Online owner portal and online tenant screening services Homeowners Property Management have changed how property management companies and landlords handle their daily operations. Most people don’t even realize how much better managed their rental departments are until an incident occurs. The property management company or the landlord needs to find out what happened and who was involved. Now tenants can log on to the online owner portal and electronic signature register forms to remove their digital signatures rather than writing out receipts or vouchers-giving them a paperless shopping experience.
This one move has helped thousands of people who are often confused about how to move into a new place without asking their real estate agent. In fact, many of the people who have found out how to move in online don’t even know where their next door neighbor lives or works, let alone that their landlord’s address is just down the street from their new home. Many homeowners property management companies are also beginning to offer online move-in preparation services that will actually help their tenants plan their move-in properly by providing them with a checklist of things to do before they move in, ensure they get to their destination on time and avoid any last-minute problems before they move in.
One of the most common complaints of homeowners have about their rental departments is that they aren’t doing a good job of screening tenants. This is one thing that many property managers have been able to eliminate. It used to be the job of the property management company to do background checks on all prospective renters-but they weren’t very thorough back then, and renters often lied about things such as previous employment, rental history, and so forth. Now these background reports are run separately by the property management company-and there are fewer lies. The property managers are doing everything possible to get the best renters for their community, since some people aren’t always willing to put the time into finding a new home or apartment.
Electronic signatures are another way that many homeowners property management companies are changing how they do business and handling the property management process. In years past, the landlords would have to mail out forms to tenants and wait for the return of the forms-which would often mean additional time and money spent by the landlord. Today, thanks to the power of the Internet, it is much easier to get tenants return and rent payments electronically. It has also been found that many of the return and rent payments are handled electronically, and the landlords save money in record time.
If you have ever had to deal with an angry landlord or tenant, you know that it can be a very trying and scary situation for everyone involved. Landlords have the right to request that a tenant move-in accompanied by a move-out packing list. However, this list is only a suggestion, and the final decision is up to the landlord. Some homeowner’s property management companies have begun adding video surveillance to their rental property websites and other property websites and advertise that the tenants are required to sign a document acknowledging that they have read and understood the terms and conditions of the contract. This new trend seems to be a deterrent to most people from signing the contracts.
Many homeowners property management agreements have also begun offering the flexibility to extend the term of the lease to as many as thirty years! For those with a large investment property management companies are finding renters property management agreement extensions that will allow them to take advantage of the rising market for renting and to increase their rental income. For those with smaller investments, as well as those who own multiple investment properties, many are finding that one master property manager is much preferable to multiple managers for several reasons.
