What does Cloud-Based Property Management Software do?

Are you still using spreadsheets to manage your properties?

Is it slowing down your property management software?

Are your servers crashing time and time again? If yes, then it is an indication that you need to upgrade it to cloud-based property management software.

Here are some benefits why you need cloud-based property management software:

1. Cloud property management software allows you to work from anywhere

You’re constantly on the go as a property manager. From customer meetings to inspections to maintenance organizations, your software needs to be accessible from anywhere to reduce downtime and help you find the information you need when you want it.

With cloud property management software, your data is stored virtually in a secure network of servers which can be accessed as long as you have an internet connection. This allows you to log in from anywhere in the world, at any time. You are no longer limited to a single computer, database, location or time zone.

Improved transparency also means easier collaboration. Using the mobile app of the company, you could be on-site performing an inspection and your team member could be in the office writing the inspection report for the same property. This not only enhances productivity, but it also keeps everyone in the loop.

2. You can automate repetitive tasks with Cloud-based management software

If there are many tasks that are repetitive and time-consuming then you can automate them with the help of cloud-based property management software. It includes:

Reconciliation Traditionally, you’d have to download a file from your bank to update your accounts and type each payment manually into your code or table. This may take hours each week, depending on how often you do this and how many properties you control.

Cloud property management software automates many processes for you. Just import your bank file and it will allocate it to different parts of your portfolio automatically. All you have to do is approve with a single click the matched transactions or change the allocation as appropriate.

In fact, if your cloud property management system has bank feeds, you can instantly import your trust account transactions directly from your bank overnight, saving you even more time!

Data backups and software updates If you are using server-based property management software, it is likely that you will spend a few hours each month to back up your data and update your software. This is all done automatically with cloud property management software. So you can say goodbye to downtime and IT expenses related to data recovery and technology upgrades. It’s hours of lost productivity that you get back every month!

Processing and paying bills Some cloud property management software systems make it a breeze to process and pay bills.

Planning inspections When planning your inspection day, you often need to manually determine which properties are due for inspection and then calculate the distance and travel time between properties to determine the most efficient route. You must then manually identify the relevant tenants and prepare notices for inspection. Many cloud software management systems will automate this process to save you time.

Communications By automating your communications, you can save time with cloud property management software. In order to ensure reliability and product continuity, you can set up message templates and triggers based on specific behavior and tasks. For example, customized messages are automatically generated with attached statements once you have disbursed your owners and suppliers. Until sending them off, you can set these to fire automatically or have them ready for preview in your outbox.

3. Some cloud property management software helps you stay compliant

RealEstate Management Software

As a property manager, monitoring is tricky. There are many moving parts–you have to comply with regulations, keep track of monitoring activities for your owners, and ensure that any financial operation and contact for audit purposes is tracked and documented.

If you use server-based property management software or spreadsheets, enforcement activities are likely to be manually monitored and stored in large volumes of data each month. This often results in missed assignments or small data entry mistakes that escalate into larger ones that take plenty of time and money to rectify the coming audit time.

4. You can reduce add-ons with cloud property management software

If you use server-based property management software, you are likely to use a number of add-on programs to inspect, track maintenance, send messages, and manage listings. These are multiple subscriptions that you pay for each month, in addition to what you already pay for your server-based property management software.

The team will recall multiple logins, not to mention, and continuously move from program to program to perform regular property management tasks. Meanwhile, to prevent unauthorized access to your portfolio, you need to keep track of various subscription billing cycles and ensure that your team follows best security practices.

You will through add-ons with everything you need to handle your assets using cloud property management technology. Look for a system with comprehensive trust accounting, integrated inspections, and maintenance, inbound and outbound messages, multiple security layers and flexibility to integrate with other programs. That way, every month you can save hundreds (or thousands) of dollars while increasing your efficiency.

