The real estate business is tricky and volatile, to say the least, if you add bad accounting particles to this mix, then it gets even more complicated. It can end up costing you millions and also cost you your reputation as an authentic real estate business.
Accounting and back office are...
Your business can incur endless problems if your accounts payable is not flawless. Post pandemic all kinds of businesses have suffered from the unpredictable scenarios coming their way. The situation has become extremely volatile and sensitive. When you are working in such unpredictable scenarios no...
Common Area Maintenance (CAM) reconciliation seems pretty simple at the outset. You just add up your costs and pitch them against your budget to close your books.
However, the reality is far from this ideal picture. Most real estate agencies are left scratching their heads trying to figure out ...
If you're planning to lease out your property, you may have to consider getting a lease agreement prepared before looking for tenants. Lease agreements are written documents to safeguard your property from damages or any legal issues with the Tenant. All the clauses mentioned in this agreement shoul...
Gone are the days when real estate agencies relied on paper processes and spreadsheets to manage expenses. Today, most of them have switched to expense management software to streamline workflow and improve productivity.
Are you wondering if you should make a move too? Do you need more informat...
Leases are bulky but essential documents in every real estate business. These documents carry important clauses, making lease management even more difficult. Reading leases every time a tenant wants to sign them can be time-consuming. Instead, lease abstracts serve as a summary of the original docum...
Technology has changed the way real estate property management functions. From marketing to management--every real estate process can be automated. Often, property managers find themselves using multiple software to manage all their activities. This solution comes with its own problems. Instead, we ...
Low-code and no-code software are meant to build tools for business automation. Unlike traditional software, these tools require little to no coding knowledge. Instead, they use simple features to enable non-IT developers to build applications.
Just like their names, no-code require...
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