Property management can be a constant cycle of managing existing tenants and finding new leads. Customer Relationship Management software can help property managers organize their leads. While they handle other management processes, CRM software can help with sales and customer data management. ...
The financial health and growth of the company are priorities to every property manager. As the industry has begun adapting technology, property management analytics are also changing. Whether it is tenancy, lead generation, or marketing, you can understand it all through modern data analytics. In r...
As a property manager, making lease agreements can be a complex task. It includes many clauses and terms that can make you wonder--why signing a lease agreement is necessary.
Lease agreements are legal documents that offer protection to both the tenant and property manager. Even if ...
Real estate forecasting was traditionally based on intuition and word-of-mouth. In today’s environment, data-backed decisions form the backbone of a company’s financial growth. As there is a lot of data generated every day, you can use technology to leverage your business growth.
PropTech...
The property management industry has been slow to adapt to new technology. But with remote working being a necessity, the industry underwent some notable changes. Artificial intelligence changed the way the industry functioned. It has revolutionized property management by automating data analysis, a...
The real estate industry has been facing challenges for more than a year. From real estate investors to property managers, everyone has struggled with the impact of the pandemic. Most companies have shifted to remote working and relied heavily on technology to make it possible. Thankfully, Prop...
Tenant screening is an essential process for property managers. For those managing multiple properties, screening can be time-consuming and tedious. Individually verifying each application and conducting background checks isn’t the most efficient approach either.
You can simplify yo...
Across the world, the rental property market is impacted by Covid-19. As the world recovers from the pandemic, the market is expected to reach $1765.5 billion in 2021. With the real estate trends changing, let’s explore how the market fares in different countries.
It’s an understatement to say that COVID caught everyone off guard. Households, businesses, enterprises, and even governments failed almost equally at estimating the best practices during the onset.
Thankfully, it feels like the worst period might have finished now. Now, we just need to g...
Construction tech is one of the hotspots for investors in real estate. In 2018, construction technology saw a massive boost, with venture capitalists investing nearly $3.1 billion in contech startups.
Contech had a difficult year in 2020 with the pandemic restricting fundi...
Bookkeeping can be a tedious task in the real estate industry because of the large number of transactions. A majority of Americans live in rental accommodation, with 41% of them renting single-family homes.
As a property manager, accounting for the client’s property will be you...
Being a property manager comes with multiple responsibilities. And if you are new to property management, mistakes can cost you money. Whether you want to avoid making those or just upgrade your knowledge, this guide will help you.
Here are the ten things you should avoid when renti...
Project management is a key skill for all companies. It’s easy to see why: projects lead to growth, and management leads to completion. However, we’ve worked with several clients who had several misconceptions about project management.
This skill isn’t solely to stay on top of projects an...
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