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Use of the Estate Management Software There has been increased adoption of technology by business today. The rental management business has been on the rise. There are rental houses for business and homes. For good reasons, landlords prefer not to manage the houses themselves. Such a reason could be to lack of managerial skills for managing 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. Any agent who does rental management business sought to streamline his/her business with technology. One of the software that can greatly improve your business is the rental management software. This is software that smoothens the operation of your business and meets the expectation of every concerned person. A rental management agent typically deal with 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. 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 believe that you will take care of the houses they occupy during their tenancy.These two parties might be having conflicting interests and you ought to handle things to the satisfaction of each.
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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 has features that are built with consideration of the landlords, the agent and the tenants.
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With the software, you can easily record all the houses that are available from all the landlords. The software makes it easy to update details of occupied house and the renal charges for each house. 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. This makes it easy to claim dues from tenants. The software allows you to easily send notification to clients reminding them of their dues. Once the payment is received, the system automatically updates that a specific amount was paid for a specific account and generates a receipt that you give to the tenants. The software keeps data on vacant houses, their location, description, required repairs and such. This makes it easy to inform tenants who are making inquiries of the available houses. This also makes it easy to match clients to the type of houses they are looking for.