5. You can streamline your communications with cloud property management software

Communication is one of the property management’s cornerstones. You track leads every day, coordinate repairs, chase rent arrears, etc., etc. Sometimes it feels like an endless cycle of calls, SMS, letters, and emails that come from a variety of different directions. In addition, your team members have internal noise… that’s where cloud property management software comes in! Through putting together most of these platforms into one forum, it can help you streamline your communications. Send and receive custom emails and SMS directly back to your portfolio, trigger automated notifications based on specific tasks and behavior.

6. Cloud property management software can help you scale your business

If you use server-based software, your growth is often limited as your space is limited. You need to maintain and upgrade your servers to scale up your business, which is expensive and inefficient as your entire team needs to log out of the system.

In comparison, storage is digital and uncapped with cloud property management technology. This allows you to upgrade or downgrade your storage or subscription as required. It’s much more cost-effective because you just pay for what you need.

Furthermore, there is a lot of automation in cloud property management technology that can simplify your workload and improve your performance. Alternatively, you should focus on maintaining friendships and growing your rent roll.

All in all… Here are six reasons why you need cloud property management software: 1. It allows you to work from anywhere 2. You can automate repetitive tasks 3. It helps you stay compliant 4. You can reduce add-ons 5. You can streamline your communications 6. It helps you scale your business

QuickBooks vs. Property Management Software

Property management has its own distinct challenges. You need to market your vacancies, oversee the leasing cycle, collect rent, and manage a range of services, including maintenance and landscaping of buildings.
Several property managers and landlords are using QuickBooks to manage their finances in an attempt to simplify. You can set up each unit as a customer and each tenant as their job and use the software to track new owners, issue monthly statements and automate invoices.

QuickBooks may look like a good solution at a glance. But it is only meant to help with the general finances. But only one aspect of property management is handled by QuickBooks. You are likely to achieve your financial goals using its accounting features. But in order to remain competitive in the property management environment, you should go the extra mile. That’s why, with QuickBooks and other solid accounting software, property management software has become a popular choice.

Property Analysis Software

Property management is much more complex than financial management.It is important that you have a system in place to help you execute some key functions when it comes to managing multi-unit rental properties.

Related Post: Micro Apartments-Redefine Real Estate Trends

Property management software offers a lot of options for your business performance. From Managing Multiple Properties with all the essential features that your business needs. Whether you are a landlord managing a handful of properties or a property manager with hundreds of properties.

Your software solution must enable you to:

Centralize and Digitize information

Property managers have no patience for data to dig through. You need to combine everything in a secure online hub that can be accessed 24/7 by you and your team. Accounting solutions out-of-the-box just deal with one part of your business line: accounting. You will be able to monitor maintenance issues and rent collection with the right property management software and easily share relevant data with employees, contractors and tenants.

Efficiently collect rent

Property Management Software

Unlike QuickBooks, industry-specific software makes moving the entire request for maintenance to the cloud easy. You must ensure that repairs are performed quickly and correctly from filing service requests to issuing work orders to tracking progress. The correct software also allows you to keep tenants in the loop and monitor the performance of contractors, ensuring transparency and accountability. And while increasing time-consuming paper-based applications, it does all that.

Establish Strong Communication

Good communication is the key to maintaining positive relationships with tenants, contractors, and employees. Whether you’re talking about routine maintenance announcements or holiday greetings, you need an effective channel to communicate with your team and they need to be able to reach you as needed. Property management technology provides a portal that enables easy communication through email or SMS, allowing users to use their preferred device: laptop, tablet or smartphone.

Related Post: Benefits of Adopting Software Systems at Property Management Firms

Property Management Software:The Solution you need

Property managers and landlords will see lasting benefits through Mpower. Mpower is a real estate management software that lets you list all your spaces on the dashboard, accept inquiries for the listed spaces and earn effortlessly. You can also maintain financial records and paperwork that reflect the transactions made with the bank and the customers. Moreover, we provide you with a dedicated relationship manager that looks after all your queries and resolves them in no time.

