November 18th, 2009
I attended NARPM (National Association of Residential Property Managers) in Orlando last month and found it a great experience. Everyone that I talked to was friendly and very engaging. If you are in the property management industry, and have not checked the organization out, I recommend you do (http://www.narpm.org).
There is quite a positive vibration going on in the property management arena. And it is clear they are interested in staying on top of where technology is going and how it can benefit them. With an environment of growth and additional work loads, everyone was searching for ways to improve how they did things. Some people were attempting to use older software systems and using complicated interfaces to hold them together. It was very refreshing to see how much interest there was in online property management software. Essentially everyone I talked to was looking to move to the web so that they could gain the ability to have full access to the power of the internet and how it could help them advertize properties, give prospects easy methods of inquiring about the property, allow prospects to fill out online applications, and provide ways for residents to pay rent online.
It is interesting how, at times, I find myself struggling with change. I used to carry a Franklin planner and used it faithfully. Then several of my colleagues began to use Palm III devices. I used to kid them about how my pencil never ran out of power and how I would never use a PDA device. Now I use a PDA mobile phone and could not imagine using a paper planner. I guess it is called paradigm shift.
Web based property management software is the future and if you add in the fact it is more affordable and less costly to maintain. Well, we get our cake and eat it too.
Rob Crichlow
DIY Real Estate Solutions
Posted in Residential Property Industry | 2 Comments »
October 19th, 2009
These are challenging times for real estate professionals. As many brokerage firms turn to property management for additional revenue, the issue of leveraging costs to get the most productivity is becoming the common theme in conversations I am having with property management colleagues. As a matter of fact, leverage is everything. Leveraging manpower, to increasing service levels, improve occupancy, and less wasted time and costs in maintenance. Leveraging information to prevent surprises, increase cash flow and reduce wasted expenses. Whether you are an independent rental owner doing your own property management or a full-time property management company, leverage is on your mind.
As a service provider to the property management industry, it is our challenge to continue to search for better ways to help you leverage your resources. Risk and cost need to be lowered as the leverage obtained from your property management software increases.
Our focus is to utilize the web, already a part of our daily lives, and distribute the online property management software we provide, to as many people in an organization as possible, with no additional cost as more software users access the service. As we add more to our property management software through providing better information and features, it is instantly available to everyone, leveraging manpower and cost.
The only limit is simply ideas on what you need to better manage your rental properties. Whether you manage apartment complexes or rental homes, we believe that the best ideas come from those needing the information or features. We want to hear from you and let you know what we are doing.
Here we begin.
Rob Crichlow
DIY Real Estate Solutions
Posted in Property Management Tips | 1 Comment »
October 18th, 2009
Welcome to DIY Real Estate Solutions new property management blog. We are excited about communicating with the property management industry about concerns and issues that we face in today’s fast pace and competitive environment. Our goal is for us to create awareness of possible solutions and directions together.
We will posting on a regular basis and look forward to feedback and discussion.
Rob Crichlow
DIY Real Estate Solutions
Posted in Property Management Software Ideas | No Comments »
