| Estate Agents - How do you benefit? |
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Why pay thousands for a Property Management System? Why pay the annual upgrade and licensing fees? Why pay thousands to hire an admin person?
Our administration service takes care of many activities that could cost considerably more if you had to handle these tasks in-house. Because our system has automated many of the time consuming tasks, it allows us to provide a cheaper alternative to the usual way of doing administration. When you make use of our service, there is no more need for complicated spreadsheets to keep track of charges and payments, this means you can relax and focus on running the rest of your business. Another huge task for Estate Agencies is to balance their trust account. It can become a nightmare to keep track of tenant deposits, calculating interest on deposits and allocating rental payments. We are registered with the Estate Agency Affairs Board and thus all rental and deposits are paid into our trust account. This means that we keep track of these monies while you only have to look after your trust account into which we pay your commission.
An example of how we can simplify complicated tasks by doing it for you: When we keep a tenant deposit in our account, the interest is calculated on a daily basis and the CURRENT deposit balance is reflected on the tenant statement that he receives on the 27th of each month. Because the tenant knows exactly how much the deposit balance is, there are no unncecessry calls requesting statements and the process is much easier when the tenant moves out because the calculations have already been done.
Many estate agents focus on sales because of the big commissions. These agents believe that the amount of money they can make on rentals don't justify the considerable effort to manage your rental book. This should not scare you off, let us do the administration while you just handle the actual management issues like when a geyser bursts etc. No matter how big or how small your rental book is, Rental Collections can assist you with your monthly administration.
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Estate Agents