Manage your entire space inventory and earn effortlessly with Mpower!

Why New Generation Prefer Renting Over Buying A House!

With changing trends and technology today’s generation has different thoughts as compared to their parents and grandparents to owning the house.
As you drive through any Indian metropolis, you will surely come across with giant billboards selling the dream house in swanky high-rises with all modern amenities, but generation, of today, is not too keen to buy a home of their own.
There are various reasons for such behavior that includes personal preference and economic deliberation.

The Mindset Of New Generation-

Interestingly, a new generation has come to a shift in value and culture. Nearly 40 per cent population of urban India in top 8 metro cities lives on rent, which increase the demand for good rental properties every year. As a new generation, millennials have a very different thoughts on home ownership than their parents or grandparents. Youngsters, as well as working couples, have many other priorities that contribute significantly to the growth of the home rentals – with such exorbitant annual rents in the top cities, however, one of the most important aspects that distinguish the current generation from its previous one is that they are focused on utility and experiences rather than ownership. Thus, a rented home located very near to one’s office place with good connectivity and stable connection is very much desirable to a young professional than an owned house located miles away.

Related Post: 5 Steps to Increase Conversion and Rent Out Your Property Faster

The EMI-to-rent ratio-

Real estate management software

One of the considerations when buying a property is of course affordability. The rent of a certain property is always less than the EMI one would be paying. But when the difference between EMI and rent is not much, then there is a chase for buying the property EMIs help in building an asset. In India due to a relatively higher price of property, the EMI ratio is very high as compared to renting a property due to which staying on rent is more viable than having the owned house.

Co-living space-A new trend-

While renting house is getting more organized, the fact that millennials prefer sharing to ownership and are shying away from home ownership in favor of renting this has given rise to the concept of co-living spaces. Based on the ‘plug-and-play’ model, co-living helps the residents share amenities like wi-fi, phone, housekeeping, laundry, water, entertainment. Also, they share a kitchen, bathroom, living areas, and pantry. It’s like a home away from a home.

With property prices rising in gateway cities, co-living offers residents shorter and more flexible lease terms compared to ready-to-move-in convenience. Along with that comes additional benefits like electricity, water, gas, all-inclusive with the rent. Hence, millennials are willing to pay high premium for their stay in an organized set-up as this saves them from chores like separate bills payments etc.

Given that demand is increasing and there is a relevant supply too, this shows that co-living space is set to grow significantly in the future.
‘Generation rent’ is thus a phrase that is apt for millennials and the real estate industry needs to be well equipped to adjust to this new paradigm.

Making The Millennial Connection-

Property management companies

The millennial consumer also wants to enjoy the modernized, tech-driven rental home-seeking experience. Indian millennials are wired to go the online way for home renting, They use the internet and love to research they know the popular websites and the information they are promoting.

When millennials find a home that interests them, they look at both the street and aerial view on Google Maps. They pore over any photos or 3D virtual tours.Younger consumers will also use the internet to research their agent. Consequently, they demand an agent who is demonstrably smart and resourceful. Reviews and referrals from their peer groups matter to them hence using those reviews, they will decide if you are worth their consideration.

Related Post: Age of Experiences is here: What is Experiential Marketing?

Communicating With Millennials-

Millennials tend to be less patient. They expect quick response time to their questions and concerns. Being attentive to their communication preferences they prefer to text or phone and act accordingly. The property management software should contain up-to-date and comprehensive information where they can learn more about the local market as well as the buying and selling process. If your clients are buying property their first home expect many questions. One should have complete knowledge of the local market to build the trust. So the property management companies should be very expert in addressing the clients requirement and supporting the clients in all the aspects of buying properties on rent also generating a back up for resource information that customers require, so they can access for themselves.

