Lately, the real estate business reached its peak and became one of the most popular business affairs during the pandemics. When looking at the business chart, the real estate economy is one of the crucial components in the world’s economy with over $7.196 billion of the global value. Luckily, the introduction of some very contemporary technologies made quite the change in the real estate business, and hence, this made quite an impact on the real estate market as the industry did not considerably change. Therefore, here are some of the tech-based platforms that can help you do your real estate premises.
Technology In Real Estate
The use of technology in the real estate industry has lagged for a long time, and it’s not because it was used in other sectors first, but because there were ways that worked effectively in the past, so there was apprehension, which led to the legging. The second reason that prevented the use of technology in the real estate sector is the major players’ efforts to make proprietary tools. And since these issues are subsiding now, there is considerable growth in the number of real estate technologies. Truth to be said, there is a whole industry branch dealing with the real estate development tools and is viewed to be one of the fastest-growing ones because of the need for the efficient tools used solely for these purposes.
Proptech
Proptech is just a term made of two words, propriety and technology. This is the place where all the commercial real estate software is collected and hence this is basically software dedicated exclusively for the real estate applications and tools. The point being is that Proptech as the industry branch has the tendency of constant growth and that it reached an amazing $6.2. billion of the annual record. Besides this, the industry shows that there are no signs of slowing down and that new generations of consumers tend to use smart solutions so that they can facilitate their rentals in faster and more convenient ways.
DoorLoop
DoorLoop is one amazing tool that is designed by property managers with the goal that some of the main problems are avoided. No matter if you are dealing with rental properties only or with a mixed portfolio, it is good for you to know that this software can handle any type of property. You can manage your entire property by using just one software solution and it also includes rent payments, bank reconciliations, multiple payment methods, custom reports, and integrations with some popular accounting software such as QuickBook. On the other hand, it is also a very convenient tenant portal that will give you a hand to collect rent, communicate with tenants, or even give a chance to your tenants to submit a maintenance request via app. DoorLoop is a property management software that will allow your tenants to submit their maintenance requests directly from the app and to create the work order, as well as to attach notes and images, and some more options. When it comes to pricing, then DoorLoop has your back since it will cover you with 50% off in the first two months.
Apartmii
This is a mobile app that employs real estate technologies for renters, sellers, buyers, and landlords. This technology uses some of the most demanding technologies such as artificial intelligence, credit storage, augmented reality, virtual reality, live-video tours, and simple UI. All of these are used simply to make the rental application convenient for any branch of your real estate business and are extremely practical to be used if we bear in mind that there are some additional options to skip and accelerate some steps.
Landlord Studio
Landlord Studio is a special property manager that is available for both Microsoft and iOS, as well as the mobile app. This app, however, can lack some features to the previously mentioned aside from some tools on the list. Besides accounting features that cover rent, expanse tracking, and reporting, this app also includes tenant screening and clean UI as one of the most distinguished features and it is an affordable platform that will help you keep all your rents in a single place.
Being into the real estate business demands some contemporary solutions for you to better manage your property besides the fact that some previous models proved to be quite efficient. Truth to be said, some platforms give you the entire insight into affairs and will help you keep all of your rents in place.
