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March 2008


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Has rushing all-around town to collect rent just worn-out and drained your energy, leaving you feeling exhausted when you arrive to the bank, only to see those long lines? 

 

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This particular dilemma seems all too common for property managers all around world from what extensive real estate research has presented to property owners and trying to tackle this frequent issue with a logical solution is something that will be answered in this article.  When hearing that property managers and owners continually drive on all sides of town especially with these gas prices we are experiencing, it really crawls under my skin because that is something of the past; something that no longer needs to be done or even thought of being done ever again.

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Technology and society are the underlying factors that provide a solution to this time consuming situation that arises once a month, "dreadful week" as Harlan Plasier at Aura Asset Group stated.  These two important factors when combined together in the realm of property managing equate to convenience and persistence; especially within the context of "dreadful week".  The correlation of technology with society is commonly illustrated as symbiotic and co-dependent, they depend greatly on one another. 

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           Internet, computers, smart phones, cell phones, PDA's, global positioning systems, and so on all have been technological advances primarily due on the part of society and the culture of our world.  The high-speed world that we now live in has generated us to start using drive thru ATM machines, buy fast food, shop online, purchase movie and airline tickets online and now people are even paying most of their bills online as well except for rent. 

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      Why not collect your rent online?  This would be something that would put an end to "dreadful week," no more rushing around town frantically only to feel exhausted in a long line at the bank.  If you are contemplating if your tenants would even desire to pay their rent online, they would because our society pushes this convenience of technology as a need and not a want.  Being a property manager it's in your greatest interest to advance with technology and society in offering a service that your tenants have requested and that same service will produce more time in your life to focus on the things that really matter to you.

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            Online rent payment is a permanent piece of the future and will evolve continuously with the changing technology and a rapidly changing industry of tech savvy investors.  To learn more about this innovative service for our industry please go online and simply search "pay rent online" or "online rent collection" and numerous companies will come up.  For best results just research all the companies on the first page to see whom fits you best.

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