Elevated Living Blog

5 Ways Property Management Software Benefits Multifamily Managers

Managing a Class A multifamily building can be a complex and involved many responsibilities. Even with a strong management team, keeping track of the many needs of the residents and building can be a challenge. Property management software can help organize and streamline information and processes for a property management team, improving resident experience and easing the workload of staff.

Streamlined Amenity Reservations

When offering a variety of multifamily amenity spaces such as a pool, gym or event hall, it can be a challenge to settle on the right system for reservations. If communication is broken or a reservation is misinterpreted, many residents could be upset, creating problems for the whole community.

Property management software can help deal with this. It offers streamlined, online amenity reservations. This is easy for residents to access and for property managers to view, preventing double-bookings and helping out the community.

Manageable Maintenance Requests

When managing property, there are often many maintenance tasks that must be performed. This could be a regular task such as mowing the lawn or an unscheduled repair like a plumbing leak.

It’s important for residents to be able to communicate their maintenance needs to their property managers. By using property management software, you can ensure that maintenance requests can easily be filled out by residents and organized by your property management team.

Online Payment

One of the most necessary but sometimes most complicated aspects of property management is collecting rent. Managing deadlines and records of late or delayed payments can be a huge task, especially in larger buildings.

By using property management software, payments can be collected online. The software can help keep each resident’s situation organized and will alert the property manager to any issues with late or non-payment.

Automatic Onboarding Emails

With the many aspects of property management that need attention, it can sometimes be difficult to remember which residents are moving in and which are moving out. With the right software, you can customize and automate onboarding emails, so everyone is aware of the building regulations and amenities.

This ensures each new resident receives the proper welcome, without creating additional stress or responsibilities for the property manager.

Analytics Viewable Through Property Management Software

Organizing the many data points and resident engagement of a multifamily community can take a lot of time. Property management software can quickly collect and organize data from your buildings.

Once the data is organized, the system can also present it in easily viewable graphs and charts. This allows property managers to view the trends of their building and resident engagement and make any necessary changes.

Property management is an enormous task, and it can be challenging to stay organized. With the right property management software, managing a multifamily building can be made much simpler. Not only does this reduce the workload and stress of the property manager, but it also improves resident experience and helps the whole community run smoothly. Elevated Living is here to make your team’s job easier with seamless property management software.