Mobile apps for real estate and multi-family housing offer property owners more direct ways of conducting business. These apps allow tenants to pay rent through the app, request maintenance, get in touch with the landowner, and ask questions. Plus, such an app can record transactions, offer receipts, send warnings for late payments and more.
If you are looking to develop an app for your real estate or multi-family housing business, then you may want to look at already available applications for inspiration. To that end, we have compiled some of the most innovative mobile apps for real estate and multi-family housing.
Advanced Accounting Features
One of the most popular mobile apps for multi-family housing is Buildium. The app has all the necessary accounting features, including electronic payment features and streamlined maintenance requests. Buildium allows tenants to view every fee, payment, deposit and refund at all times.
Plus, property owners can make transaction notes in order to see which tenants make late payments. For multi-family homes, the app includes a common allocations function so residents each pay their share of utilities and common area maintenance.
The app allows users to easily transform work orders into bills and pay them online or set up automatic payments for recurring items. Buildium also provides comprehensive financial reports that include balance sheets, income statements, cash flow statements, general ledger information, rental owner statements and more.
Buildium’s true value lies in its ability to assist all parties in the multi-family housing and real estate world with their accounting needs. This is a key element of any app in this industry, as having an organized accounting system can save your company money in the long run.
Marketing Tools
The best real estate apps streamline the process of marketing a property or finding one. For example, AppFolio Property Manager relies on cloud-based technology to optimize the property management and advertising process. It works for both residential and commercial properties.
The app includes various marketing tools, including the ability to:
- Post listings online via the app.
- E-sign documents, receive applications and conduct background checks online.
- Compare the price of a property to similar properties. Property owners can adjust rent accordingly to make sure their tenants are not underpaying or overpaying.
- Advertise multiple properties at the same time.
- Advertise a unit type, amass guest cards and choose which applications they accept without specifying the exact unit.
It’s no secret that knowing how to market a property is an essential part of the real estate industry. Apps such as this one streamline the daily workflow by enabling real estate workers to advertise their properties at the click of a button while also making it easier for tenants to find the perfect property.
Improving Communication
In the multi-family housing and real estate space, apps such as RentManager simplify and protect property owners’ communications with a professional-grade VoIP system. This allows tenants to communicate with property owners through online voice communication.
This feature can be integrated directly into the app, making every call more efficient and protecting any sensitive information property owners may share. The app also automates the process of generating and delivering report batches according to the schedule property owners establish. Automating the more tedious elements of property owners’ jobs can go a long way towards reducing the stress you face on a day-to-day basis.
Tips for Developing Your Own Mobile App for Real Estate
If you want to develop a mobile app for your real estate or multi-family housing business, start by considering your target audience. Most people are constantly on the go, so you should offer tenants an easy way to schedule service appointments, explore on-site amenities or get in touch with the front desk via a few taps on their phone.
Your app should also reduce the time and resources required to manage a property. As such, messaging features or the ability to send out mass notifications can be helpful. This way, tenants will know right away if a repair person is on their way or if a package is waiting for them.
The key is convenience; a good app will simplify tasks, both for tenants and property owners. By automating certain processes and making information more accessible, mobile apps for real estate and multi-family housing can ensure that day-to-day operations can be completed in a more effective manner.
Of course, before you can develop an app for the real estate and multi-family housing space, you will need to find a skilled app developer. The team at 7T specializes in custom mobile app development with experience in the real estate industry. We’re also proficient in a number of emerging technologies, including augmented reality, virtual reality, artificial intelligence, blockchain and natural language processing.
7T is based in Dallas, but we also serve clients in Austin, Houston, and beyond. To get started, contact us today
