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There's no way to get around the most dreaded time of the year when you're running a property business which is CAM reconciliation. There are chances where you either end up billing more than the actual amount to your tenants or have to pay the excess amount charged individually.
With the pandemic waning, most of Canada’s provinces have reopened using a step-by-step approach. For the country’s hospitality industry, this means more people, tourism, and revenue.
Last year, the hospitality industry was one of the hardest-hit sectors due to the pandemic. The hot...
The Covid-19 pandemic disrupted multifamily fundamentals in unprecedented ways. While the industry made several short-term changes, the impact of the pandemic isn’t limited to a certain time. According to The Business Research Company, the global real estate market is expected to grow to $4.6 trilli...
The most important aspect of maintaining a successful property rental business is having top-quality tenants who abide by the rules and pay rent on time.
Bad tenants lead to a loss of income in the future in terms of back rent. To protect your property and income from problematic ten...
Remote work is the new normal.
Though remote work is not new, businesses that required field visits found it challenging to go remote. But with digitization, they have found a way to stay connected with customers and in line with industry trends.
But it was the comfort and convenience for ...
Robotic process automation is more than a trend these days. We’ve seen it go from an interesting concept to one of the most significant innovations for real estate companies. After helping dozens of companies integrate RPA, we can safely say it’s a game changer.
However, it’s still a very...
With recent reports of Cadillac Fairview using facial recognition to track people (without their permission), the question of privacy - within properties and the real estate industry – is up for discussion again.
So how secure are we within a public space or in private property? Knowing that pe...
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...
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...
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...
COVID-19 marked a global change for all industries. With 2021 promising recovery, experts haven’t wasted time forecasting where real estate could go. Thankfully, most trends will be beneficial for companies and investors worldwide.
However, we must focus on one fact: techn...
Real estate technology advances at its fastest since the COVID pandemic began. Rapid adoption has been the main goal for most companies. Today, we'll go through what investment management software can do for property managers.
If you’re interested in leveraging all these benefits, we...
The coronavirus pandemic is a game changer, and its repercussions on many industries will probably last for years after it’s gone. Some of the ways companies have adapted might even become the new standard.
Yet, it still feels like an understatement.
Back office accounting is o...
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