In this day and age, it’s important to have property management software to help with the organisation and upkeep of your properties. Property management software is not only helpful to property managers, but it can benefit tenants as well. Here are 4 things you can do with property management software.

Streamline tenant screening

Property management software can save you time by guiding you through the tenant screening process. This allows property managers to focus more on finding quality tenants for their properties, while also helping prospective renters simplify the application process and make it faster. You can even find more info at https://mylighthouse.co/ to see the different aspects of property management software. With one click of a button, applicants can automatically check their credit score, criminal history, and eviction history. Applicants can also have their employment history verified in seconds.

What is tenant screening and its importance?

Using rental application software can make the entire screening process smoother for everyone involved. Eventually, you’ll be able to take applicants from your website and find out everything you need to know about them in minutes, then have a background check performed in seconds. When a tenant is looking for a place to live, they will appreciate that time was taken to help them apply for their new home online – and you will appreciate the efficiency of it all.

Increase accuracy & efficiency

Property management software allows you to keep track of the entire property process from start to finish, while still making it easy for tenants to pay rent online or sign a lease electronically. Property managers can also utilise electronic signature capabilities to speed up the landlord-tenant relationship. For example, landlords can send out move-in forms that let them document tenant damages before they’re even reported instead of having to wait weeks for a claim after a renter moves out. Landlords can also issue work orders to tenants with ease through an online portal or app while owners reap the benefits of faster emergency service calls and better staff communication because everyone is on the same page. This way, no one falls through the cracks of communication, which can create problems down the road.

Streamline the payment process

Property management software allows property managers to manage tenants’ funds easily and efficiently by accepting payments electronically. Electronic rent payments offer clear advantages over paper checks or cash transactions. In addition, there are no check-cashing fees, since there are no checks to cash. Plus, you get the benefit of knowing that your tenant is paying you on time. Electronic rent payments are more reliable than paper checks or even credit card payments since they are guaranteed to be collected and credited to your account.

Improve Property Management team communication

Property management software keeps everyone on track by creating a central hub of information that’s available to all parties. This allows property managers to have more transparency into what needs to be done for each property without having to repeat themselves or get lost in email chains. It also helps tenants feel involved with their properties because they’re kept in the loop about upcoming events and services they can benefit from. All in all, this improves internal communication between employees and departments within your company while giving external stakeholders an active role in daily tasks occurring at their homes or office spaces.

Track maintenance history

Property management software is a great way to save time and create a more accurate system for recording maintenance history at your properties. Property managers can go as far as creating an online work order that provides tenants with updates on the progress of their requests. This allows tenants to have more insight into what’s going on from start to finish rather than having to continuously check in with their property manager or landlord.

Maintain maintenance requests

Property management software allows property managers to monitor and maintain all maintenance requests efficiently and manually in one place. This helps keep entire buildings green and efficient while minimizing environmental impact and costs by eliminating unnecessary trips back and forth between buildings and the front desk. Property management software can also help minimize complaints by allowing tenants to track their maintenance requests online – so when something needs fixing it becomes a priority for everyone involved.

There are many benefits to using property management software that offers a variety of services that can help you increase accuracy and efficiency in your daily work while making your life easier when it comes to managing properties electronically. This includes electronic rent payments, online lease signings, quick maintenance requests, and even automatic mortgage calculations with just a few clicks of the mouse. With this in mind, you’ll manage your property more efficiently.

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