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Maximising ROI with Lettings Agency Software

Sarah
25.01.23 04:47 PM Comment(s)

Introduction to Lettings Agency Software

Lettings agency software can help agents and landlords manage their properties more efficiently to make the most out of their investments. The best property management software tools allow landlords to keep track of leases, tenants, and payments, whereby they can better oversee their rental properties and maximize their returns. Using the best all in one CRM system agents can build great content marketing strategies that align with business growth. The right sales and lettings software is an important tool for real estate agents today who want to win more leads and attract more customers.  

                                                                                                                                                                                                                                                                

Moreover, the best CRM software makes communication with landlords easier, offering reports at a glance on user friendly dashboards and invoices stored in one place for property inspections and maintenance. With the right estate agency software or property management software, agents can ensure they are staying ahead of the game and providing the best service to their customers using client portals. Use of client portals means that all parties can be kept up to date with tasks and actions, reducing the amount of phone calls and paperwork needing to be sent.

Understanding your ROI potential with the right Lettings and Property Management Software 

Understanding your Return on Investment (ROI) potential with the right rental and property management software is essential for maximizing ROI for a lettings agency. Software can help automate processes such as tenant screening, rental payment collection and property maintenance. This helps save time, effort and ultimately money.  

 

Additionally, the right purpose built software helps increase communication efficiency, enabling landlords to quickly and easily stay up to date with property maintenance, tenant communications and invoices. With the right software, estate agents can also track data to gain insights into their operations, helping to make better decisions that can increase ROI. 


*For a demo of our reporting dashboards in Rezi and ReziPM book a demo today.


Furthermore, cloud-based software helps landlords easily access their property records anytime and anywhere. Being able to access key contact information and up to date records is just one advantage of using web based software to manage property portfolios and tenants. By investing in the right software, property professionals can feel secure using the software provided by the estate agency.  

 

 Content Marketing is key

One of the best ways to strengthen landlord relationships is through content marketing and understanding the importance for contact management. With a comprehensive content strategy, you can effectively market your estate agency portfolios, reaching a wider target audience whilst building your brand. With effective content marketing, you can maximize your return on investment. Content marketing can provide a great platform from which to start a conversation and build long-term loyalty among customers. 

Make sure your Lettings Agency delivers on its promises 

Whether you're a start up, single office or multi branch estate agency content marketing is a great way to show potential customers why your property agency is the best choice. Through content marketing, you can demonstrate how easy it is to use your services and the value you provide to both landlords and tenants. Additionally, having great onsite and offsite content will help customers to remember your brand, ready for when they need to find an estate agency to manage new properties or providing recommendations to other property professionals. 

Make use of customer testimonials and case studies 

Use web base testimonials from existing customers and case studies to highlight the benefits of your agency to demonstrate by way of example, how you can help agents to successfully manage properties and strengthen tenant relationships.

 

Testimonials from existing customers can also be used to highlight key performance indicators of the software that you use, strengthening your reputation as leading property managers. An example could be by way of highlighting how integrated workflows are setting you apart from your competitors by speeding up actions and tasks. Allowing all parties involved access to a real time portal could be a software KPI that gives you that competitor edge. It is beneficial to highlight what key processes will benefit the customer, client or strengthen relationships with the conveyancers that you use.


Interested in using a client portal? Book a demo of Rezi Anytime today.


The best lettings software will help you to easily post properties to property portals and social media such as Facebook. This kind of content marketing provides property professionals who are looking to make the most of their portfolio with easy to use, useful information where they can view analytics gained from social media sites and complete retargeting follow ups. This may also aid current and future customers to make an informed decision when choosing to remain with your agency when selling or listing a property for rent.

 

By following the tips outlined above, investment in PropTech is key to maximizing ROI. Utilizing the right software will help you save time, money, and resource, whilst winning over landlords and ensuring that they keep using your services for lead and property management.

 

The best lettings software includes client portals 

The best software for estate agents and property management professionals includes client portals (Rezi Anytime). Client portals allow landlords to easily manage their properties, receive automatic notifications and securely access documents, giving them complete control. With secure portals, landlords can view reports and financial data, as well as having clear access to their property portfolio where they can make real time amendments. Furthermore, agencies can also grant access to key parties enabling document reviews, contract signing, and payment trackers.  


Client portals like Rezi Anytime by Dezrez, provide an essential tool for landlords to easily access their rental property portfolio and financial data. These portals make it easier for landlords to review and approve documents, sign contracts, keep track of payments and streamline their lead management processes. With secure portals, landlords are provided with an efficient way to manage their properties, thereby boosting their return on investment. Customer portals are an invaluable tool for any estate agency looking to offer a 24/7 online service.


Purpose built estate agent software portals such as Rezi Anytime make it easier for all parties to access the information they need quickly and without hassle. This saves estate agents and property managers valuable time chasing and sending out paperwork, documentation and chasing signatures. With the integration of esignature software, tenants are even able to action paperwork without the need to visit the branch. This became an invaluable tool during COVID19 but has since remained a key feature as it significantly reduces the need to travel or attend the branch during normal working hours.


Building client relationships through automation and best tenant screening tools 

The top estate agency software for lettings agents can help streamline daily tasks through powerful automation tools. Rezi Premium’s workflows and add on integration features allow estate agents access to Rezi's open API which enables connectivity to thousands of marketplace apps including Quickbooks, Outlook, Sprift, Credas and more. 


For example, connecting your CRM software to the best tenant referencing software using the API will free up valuable resources and provide a better and more profitable service to both your agency and clients. Making the most out of estate agent software that has an open API is important in achieving desired business goals.  

 

Estate agent software can provide detailed information, so that estate agents and property professionals can make data-backed decisions that will benefit their long term ROI. Ultimately, the right lettings agency software is key to success in securing and retaining quality landlords whilst growing a strong lettings portfolio and sustaining great contact management with all parties.

 Conclusion 

To wrap up, it's important to remember that, when using lettings agency software, estate agents should look to maximize their ROI by using the best tools and services that their software provider offers. It is important to check in regularly with your software supplier. Stay up to date on the latest PropTech tools available is key to speeding up and improving lead generation whilst streamlining business processes.


By following these tips and exploring the software solutions available, estate agents can ensure that their estate agency is running effectively and efficiently for year on year business growth. 


Are you an estate agent looking to maximize your lettings ROI? If so, book a no obligation demo of our award-winning sales, lettings and property management software today. 

*For more information on how to get set up with Rezi sales, lettings or property management software (including migration information) check out our guide ‘Getting Started with Rezi’ here