As we move into the future, younger generations of home buyers will share millennial characteristics. millennials will be the dominating generational force in the housing market. You can wrestle with that fact, or you can embrace it and figure out a way to keep up with this cohort of home buyers. Be honest and sincere, authentic, original and empathetic. Demonstrate to your potential clients that you stand for something greater than yourself. It’s important to help them maximize their time, efficiency and money while minimizing their risk.

In order to leverage the right property to the customers the Real Estate managers need to have an online platform which can resolve the customers queries thus MPower is such a online platform to assist the Real Estate companies and manger to manage their properties and guide their customers in right perspective.

How IoT Is Revolutionizing The Real Estate Sector

Today’s world is technology-driven, you think of anything and it is backed with IoT in some or the other way. With such a high demand for AI and IoT, even real estate sector is highly influenced.

Internet of Things (IoT) and Artificial Intelligence (AI) are the buzzwords in a technology-driven world, even real estate developer are deploying this to their upcoming properties to influence the home buyers Developers are working towards the automation of products to their new developments. Earlier due to the huge cost of technology such advantage could not be provided to the customers but now as India is also a technology-driven country so there is a reduction of cost factor even the deployment cost had gone down due to which application of IoT becomes smooth.

renting property

Real estate today is no longer confined to a brick-and-mortar structure with developers constantly looking for ways to offer value to their customers. It has evolved into creating a healthy environment for people to live, work and play, thereby improving the health and quality of life of households in India 

 
 

Wifi which is now the necessity of every house enable home automation products like video door panels, sensor-based light and video-based security and surveillance systems, automatic management of home appliances, air-condition, television, geysers and other such electricity appliances the entire home automation is controlled by a single application which is slowly becoming part of new development, especially in the metro areas.

MPower, a real estate management software has been working with developers and property managers to manage their multiple properties and thus it had influenced the business functionalities. 

Real estate industry completely runs on raw materials like bricks, cement, iron, steel and more. To understand the inventory, agents can keep track of the stock availability at the sites. Tracking of materials helps the real estate companies to avoid the unnecessary wastage of material hence cutting down the unnecessary cost on material and investing the money wisely. Such tracking of materials can be wisely done by IoT application.

 real estate management software

Not only this even the decision making also have great impact with the IoT usage better decision making can be taken by customers or property managers. The devices provide valuable information that realtors can leverage to improve sales. An in-depth, predictive analysis of the home serves as a “report card” of the property’s value. Agents can provide this information to prospective buyers to boost their confidence while making the buying decision.Instead of wasting time by seeing the property multiple times for consideration, prospective buyers can use accessible, informed analytics to make quick and better decisions.

 
 

IoT applications will keep booming and molding the real estate industry in innumerable ways. When selling a home, agents ought to think about whether the home is IoT enabled or not for the offer. It will likewise be fundamental for agents to analyze how IoT innovation can enable them to expand their own activity proficiency and create leads.

Infrastructure flaws are not noticeable if a building is newly built. Though, all buildings will age and require attention for its maintenance. IoT helps developers give the assurance that buyers need before signing the agreement. The predictive technology will help tenants identify and address infrastructure flaws over time. By using IoT enabled sensors and real-time energy monitoring, tenants can track any inconsistencies that come up and schedule for maintenance automatically.

Even commercial real estate also see changes in its operations due to IoT usage. The devices connected make it clear who is responsible for the particular task. Due to such a system, last-minute changes can be made even so there’s less confusion for workers regarding their directives. They can be designed to connect all of the major systems in the facility. like HVAC , lighting, etc IoT can show how the building’s units function as a whole.

Leveraging IoT applications in commercial and residential real estate can lead to cost savings through better operations. This works more apt when the managers have all the operational data with them this further helps to make changes to reduce pressure on their equipment. Such in-depth reports lead to less maintenance and replacement costs. 

