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Why Use Estate Management Software There has been increased adoption of technology by business today. The rental management business has been steadily rising. 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. As a real estate agent who deals with rental properties, you need to streamline your work with technology. The rental management software is one of the technologies that the business ought to adopt. 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 call of the clients is the landlords who own the property and entrust you to get their houses occupied by tenants. You have the responsibility to manage the houses and the landlords expect a lot from 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 believe that you will take care of the houses they occupy during their tenancy.These are two parties that might have overriding objectives at times and you must make sure that you carry out the rental management to the benefit of each.
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The property management software comes to help you manage the relationship between you and the landlord and between you and tenants. The software features are made with consideration of the three parties which are the landlords, tenants and agent.
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With the software, you can easily record all the houses that are available from all the landlords. It allows you to update details of the occupied house and their rent charges. The database has fields for house details and details of the current occupant. It shows the time the client has been in the house, the amount paid, and the last amounts paid every time and the balance due. As such, you will easily ask for dues from the tenant. With this software, you can send soft notifications to tenants 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. This also makes it easy to match clients to the type of houses they are looking for.