For many, buying their first house with their partner is an exciting experience. It’s the beginning of a new adventure together where people usually want to start their lives as soon as possible.
While it is an exciting event, the trials of being a newlywed and owning a first home are often exhausting. Not only are they committing themselves to one partner, but they’re also entering into a new financial situation and obligation – from combining both their credit histories into one and house hunting, to paying the mortgage and maintaining the property.
Check out these helpful tips on how automated property management can wow newlywed homebuyers.
1. Automated response to client emails
Autoresponders for managing your property & customer engagement can save a lot of time. An autoresponder is a time-based email sent automatically to your customers who send you queries about the property.
You can customize automated emails for your customers. This is a great way to make them feel like you are always present to help them. You can also provide specific, helpful information that they are looking for, which will entice them to buy the property such as FAQs.
2. Showing Process
Automation software is making the process of booking and managing showings easier. These tools allow buyers and property managers to be in complete control of their requests, manage their properties with a few taps, and receive notifications in real-time. It’s no surprise that such technology is becoming more popular as the housing market continues to grow.
Homebuyers can receive confirmation for a reservation via SMS (text), email, and/or push notification.
One of the successes of automation for the booking process for a property will not only save you a lot of time, but it’ll also ensure there are no record-keeping errors and make it easier to track bookings.
To find out if a prospective home buyer is solvent and can pay off what you should charge for your home, several different types of checks should be conducted. These can be as straightforward as running a simple credit check, or as complicated as obtaining an independent income and asset evaluation. In addition to the credit checks, past landlord checks, employer checks, PII compliance, and county-level criminal checkups, it would be a good idea to run a national-level criminal checkup as well.
Tenant screening is one of the most important aspects you should consider getting help in property management. This is difficult to do over a short period using a manual process. A good property management software that can help you manage your properties should have a tenant screening feature built into it. This feature will do your tenant screenings for you, saving you the time and energy of going through all the paperwork yourself.
4. Mortgage Collection
Automating payments is an excellent choice for newlyweds who want to buy a home.
Many couples have enough in their bank account to cover the down payment but lose track of paying the monthly mortgage. This is where automating monthly collection comes into play. By automating the monthly collection, you can set the software to remind them of their due time and automate all your property management duties. You can choose to notify them automatically about any step in the payment process including notifying a successful payment or if they missed a payment.
This allows them to pay rent online anytime making it super convenient, stress-free and reduces issues and errors in transactions.
5. Sending Notifications
Automating your notifications will make them even easier to handle, saving you both time and focus.
If you’re looking for a way to avoid physically reaching out to each of your tenants one by one, you can always text them the important information with the push of a button. Whenever you input new tenant data, such as an email or phone number, the software will automatically text that individual. This is a great way to create a sense of urgency and ensure they know about any updates.
6. Maintenance Requests
Property management software provides an automated way to communicate with your occupants. This allows you to proactively address minor issues, making your property more inviting. Tenants can use the app to report maintenance issues or request cleanings and then track the progress without needing to coordinate with building staff.
For instance, when an elevator maintenance ticket is closed after the elevator has been fixed, the person who reported the issue will automatically get notified that it has been resolved. This also applies to cleaning requests. Once it’s done, you don’t need to worry about the tenant being notified. They will automatically be told what has been completed.
When tasks are automated, you can focus on more meaningful work. This saves time & effort, allowing them to focus on other aspects of the business that require their attention. With automation, home buyers or tenants also have unlimited access to information when property management is in place.