Commercial tenants can also use IoT to improve their businesses with property management software which led to greater efficiency and employee satisfaction, tenants may raise their business’ profile and potentially the profile of the area through IoT. Building owners can’t mandate certain technology upgrades for their tenants. However, they can educate tenants to the power of IoT for better business benefits 

Real estate has always been a lucrative option for investors. However, technology has begun to change the expectations of commercial real estate, and it’s likely to keep growing on this path. Owners and investors who understand how the advancements of today will impact the profits of tomorrow stand the best chance to sustain in the future.

IoT has already begun to increase efficiency in construction, building management, home buyers and tenant satisfaction. such capabilities and IoT features will continue to grow and adapt to new building needs in the future.

5 Steps to Increase Conversion and Rent Out Your Property Faster

In a world where customers demand reliable and instantaneous information, on-demand services are on a rise. You can easily access an ocean of information on your fingertips. Anyone can stream their desired TV shows, book a cab for a quick errand and catch up with world news just with a few clicks.

It is important for the real estate industry to keep up with the pace of the on-demand economy. This economy is sure to revolutionize the trends of the industry on a large scale. Customers will expect quick solutions when it comes to property.

Potential tenants desire responses regarding property listings the same way they desire everything else – fast. From quick replies to follow ups, here are five steps to be taken to increase your lead-to-lease conversion rate and rent out your properties faster:

1. Respond to queries as soon as possible:

The early bird gets the worm. Be quick as a cat when it comes to replying to customers. We are talking minutes instead of hours. Studies suggest that you have a 40 percent better chance of engaging with your customers if you respond within the first 1-2 minutes of the inquiry being made. And if you thinking that waiting for even 30 minutes is not going to affect your chances, you are going to lose about 20 percent of potential renters as they will have moved on to other listings.

property management software

The least you can do to keep the customer hooked is acknowledge their inquiry using Artificial Intelligence (AI). Innovative technology has made it possible for you to reply instantaneously to queries. Moreover, you can program the AI to answer frequently asked questions and schedule showings of the property.

Related Post: 6 Affordable Retailing Alternatives for Small Businesses

2. Qualify Leads

It is of paramount importance to figure out if the property the customer is interested in is the right fit for them. You would not want to offer a smoker a smoke-free property or a pet owner a space that isn’t pet-friendly.

Setting up a criteria that filters the renters who are not fit for the property saves both your time and theirs. When you list the property, you should include as much information as possible before they reach out to you. Even after they have contacted you, ensure that the expectations they have from you match with what you have from them.

If all is well and good, you can proceed to the next step that is the showing. If not, you two can part ways or you can offer another property that will be best suited to their needs.

3. Cross-Sell

Do not rule out a renter if they are not a good fit for the property they inquired about. Instead, offer them to check out other properties you own or manage. Cross-selling allows you to turn more leads into leases.

To do so, you can by figuring out their requirements by the questions they ask or by redirecting them to the listings of other properties owned or managed by you. If you are successfully able to get the customer interested in the space, schedule a showing.

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4. Follow Up

Following up is the most important step to converting leads into renters. However, property managers assume that one follow up is sufficient after the initial point of contact to keep the customer engaged. Contrary to that, research shows that following up five times within four days of the inquiry is the ideal conversion ratio that ensures you get the most out of the query.

Contact them the same way they first contacted you. If they sent you an email, reply them back. If they made a phone call, ensure that you call them back. Send follow-ups emails stating the important points covered in the conversation. Moreover, you can ask them about their feedback or if they have any further questions regarding the property. Enabling multiple touch points makes the customer think you are interested in renting out the property to them.

Related Post: Factors To Consider When Buying Or Renting Warehouse Space In India

5. Lease Online

With the proliferation of technology in all walks of life, it is about time you moved your business online. If you still rely on screening through submission of applications – consider digital leasing.

Research on a platform that lets you list all your properties and allows customers to get in touch with you regarding the space they like. Additional features that will boost your business is accepting payments through the same platform. This lays out the foundation of managing everything from one place. By switching to a digital method you will not only save valuable time but also fill vacancies faster.

