[fa icon="calendar"] 08.02.2016 / by Rory Williams
Property management is not often thought of as a cutting edge industry. However, more and more property managers are using new technologies to do their jobs more effective and efficiently. There are numerous smartphone apps available to help property managers with day-to-day tasks such as rent collection, tracking inventory and posting listings online. Here are a few mobile apps that can help you manage your property:
AppFolio Property Manager is a cloud-based property management software that allows residential and commercial property managers to grow and market their businesses more effectively. It utilizes clean interface and simple forms to help users accomplish tasks such as:
- Posting ads and listings online
- Accepting and reviewing applications
- Tenant screening
- Collecting rent online
- Performing mobile inspections
- Communicating with tenants
AppFolio is easy to learn and great for small, medium, and large properties.
2. Happy Inspector
While there are plenty of mobile apps available for displaying property information and marketing your listings, there are few options for creating inspection reports. Happy Inspector is a property inspection app that reduces the time spent creating inspection reports by up to 70%. Agents can use this app to set reminders or make note of any other details they should remember for their next visit. Happy Inspector also records the amount of time spent on every inspection and even has a field for recording the property’s water meter.
3. Yardi Maintenance Manager
Yardi Maintenance Manager allows property managers to easily track their technicians, assign work orders and keep track of maintenance tasks directly from their smartphone or tablet. When maintenance personnel are online, their locations can be tracked and displayed on-screen. Users can also schedule work orders and approve invoices directly from their mobile device.
Focusing on communication, iPropertyMgr serves as a communication hub for your rental properties. It allows you to coordinate with contractors, exchange messages and photos with both owners and tenants and generally document communications between all parties. By tracking property issues, they can be quickly and effectively resolved, while keeping a firm paper trail that can be printed at any time.
Hightower is a mobile app designed specifically for real estate professionals. On the broker side, it allows for:
- Easy tracking of prospects and negotiations
- Ability to monitor and update and share documents from anywhere
- Automatic calculation of financial metrics such as Net Effective Rent, Net Present Value and Internal Rate of Return among others
Landlords can also use to app to:
- Segment your conversion funnel
- Visualize how deals are trending
- Identify struggling assets
- Compare tenant rep conversion rates
Even with all these innovative features, hightower shows no signs of slowing down. In fact, they are constantly adding updates, making this one of the most essential tools for real estate professionals.
Dotloop is a mobile app designed specifically to connect real estate professionals and increase productivity, enhance communication, and encourage collaboration. The ultimate goal is to reduce the amount of paperwork and improve the turnaround time for real estate deals. There is no wait time on signatures and details can be ironed out quickly through the app. In fact, results have seen deals being completed up to 40 percent faster and 10 times more frequently.
These are just a few examples of mobile apps that are changing the real estate industry. Whether you are an investor, agent or property manager, these tools can make your life easier and more productive.