Hello World! Welcome Friends! As we have probably all noticed, the influence of technology in our everyday lives is increasing, and that trend looks set to continue. Every year more aspects of our lives are being assisted, simplified, and in some cases completely automated by new technologies.
One area where there are now a number of helpful technology solutions, but which we hear little about, is rental properties. The use of technologies that benefit both tenants and landlords had been steadily growing until the pandemic when solutions like virtual property tours suddenly became necessary and they quickly became much more widely adopted.
Whether you are a tenant or a landlord, here are some of the most helpful and widely used technologies that could help make your life easier.
Online Property Listings
The days of listing properties in the newspaper or a shop window are long gone, and many landlords have been listing their properties online for years now. But as time has gone on, the platforms have made it much easier for people to narrow down what they are looking for. Whether you are looking for a luxury villa by the beach in the south of France or a service apartment in Singapore cheap, many property listing websites allow you to filter the results by your desired location, price, number of bedrooms, bathrooms, and more. Some even allow you to take virtual tours of the property which can provide a lot more detail than photographs and allow you to get a better feel for the size and layout of a property before arranging a visit.
These platforms benefit landlords too by immediately allowing them to reach a very wide audience and saving them money on traditional marketing methods such as printing.
Application Handling and Document Management
Technology is helping the rental process become more eco-friendly by cutting down on physical paperwork changing hands. Nowadays there are services, sometimes provided by online property listing platforms, which securely handle tenancy applications and any necessary supporting documents.
This also cuts down on the chance of important documents getting lost, and it makes it easier to manage deadlines and keep track of what has been received and what hasn’t. It’s also convenient for tenants, who can see the response to their application instantly and, if approved, get on with other tasks like finding a moving company.
Online Payment Methods
As a landlord, you want to make it as easy as possible for your tenants to pay, and tenants will appreciate not having to go to the bank to arrange a transfer or send a cheque in the post or in person. Online payment platforms are beneficial to both in this regard.
They can also reduce the chance of missed payments by automatically sending due date reminders to tenants, and they can remove the awkwardness of chasing up late payments by automating this too.
Conclusion
These are just some of the numerous ways that technology can help make the rental process easier for both parties and avoid landlord-tenant issues. They are now becoming the accepted standard, so if you are a landlord and you’re not using them, they’re definitely something to consider.
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