MPower is one such platform that allows you to list your space inventories, accept inquiries online and earn effortlessly. You can also link your bank account and receive money into your account after you complete a booking. MPower lets you keep detailed records of your business to let you resolve issues of property management and finance.

Make the most of these five steps and you will see that letting your properties stay vacant will be a thing of the past. Utilize your time optimally to increase your cash flow with MPower.

Factors To Consider When Buying Or Renting Warehouse Space In India

Business Growth is extremely exciting and dreams fulfilling of every business owner. With your business growth, there comes an expansion plan as well which require a warehouse space. So before you require much large space for holding or dispatching your goods there are certain factors to consider while buying or taking a warehouse space on rent.

Traditionally one of the most ignored sectors in logistics, warehouses have now developed into sophisticated stockrooms with advanced, real-time tracking mechanisms and other state-of-the-art facilities, which have been instrumental in shaping the modern economy. Thus it had evolved from traditional godowns’ to the modern setups which have a complete suite of the warehouse management system. Now the trend is changing and there is a great demand for warehousing and logistics especially from tier-II cities like Jaipur, Ludhiana, Lucknow, Guwahati, etc

There are various factors to consider while choosing a warehouse space for your business.

property management software

Calculate the space required

Business planning is a meticulous task as it never works on the present work situation. It only works with the estimated plan of business growth in the coming years. Having a thoughtful space planning is very essential for the growth of the business. Space can be a valuable deal only when it is well-calculated else in case of gradual growth it can disturb the financial circle by incurring the extra funds in the space. So a better analysis you have the wiser you will be to make a decision. Thus the storage requirement should be according to the product.

Related Post: 6 Affordable Retailing Alternatives for Small Businesses

Desired Consumer Base

While choosing a location it is very essential to consider your customer’s location. Your customers should be in close proximity to your warehouse. This will lead to good customer service as well will reduce the cost of shipping thus with the faster and cheap shipping process. This will make your customers happy and more likely they will be loyal towards your brand.

Proper documentation and understanding of Rent  term

The rent agreement or lease agreement is a vital document one should go through it accurately before finalizing your warehouse space. Even the increase in the rent amount should be considered if it shoot up the cost will disrupt the financial planning of your business.

Proximity to the carrier services

Make sure your warehouses are near to carrier services as it will streamline the process of shipping your products to your customers. If there is a good balance it makes the shipping process easier and faster as well make customer loyalty. Always determine a reasonable balance of distance between the manufacturing location, warehouse storage, and customer and always evaluate the transportation and shipping costs that go with that distance

Related Post: Ways to Improve your Real Estate Customer Experience

Workforce Availability

More than the physical space of the warehouse location it is the demographics that matter. Understand your labour need because people in different locations have different skills and so the price of the place changes accordingly. Always consider the supply and demand of workforce availability.
If the demand of workers is more in that area it will then lead to high salary so such variation will impact the business so having a proper evaluation of the workforce in the area is very essential before opting for warehouse. To research and understand the demographics of the area, research the educational attainment and income levels of the city or state, which can be found on government websites. Understanding the workforce is important because it impacts your employee retention and productivity rate.

inventory management

Longevity

Consider the longevity of your warehouse location it will impact the growth or shrinking of your business. Always analyze the potential growth of your company and determine if the warehouse location has room for expansion. If your product is seasonal, it is always advisable to consider a location that offers the seasonal renting facility. Evaluate the potential of the warehouse space and plans for longevity.

Taking the advice from the Professionals

It is always advisable to take the suggestion from the experts since every industry has different work condition so with the expert’s suggestion any unforeseen problem can be resolved prior.

Having an apt online platform for managing multiple warehouse properties. With the demand in the growth of warehouse space, there increase the necessity for online property management software,

MPower is one such platform which completely takes care of all the properties from a single interface. Thus providing accurate data analysis.

