Technology is an important part of the way we lease, manage, and maintain Charleston rental properties. It provides a number of benefits not only to our team, but also to our owners and our residents.
If efficiency and modernization is important to you, make sure you work with a company that values and invests in technology. The online and digital platforms specific to the property management industry have come a long way in the last decade. There’s no need for property managers to use print ledgers or send out paper checks. If this is the way they’re still operating, it’s probably costing you time and money.
Tech-Savvy Charleston Leasing
Technology is especially beneficial during the leasing process. To market your home effectively, a property manager can share your listing on dozens or even hundreds of rental sites thanks to property management software. We can track the results of your listing, including how many people view it, contact us, schedule a showing, and fill out an application.
Vacancies are filled faster and we’re able to screen more carefully. By running credit and eviction reports online, we can have all the data we need in hours rather than days. It leads to a better quality of tenant.
Self-showings have become a critical component in marketing and leasing your rental property. Tenants want to see potential homes on their own time, and without anyone else present. Lockbox technology and smart locks allow you to safely give access to your property when prospects want to get inside.
Technology can also help us document the condition of your home before a tenant moves in. Photos, videos, and notes are loaded into your file and can be easily accessed when the tenant moves out and it’s time to do a move-out inspection.
Online Rental Payments and Accounting Software
Paper rent is a thing of the past. It only adds to delinquency and gives tenants an opportunity to be late. Online rental payments help us collect rent on time. Tenants find it secure and convenient to log on at any time of the day or night and pay the rent from the comfort of their own home. They can schedule payments in advance and even set up recurring payments every month.
This technology allows us to pay owners earlier and in the month and to provide a detailed and accurate statement of income and expenses associated with the property. Good technology allows us to automate all of our accounting, providing the type of transparency you need when you’re tracking income and expenses or filing taxes.
Documenting Rental Property Repairs
Tenants can report routine maintenance issues and make repair requests electronically. This is a major benefit to owners, residents, and our own team because it creates a written record of all the work that’s been done on your rental home. You’ll know exactly when your roof was replaced, your plumbing was updated, and your gutters were cleaned out. You’ll know that your appliances are breaking down every few months and may need to be replaced.
Seeing a maintenance history like this can save you money on unnecessary repairs or help you make better decisions about when to replace something rather than repair it again. It also works to keep your tenants happy; they’d much rather request maintenance online at their own convenience.
We embrace technology, and we encourage our owners to make it a priority. If you’d like to talk more about how our investment in good software and automated systems allows us to manage your property better, please contact us at Meridian Residential Group. We’d love to tell you more.
Meridian Residential Group in North Charleston provides both single-family and multi-family property management in the Charleston, SC area, including in North Charleston, Summerville, Goose Creek, and Moncks Corner, among other cities.