There is a simple way to end the build-vs-buy debate in real estate software.
Use Excel.
Not as a metaphor for spreadsheets — but as a category of infrastructure. ListingMine is the Excel of Real Estate — not a spreadsheet, but the same category of adaptable, user-controlled infrastructure for your core operations.
No serious business leader wakes up and says:
They buy Excel. Or Google Sheets.
Not because Excel is "perfect," but because it is infrastructure. It is:
Most importantly, it removes a non-core problem from your life so you can focus on running your business. That is the category ListingMine belongs to.
To understand the power of an infrastructure layer, imagine this scenario:
A developer suddenly changes the sales quota for a project. To stay competitive, you must pivot your team's commission tiers from a flat 4% split to a 6% split, minus an RM5,000 buyer rebate from the agency account, plus a 40/60 profit-sharing arrangement with a 3rd party. You also include a "433 scheme" as buyers acquisition.
To complicate it further, all agent commissions and overriding must then be redistributed through their individual subsale schemes because the people involved are "rented" agents from your subsale team.
You call your vendor. They send a quote for an RM20,000 "logic modification" and put you in a 3-week development queue. Your admins spend those three weeks manually calculating commissions in the "cracks" of the system.
You adjust the logic yourself in 90 seconds. No developers, no invoices, no downtime.
This is the difference between owning a tool and being owned by one.
Many agencies claim to have proprietary ERPs to signal sophistication. But if you look behind the curtain, you see the same pattern everywhere: They are running a hybrid of half-ERP and half-Excel.
Because custom systems are hard-coded, they are brittle. The moment reality shifts — a new recruitment model or a project exception like the one above — the ERP stops keeping up.
Admins quietly patch the gaps with manual processes. The irony is brutal: Agencies pay six figures for "enterprise software," while the actual business logic still lives in fragmented spreadsheets.
When an agency builds a custom ERP, they aren't building a strategy. They are building a "Software Statue." It looks impressive the day it's unveiled, but it is frozen in time.
They end up with:
Your advantage is recruiting, training, closing, and culture — not software engineering. Building your own ERP does not make you sophisticated; it makes you responsible for infrastructure you never needed to own.
Custom ERP vendors do not just sell software. They sell permission.
This is the real tax. You are not paying for value; you are paying because leaving is expensive.
Ask yourself: Would you still use Excel if Microsoft charged RM1 for every formula you inserted into a cell? Of course not. Yet this is exactly how most agency ERPs operate. They "work" because you are a hostage.
ListingMine is not a vendor system you endlessly customize. It is the operating layer that mirrors the flexibility of a spreadsheet with the power of an enterprise engine.
The real question for an Agency Principal is not: "Should we build or buy?"
The real question is: "Is this infrastructure — or is this our strategy?"
If it is infrastructure, you do not build it. You standardize it. No one brags about building their own Excel; they brag about what they build with it.
ListingMine is the infrastructure layer your agency runs on. Once you see it that way, the build-vs-buy debate quietly disappears.
Dreaming of building your own real estate firm? The upside is real—but so is the need for ruthless financial planning. Many passionate agents don’t fail for lack of deals; they fail because they undercapitalise and misjudge cash-flow timing.
Read...
Ready to earn like an owner—without the risk of being a boss? If you’re a strong real estate producer or recruiter, you don’t need to start your own agency (and shoulder the overhead, legal exposure, and admin burden) to build a real business.
Read...Every agent dreams of passive income. Rentals and REITs are great—but they’re slow and capital-intensive. If you’re already closing deals, the fastest path to “passive” isn’t a new investment. It’s leveraging the business you’ve already built.
Read...