Property Agency

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Modernized Property Management Solution for Landlords

Saturday, May 13th, 2017

Renting out multiple apartments, homes, commercial spaces etc, always involves a number of tasks and property issues. It can be quite confusing to keep track of all the details if they are not handled in the right manner. Achieving this is no mean task, but if you have the right administrative package, you will be able to eliminate lot of hassles that come with property management. Whether you are a letting agent, a realtor or a property manager, you can now use a modernized tool to help you maintain accurate records of your property details at the click of a button and also ensuring that your are legally compliant with the property laws at all times.

Property Management Made Easy

Managing numerous residential and commercial properties the traditional way is not only cumbersome but very time consuming. After all, keeping track of payments, contract terms, maintenance, taxation, etc is no mean task and these cannot be avoided either. Most property owners either assign their property management tasks to letting agents or a local real estate agent who continues to use traditional methods of book keeping. This way of managing properties involves some amount of risk and as a property owner you may not have complete control. Therefore, to ensure complete safety and transparency in the way your property is managed, it is better to use certified administrative software to help you stay in control of all the dealings, payments and other highly essential tasks related to your property.

Choosing Property Application Software

Certified and completely self sufficient property application software can ensure hassle free administration of your real estate business. There are different types of software to purchase from. While some are simple and straight forward, others will require you to install several other programs. Choosing the right property manager software is important, as it can save lot of time and effort. Instead of choosing a program that requires more hands to maintain your real estate records, purchase a tailor made software that will meet your individual requirements. In this way, you will be able to look after your homes and offices without the hassle of having to integrate several programs.

Purchasing the Program

There are some good online companies that offer customized accounting solution for letting agents and landlords. The highly advanced property management software links seamlessly into sage accounts in simple layman way. As much as it is important to buy a tailor made program, it is important to purchase it from certified online vendors. Such companies offer professional support and training to help you maximize the benefits of using accounting software in your real estate management. Some companies offer trial packages and even money back guarantee on their products. This can be a good opportunity for you to explore the program options before you find the right solution.

Holiday Home Property Management – How to Make the Most of the Internet

Friday, May 5th, 2017

 Everyone knows that the Internet is transforming business in general but far fewer people know how to turn it to advantage for their own business.

In holiday home property management, the internet is changing the rules in all kinds of ways. Firstly, most people who are looking to find a holiday home look online first to research their options and get an idea of what kind of holiday homes are available and at what price, in their selected destination.

In fact, many businesses and even tourist boards no longer worry about printing expensive glossy brochures anymore – the action is all online these days!

UK industry research indicates that the internet is by far the largest single source of information when people are looking for holiday homes. So there is no question that your web presence is increasingly the most important element of your marketing.

Whether you decide to have your own website or you just have a page or two on a third party site,  it is vital to really focus on making sure your holiday home is presented in the best possible light. Always invest in the best photography you can afford. You should also consider adding additional features such as using video to make your holiday home stand out from the competition.

However, if only it were as simple as making sure the holiday home looks great on your website! In fact, internet marketing raises a whole host of other challenges It is all very well to have a great looking site, but what if nobody ever comes across it because it languishes somewhere on the 100th page of the search engine results when someone does a search on ‘holiday homes’ in a particular area? It is a sobering fact that  80% of people do not ever look beyond even the first page of search results.

So there has sprung up a whole new industry of search engine optimisation experts to help you rank at a high position on Google and the rest of the search engines. If it is simply not realistic to improve your ranking significantly in the ‘organic’ results, you can always consider a ‘pay per click’ campaign, where you effectively bid for the chance to appear in the sponsored links on the right hand side of the search results page. This is a practical and easily managed way of improving your visibility to your target group for a fixed budget.

It is also vital to offer online booking if at all possible. There are a huge number of options when it comes to software to allow you to provide this facility to prospective customers. With online bookings now accounting for roughly 20% of all holiday bookings in the UK  and growing fast – it would be short sighted  not to offer an online booking facility on your website. There are a whole range of IT solutions available to you at every price range, so you should take time to do some thorough research.

Another area that can provide rich returns is email marketing. Aim to build up a list of email addresses of previous customers and other people who may be interested in your holiday homes so that you can send them regular email newsletters in future, to keep your holiday homes top of mind and increase the chances of repeat bookings.

You can also save money and streamline the efficiency of your property management by using email to let guests know in advance about any holiday concierge services available to them, as well as the key holder services and cleaning services they can expect during their stay. This will increase customer satisfaction with your service and can also provide the opportunity for secondary sales.

The bottom line is that promoting your holiday home well on the Internet will certainly increase the return on your investment. You may not personally have the IT skills or knowledge of web marketing and search engine optimisation to be able to fulfil all the potential yourself. So do not be afraid to turn to experts for advice or assistance.  You will find that some of the better holiday home property management companies can also provide guidance and practical assistance. 

Or you could choose to make the time and effort to teach yourself what you need to know using the many excellent free resources available on the Internet.

Whichever route you take, it is vital to recognise that making full use of the Internet is no longer an optional extra – it should be the core strategy for anyone who is serious about property management and achieving a high yield on their investment.

PropertyWare – A Great Property Management Solution

Thursday, April 27th, 2017

ProWare offers great advantages for operating your multifamily and residential properties. Even for a single family home investor the tool offers great advantage. $20 per month covers up to the first 10 units. And with training available as pre-recorded videos on the web, you can get up and going for little more than the monthly charge. Perhaps more important, choosing ProWare is a great way to set yourself up to scale your property management capability.

I believe ProWare offers a great comprehensive set of features. However, from my perspective, some features are especially compelling for users who are considering a property management system. Specifically, consider the following:

  • ProWare’s web based service is available anytime anywhere. Literally, if you couldn’t afford a computer you can get started simply with the monthly fee for the management system. All you truly need is a handheld scanner and access to the Internet. Even a terminal at your local library could do the job. Perhaps just as positive, ProWare has a disaster recovery site, provides offsite data backup, and uses the industries leading data security and protection capability.
  • Cost stands out as a tremendous feature. You can implement ProWare for $20 per month and serve up to 10 units. The cost for 100 units is $125 per month and for 150 units is $175 or $1.00 per unit. In other words, almost any property can afford ProWare.
  • ProWare offers great add on modules. ProWare will support ACH, Debit charges, and credit card charges creating a fully web ready service capacity for your tenants through its EPay service. ProWare offers background and credit check and integration. ProWare offers integrated advertising management with the ability to upload property photos and to advertise on your website, via Craigslist and more.
  • ProWare integrates with Quickbooks. This means working with your accountant will likely be seamless and the cost contained.
  • ProWare allows scanning and attaching communication with residents, to or from vendors, from contractors, and more by allowing attaching documents to units, buildings, and much more.

ProWare offers a windows like interface that almost any employee, manager, or owner can become familiar with in a matter of days. In short order, you are able to meet your total management needs with a minimum infrastructure while you know you are supported by the very best network and data protection, security and support. As an investor a ProWare supported project can be relied upon. As an operator, the software will meet your every operational need.