Over the last decade, Snohomish County property management companies have adopted new technologies that allow for more efficient and automated marketing, leasing, maintenance, and rent collection. It has saved property managers and rental property owners a lot of time and money.
With the recent pandemic, we’ve seen how important it is to adopt technology early and often. Tenants are demanding online rental payments so they don’t have to hand over a check at their rental office. Prospective renters want contact-free showings so they feel safe.
At Real Estate Gladiators, we’ve always invested in technology when it comes to managing residential property. We know it helps us to be more transparent, accurate, and accountable.
When you’re looking for a company to manage your Snohomish County investment homes, make sure they’re on top of their technology game. Here’s why it’s important.
Technology Contributes to Less Vacancy and Better Tenants
Technology is especially beneficial during the leasing process.
To market your home effectively, a property manager can share your listing on dozens or even hundreds of rental sites thanks to property management software. We can track the results of your listing, including how many people view it, contact us, schedule a showing, and fill out an application. Vacancies are filled faster and we’re able to screen more carefully. By running credit and eviction reports online, we can have all the data we need in hours rather than days. It leads to a lower vacancy expense and a better quality of tenant.
Technology can also help us document the condition of your home before a tenant moves in. Photos, videos, and notes are loaded into our property management program file and can be easily accessed when the tenant moves out and it’s time to do a move-out inspection.
Managing and Documenting Routine Rental Repairs
Tenants can report routine maintenance issues online. This is a major advantage because it creates a written record of all the work that’s been done on your rental home. You’ll know exactly when your roof was replaced, your plumbing was updated, and your gutters were cleaned out. You’ll know that your appliances are breaking down every few months and may need to be replaced. Seeing a maintenance history like this can save you money on unnecessary repairs or help you make better decisions about when to replace something rather than repair it again. It also works to keep your tenants happy; they’d much rather request maintenance online at their own convenience.
Digital Accounting Statements and Online Rent Payments
Online rental payments help us to collect rent on-time. Tenants find it secure and convenient to log on at any time of the day or night and pay the rent from the comfort of their own home. They can schedule payments in advance and even set up recurring payments every month.
Technology allows us to pay you earlier and in the month and to provide a detailed and accurate statement of income and expenses associated with your property. Money moves must easier and you won’t have to wait around for paper checks. Our technology also allows us to automate all of our accounting, providing the type of transparency you need when you’re staying organized or filing taxes.
Technology helps a property manager communicate better and work more efficiently. When you’re looking for a property management company in Snohomish County, ask about how they use technology to their benefit and your benefit. We’d love to tell you more. Contact us at Real Estate Gladiators.