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Why Use Estate Management Software Today, businesses are adopting technology in their operations. There has been rise in the rental management business. There are rental houses for business and homes. For good reasons, landlords prefer not to manage the houses themselves. Most of the landlord seek agent services since they do not have the required management skills to run the rental properties. There are landlords who do wish to deal with the tough clients but rather have them deal with the agents. There are those who cannot affords the time required to manage the rental houses since they are committed in other activities. It is very important that any real estate agent who deal with rental properties to streamline his business with technology. One of the technologies that your business should adopt is the rental management software. The software is made to ensure that your business runs smoothly and meets the expectation of each person. As an agent, you have two types of clients. One one hard, you have the landlords with the rental properties and expect you to get their houses occupied with tenants. A lot of management responsibilities have been entrusted to you. You have the tenants as your clients on the other hand. They trust you to connect them to houses that meets their criteria. They also expect that you will take of the house during their occupancy.There might arise conflict of interest between these two parties and you should be able to make sure that each is satisfied.
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The property management software gives you the power it build a healthy relationship between you and the landlord and between you and the tenants. The software features are made with consideration of the three parties which are the landlords, tenants and agent.
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The software makes it easy to have a full records of all the houses available and from each landlord. It allows you to update details of the occupied house and their rent charges. You will also be able to include the details of the house and details of the current tenant. It keeps the time the client entered the house, the total amount paid, total paid lastly and the balance due. This makes it easy to claim dues from tenants. The software allows you to easily send notification to clients reminding them of their dues. After tenant has made payments, the software automatically recognizes that payment with respect to particular account has been made and a receipt is automatically generated. The software keeps data on vacant houses, their location, description, required repairs and such. This makes it easy to answer clients who are looking for houses. you will use then information to match clients to the type of houses they are looking for.