RentalAgentz
will eliminate the need for an apartment community owner or manager
to dedicate an employee for one week, or more, every month, to collect
rents, make deposits and log payments. In addition they will realize
a cost savings associated with that employee being available to fulfill
their regular duties like answering service calls, supervising work
crews and renting vacant units.
While setting up a tenant account, owners and managers can use RentalAgentz
to see if a tenant is reluctant to have an automatic withdrawal from
their account. This may raise a concern about the tenant’s ability to
pay rent on time.
In
commercial property applications, the collection process is a bookkeeping
function that requires higher paid personnel and more complicated calculations
to properly bill for taxes, CAM (common area maintenance costs) and
utilities, and is therefore a more costly process. For a large or small
operator, the simplicity of being able to follow a format that walks
them through the process of accurately calculating the additional rental
costs could be worth thousands, or hundreds of thousands of dollars
in previously lost revenues or, even worse, the loss of a tenant because
the rent was artificially high due to errors.
With
RentalAgentz
the risk of employee error, dishonesty or "shrinkage" is eliminated.
Large corporations with many locations can use RentalAgentz
to eliminate the necessity of accounts payable personnel sending out
checks month after month for the same lease year in and year out. Cost
efficiencies gained by eliminating redundant tasks will have an immediate
positive impact on a company’s bottom line.