Choosing a warehouse location require lots of aggressive research work. The location of your warehouse can be mutually beneficial for your company as well as your customers, overall providing a more efficient, effective, and profitable experience for your customers and company.

Ways to Improve your Real Estate Customer Experience

For businesses that frequently come in contact with direct customers, it is pivotal that you provide a good customer experience if you wish to retain them. As per a 2018 PwC study, consumers are ready to pay 16% extra for good customer experience. Yet, the most important reason why customers turn their backs towards businesses is insufficient speed and efficiency along with inconvenience.

More and more businesses are focusing on improving their point of contacts with customers. This enhances their experience and adds a personal touch which in turn retains the customers. On-demand services like Netflix, Uber, Ola, etc. are surpassing the expectations of customer experience, thus helping them sore their business to unmatched heights.

The expectations of customers have drastically changed over the years, with most of the consumers expecting quick and reliable solutions. Businesses need to get on board with the trends of the market if they want to make it to the other end.

CUSTOMER EXPERIENCE VS CUSTOMER SERVICE

Customer service and customer experience are two sides of the same coin. Even though customer service had been the top priority of businesses for the past few years, light is now being thrown on the importance of customer experience.

Related Post : How has the Digital Era impacted the Real Estate Industry

So what really is the difference between the two? According to Forbes, customer service is defined as “the advice or assistance that a company provides to its customers.” whereas customer experience is defined as “the total journey of a customer’s interactions with a brand.”

Customer service is a reactive measure that a business takes when a consumer reaches out for assistance. However, customer experience is a proactive measure where a business reaches out to the consumer. This makes the customer feel heard and acknowledged.

real estate customer experience

CUSTOMER EXPERIENCE IN REAL ESTATE

Due to the entry of a number of competitors, retaining your customers can be a difficult task. Even the slightest of frictions between the interactions of you and the customer can result in a drift.

Customers demand quick responses and reasonable prices when it comes to real estate. Being at their constant beck and call can enhance their customer experience and improve your goodwill in the market.

WAYS TO IMPROVE YOUR REAL ESTATE CUSTOMER EXPERIENCE

Confused about how to improve your customer experience in your real estate business? Leave your worries to us as we have listed here a few things on how you can get started

  • Low Response Time

The choices that consumers have has increased significantly while their patience to wait for a response from the business has dropped. Speed, convenience and efficiency are vital if you are aiming at improving your customer experience. Simply acknowledging their queries and requests can buy you some time while you contact the customer to resolve the issue within a few hours or days from which a query was made. This takes up very little of your time but yields great results in customer experience.

Related Post :Location Based Entertainment: An Emerging opportunity for Startups

  • Consider Automation

Automation is the recipe to run a successful business. More and more people are opting for automation, thus increasing the efficiency and speed at which your real estate business caters to the customers. Automating most of your processes allows you to focus less on calls and paperwork and more on growing your property business.

real estate management software

  • Streamline processes

Proper planning and execution reduce the chances of you facing any hiccups in your business. An easy way to solve this is to opt for a property management software that takes care of all the processes of your real estate business. This allows you to take care of everything from one place at any time, anywhere.

  • Measure success

Measure the growth of your real estate business every now and then to figure out what marketing strategies you should plan next. An easy way to do that is to generate timely reports that help you analyse the trends in your business.

These are some of the ways to enhance real estate customer experience. Now, following all of the above without a little help can be tedious. Keeping that in mind, we have developed the perfect solution to all your real estate problems.

Mpower is a real estate management software that lets you list all your spaces on the dashboard, accept inquiries for the listed spaces and earn effortlessly. You can also maintain financial records and paperwork that reflect the transactions made with the bank and the customers. Moreover, we provide you with a dedicated relationship manager that looks after all your queries and resolves them in no time.

Manage your entire space inventory and earn effortlessly with Mpower!

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