Why you should use property management software

Property management software is designed to make landlords’ lives easier. At Bunk, we tailor the software to you by automating wherever we can. 

2020 has seen significant change in the lettings world. Firstly, furlough has tested tenant’s finances. Secondly, the peppering of lockdowns has seen agents restricted, unable to conduct viewings in a timely manner, all the while an ever-changing legal landscape is piling pressure on landlords. Rolling into 2021 a lot of us are beginning to wonder if traditional lettings agents are still needed.

It’s time landlords took back control of their investments and property management software is a great place to start.

Why switch to landlord software when I already have a property manager? 

A property manager acts as someone standing between you and your tenant. Your property manager collects rent, conducts viewings and resolves maintenance issues. The property manager’s role varies depending on how involved the landlord is or how digitalised your management company is.

You may be wondering what the software can do for you, that you or your manager can’t do already so below we look at the benefits of using landlord software

Benefits of using property management software:

Avoid bad communication.

Effective communication is essential to successful property management. Bunk encourages landlords to talk directly to their tenants meaning messages have less chance of getting lost in translation. The landlord and their tenant both have access to a secure, private chat, allowing you to make off the cuff arrangements without waiting for the messenger.

Maintenance requests in one place.

Tenants report maintenance issues directly by simply uploading photos and a description. Transparency promotes accountability. Disputes can happen and when they do, having the evidence in one place saves a headache. No one will be able to say the message was never received; happier tenants and happier landlords!

You can chase late payments.

Chasing rent is easy with automated texts and emails. The payment page on your dashboard lets you see, who owes what, meaning there’s less chance of a missed payment slipping through the net. 

Real-time access to your information.

Cloud based storage allows you to escape the responsibilities of being a landlord whilst still reaping the rewards. You can travel or permanently relocate without losing eyes on your portfolio. There’s no chance of losing your data by misplacing a hard drive or leaving your flash drive behind.

Remote inspections.

Why spend hours on viewings and inspections? You can do this for each and every property visit or just to cover the days you can’t make it yourself. Virtual property viewings have become more important than ever. Many firms have introduced remote property viewings and virtual inspections to make their listings more attractive and accessible.

Time to change.

Ultimately, there are many reasons to start using property management software so “why not?” may be a more appropriate question.

At Bunk, we make life easier for you and your tenants. There shouldn’t be a generalised approach to lettings, therefore we adapt the platform to suit your needs. Bunk wants to see the end of scrolling through spreadsheets and wondering “did I remember to send that tenancy agreement?”.

Find great tenants and prepare your rental property for viewings with help from Bunk, the digital lettings platform with a difference. With dedicated account managers, we can also help you stay compliant during this uncertain time. For more information about how we could help you, get in touch with one of our lettings experts today.

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Katie Donovan

Katie Donovan

Working within our client success team, Katie ensures all applications run as smoothly as possible. When she’s not outside collecting lichen and finding facts you can find Katie playing board games and reading books.

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