With the growth of your real estate business, non-core tasks such as accounting, administration, and compliance can become hard to manage. Instead of hiring more staff, you can choose to outsource these back-office tasks. Outsourcing has numerous benefits which is why over more than a third...
Blog tagged as outsourcing
Common Lease Abstraction Issues and How To Solve Them
03.09.21 09:00 AM - Comment(s)
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...
6 Reasons To Outsource Your Back Office Accounting
01.09.21 09:00 AM - Comment(s)
The real estate industry deals with a large number of transactions every day. In 2020 alone, 5.64 million existing homes were sold in the US. These transactions also vary in magnitude from huge property investments to small maintenance expenditures. That’s why accounting and bookkeeping pl...
Outsourcing During Pandemic: What You Need To Know
26.08.21 01:30 PM - Comment(s)
The Covid-19 pandemic brought unprecedented changes to every global industry--including real estate. Companies are making up for the lost time by rethinking their work strategy. As more employees have started working remotely, property managers are also considering outsourcing.
Outs...
The Top Real Estate Processes You Should Outsource
20.08.21 09:00 AM - Comment(s)
Working in the real estate industry is not easy. Expanding client base, handling tenants, and marketing properties--real estate management constitutes a multitude of tasks. While each of them is equally important, you can manage your work better by outsourcing a part of your property management....
Why Every Company Needs To Outsource Their Business Tasks
23.07.21 01:00 PM - Comment(s)
Outsourcing is a popular option for companies that want to expand their workforce. It is estimated that every year about 300,000 jobs are outsourced in the US. Companies prefer outsourcing as it provides flexibility, expertise and cost savings. This is especially beneficial for small busin...
The Top 10 Property Accounting Mistakes You Need to Avoid
15.07.21 09:00 AM - Comment(s)
As a property manager, accounting is a significant part of your work. In 2020 alone, 5.64 million existing homes were sold in the US. With so much transactional data, you need to have strong accounting skills to maintain a realistic picture of your company's financial health.
6 Advantages Of Outsourcing Back Office Operations
13.07.21 09:30 AM - Comment(s)
A company's back office employees do not directly contact a client. They are also not the face of the company. But the back office handles crucial tasks and functions to make front office management easier. Back office staff usually handle administrative and operative functions.
Five Questions to Ask Yourself Before Hiring a Managed IT Service Provider
06.07.21 09:00 AM - Comment(s)
Most businesses nowadays prefer outsourcing their IT needs. Whether they are a small startup or a big company, a managed IT service provider can take charge of an organization’s technology requirements. It is a cost-effective and time-saving decision to hire an expert.
Out...
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