of new monthly transactions you create, starting at $60 for 5 transactions.

You can add all your admins, brokers, and other support staff for free. You can also add part-time and full-time agents without incurring new costs.

All our plans include the same benefits without any setup or cancellation fees. Visit our website to claim your trial to try Paperless Pipeline for free.

Only admin users can see your account details and pricing options. As a result of our permissions system, individual agents can only access the transactions they are involved in and will not see administrator settings.

How does the transaction file quota work?

When you create a transaction file on Paperless Pipeline, it counts against your quota for the current month’s billing cycle. The transaction quota is reset on your billing date every month, and any open transaction files you created in the previous month will not count against your new quote.