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Property management accounting essentials: 6 must-have software features

Buildium

While not every solution will fit your specific business needs, there are certain features that you should look for in a quality property accounting software solution. If the property management software youre considering doesn’t include at least some of the following features, you may want to think about moving on.

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Short-Term Rental Setup

Thanks For Visiting

The colorways don’t change seasonally like they do at retail stores, which helps you avoid a mismatched look that appears unprofessional. Day-to-day management includes handling bookings, communicating with guests, and scheduling cleanings. A good property management company can handle this, or you can manage it yourself.

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Prevent Pricing Errors: Establish Trust with Channel Manager

Tokeet

It’s like when a British retailer accidentally listed sofas for £98 instead of £1,198. Look for one with strong features, like the ones AdvanceCM offers, that can handle all your properties and booking sites. Then, make sure it integrates smoothly with any other systems you use, like your property management software or CRM.

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Employee Spotlight: Sean Donohue, Director of Operations of BMG Laurel

Bay Property Management Group

After working various positions in sales and retail during college, Sean began his career with BMG as a leasing agent six years ago. In the same vein, they wouldn’t want a property manager who can’t offer the complete property management package. Because we have that, he says, the sky is the limit.

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What is commercial property management and why is it important?

MRI Software

From office buildings and retail spaces to industrial complexes and leisure facilities, effective commercial property management is crucial for maximizing value, ensuring tenant satisfaction, and maintaining profitability. That’s why MRI Software develops smart solutions for the property sector.

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What is common area maintenance (CAM) and why should you keep track of it?

MRI Software

Understanding the common area maintenance definition is vital for anyone involved in commercial real estate, whether landlords, tenants, or property managers. Here at MRI Software, we specialize in innovative commercial property management software designed to simplify and optimize CAM and other complex real estate expenses.

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What is Industrial Property Management and Why is it Important?

MRI Software

Efficient industrial property management is crucial for optimizing light assembly properties, enabling tenants to operate smoothly in a competitive market. Flex warehouse Flex warehouses are typically versatile, single-story structures combining warehouse functionality with office/retail space.