Le logiciel de gestion locative :
c’est quoi et à quoi ça sert ?

Between rental agreements, rents to be collected, and tenants,  property management  can be more complicated than it seems. Especially since it concerns all types of rental properties, whether residential, commercial, or industrial. It’s also a time-consuming activity that requires a great deal of knowledge to be carried out correctly.

For this reason, rental property owners sometimes use real estate agencies to help them with rental management, but this can be expensive and compromise profitability. Other solutions exist that are  less expensive but still very effective , including the use of rental management software.

What is property management software? How does it work and what is it used for? This is what we will explain in this article.

 

What is rental management software?

 

A true management tool, rental management software allows both real estate professionals and individuals to improve the management of their tenants and rents, while saving considerable time and effort. These software programs generally offer a wide range of features to simplify property management, including rental contract management, expense tracking, issuing reminders, document tracking, and more. We will come back to this in more detail later in the article.

The rental management software available on the market comes in two forms:

 

• Executable software  : These are computer programs that you can install on a computer or other device for use. You can download them from the provider’s website, install them on your device, and run them to access all the property management features they offer.
• SaaS (Software as a Service)  : This type of property management software is cloud-based and does not require installation on a local computer. It is accessible via a web browser by entering login credentials (username and password), which means you can use it from any device connected to the Internet. It has the advantage of mobility and ease of access, as you do not need to worry about installing or updating the software on your own hardware. SaaS property management software currently represents the largest share of the market offering given the benefits it offers.

There are also mobile rental management apps. These apps are generally owned by the same companies that publish rental or property management software, and offer all or part of the software’s features. They have the advantage of being easily accessible on mobile phones and tablets at any time, which is a major advantage for users.

 

What is rental management software used for?

 

Practical and efficient, the rental and tenant management software offers the owner, often overwhelmed by the various administrative tasks involved in rental management, the possibility of grouping them together on a flexible and easily accessible platform.

Flexible, because the rental management software adapts perfectly to the growth of the business, whether it is a real estate agency or an individual.

Easy to access because it can be used online via a simple link, or installed on a laptop, tablet or smartphone to ensure better monitoring of rental activity, including when traveling.

The software also avoids the repeated and exhausting trips that the owner may have to make, as part of the administrative procedures involved in rental management. This represents a significant and very appreciable saving of time and effort for the owner – individual or professional.

It also automatically handles all aspects of reminders, making it a real management tool. In most cases, it also offers document management, financial management, and accounting features, making life much easier for owners.

Rental management software is a tool that allows apartment and investment property owners  to manage their rental contracts themselves , efficiently and independently, without necessarily having to use an agency. This is an advantage that allows for  significant savings in the long term.

 

What are the features of rental management software?

 

We naturally come to the features. Although simple to use, rental management software is a versatile tool in that it allows the owner of investment properties or the manager of a real estate agency to access  numerous features.

We will present  10 features  found in the majority of rental management software:

 

1. Rent management:  tracking rent payments, payment reminders, generating receipts.
2. Rental contract management:  creation, monitoring and storage of rental contracts in electronic format
3. Expense tracking:  recording and categorizing expenses related to each property.
4. Repair and maintenance management:  tracking repair requests, assigning to service providers and monitoring progress.
5. Tenant Communication:  Integrated messaging for tenant communication, sending important notifications and announcements, or sending emails.
6. Document tracking:  storage and management of property and tenant documents.
7. Financial Reporting:  Generating financial reports to assess rental performance.
8. Vacancy tracking:  tracking vacancy periods, and marketing available properties for certain software.
9. Tax management:  assistance with managing tax and accounting obligations related to rentals.
10. Online payment integration:  some software allows tenants to pay directly online, while others operate on the principle of automatic payment by bank transfer, simplifying the payment process.

Property management software simplifies and automates many property management tasks, saving time and reducing errors. It’s especially useful for landlords and property managers who manage multiple properties.

Clic Rent Immo  is one of the rental management software programs on the market that stands out for its efficiency and ease of use. Discover all its features and  take advantage of a free trial.