MASTERKEY BLOG

Top Benefits of Real Estate Software for Property Managers

Wouldn’t it be nice to spend more time on your business and less time on your routine office tasks? Beyond managing your properties, real estate management software is designed to make your life easier. It’s designed to help property managers effortlessly perform routine tasks such as collecting rental payments, processing maintenance requests, and screening potential tenants for vacancies.

 

Whether you’re working in an office, on-the-go, or just looking to streamline your daily tasks, real estate software is built to support property managers. Let’s take a look at the many benefits of real estate software for property managers.

 

Property Management Anytime, Anywhere

While real estate software can’t automate every aspect of property management, it’s an affordable and simple solution to help property managers manage their properties, deal with their tenants, handle accounting and marketing all in one place. Best of all, automating your systems allows you to access all of your information anywhere, anytime, and on any device connected to the internet.

 

- Streamline financials - Think of how much time you could save if you didn't have to manually update spreadsheets? Property management software provides an efficient method to track your daily, weekly, monthly, and yearly financials. It also helps property managers gain a complete financial picture for their properties and clients. With the right software solution, property managers can track expenses, manage income, and run key financial reports with a few quick keystrokes.

- Effortless Payments - Forget checks or cash payments, with property management software, trips to the bank will be a thing of the past. Property management software allows tenants and association owners to make payments online directly from their bank account or credit card. On the other hand, real estate software also allows property managers to disburse rental payments to their property owners via bank draft.

- Handle maintenance requests - Whether a tenant's pet chews through the fence or the hot water heater is broken, there's no longer a need to answer phone calls in the wee hours of the morning. Property management software allows managers to accept and respond to maintenance requests online 24/7. You can even set parameters for emergency requests to avoid those dreaded late night calls. Real estate software for property managers allows you to assign tasks to your maintenance staff, provide status updates, and establish a clear paper trail of all complaints and works completed.

- Track listings and vital property information – Real estate software for property managers allows you to track all of the important details related to every property in your portfolio.  

- Manage and screen for tenants – Simplify and streamline communications with potential and current tenants. From conducting background checks and application screening to answering tenant queries, property management software allows you to instantly respond to tenants regardless of the time of day or your location.

- Instant access to information - Like most other innovations, real estate software allows property managers to access their information from any device that can connect to the internet. From contact information to financials, it's all conveniently located in your software suite.

 

Masterkey Real Estate Property Management Software

Designed to enhance communication within your entire network of agents, tenants, and contractors, Masterkey’s solution combines commercial property management software, residential property management software, and real estate agency software into one comprehensive package.

 

WithMasterkey’s property management software you can:

 

  •  Manage and instantly correspond tenants
  • Setup auto correspondence
  • Maintain an activity log
  • Manage assets
  • Monitor and respond to maintenance requests
  • Establish wait lists to ensure maximum occupancy
  • Schedule reminders for important tasks and meetings
  • Track ROI, individual and team performance, and other essential information
  • Schedule payment disbursements
  • Accept, manage, and track rental payments
  • And much more

 

Masterkey provides world-class commercial property management software, residential property management software, and real estate agency software that's easy, efficient, and effective. Our smart property management software allows property managers to streamline and track all the tasks required to run a successful organization.

 

 

Contact a member of our team torequest a demo today!



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