How can property management platforms increase efficiency?

To those in estate or property management, it’s no secret that the industry has been late to the game when it comes to property management platforms. During the height of the pandemic, they had to scramble, like most of us, to create a hodgepodge of processes that kept the doors open and kept them safe; now they’re seeing that many changes to the way the world does business  (i.e., less in-person contact) are here to stay. Whether you are selling properties or managing them, this means finding new ways to engage the client and collaborate with colleagues – and incorporating digital tools into your daily workflow. There are several different platforms one can use, but the bottom line is using an all-in-one solution will make the integration easier, even if your idea of technology has been limited to text…

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Dynamic platforms supporting the monetization of properties.

People are becoming increasingly creative about ways to generate income these days, including monetizing the property they live on. The most obvious example of this is Airbnb, which has been around since 2008 but exploded in the years leading up to the pandemic. And though business certainly suffered during the first several months of 2020 (revenue plummeted about 80%),  it has since rebounded as people resumed traveling. In fact, since they can work from anywhere they are often staying for longer periods, which means opportunities for hosts to create modest side hustles to six-figure revenue streams.  Others are renting out areas of their land as storage space or for events such as weddings, or growing crops on the property for sale at farmers’ markets.  Whichever avenue you choose, you’ll soon find that it is like running any small business,…

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Estate management software for remodel or renovation projects.

The past two years have brought an incredible boom to the housing market, with an estimated 15.9 million people filing change-of-address forms with the US Postal Service. Many were escaping large cities, while others moved closer to family members to lessen the sense of isolation. Countless others stayed put but renovated their homes to accommodate a new workspace or revisit projects they had shelved back when a large part of their day was spent commuting. For those in real estate and related fields, it was a time of unprecedented, nearly overnight growth, and they had to quickly find more efficient ways of doing things in order to keep up with it all. This explains why these industries, which had typically lagged in implementing technology, began relying more on digital tools, including estate management software for remodel or renovation projects,…

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