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LJ Hooker signals rapid growth in property management with key appointment

10 May 2019 Reporter

LJ Hooker’s new technology-enabled agency, LJ Hooker Avnu, has chosen a new platform to power its property management business.

LJ Hooker Avnu was launched in 2018 to streamline and simplify selling a home for the national network’s clients using new technologies. 

The business’ property management proposition was launched late last year to support its sales operation, and is set for rapid growth.

To support this growth, LJ Hooker Avnu has chosen the Managed App as the engine for its property management business.

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The Managed App connects tenants, landlords, property managers and tradespeople via one platform accessible on desktop, mobile and tablet. Tenants use the platform to pay rent and also lodge requests for maintenance and repairs.

“We are a technology-based business and we wanted a partner that reflected our innovative view of the future of property management,” said head of property management at LJ Hooker Avnu, Nick Georges.

Central to the Managed proposition is its alternative payment system to the trust account structure. Moving away from the “old school” system of trust accounting was core to the decision to work with Managed, said Mr Georges.

According to Thom Richards, director at Managed, this new technology has resonated with networks and agencies seeking to focus on efficiencies, including through the elimination of reconciliations and "end of month" administration.

“We created the Managed App to automate existing workflows and mundane administrative tasks, allowing our agency clients to focus on delivering their own unique approach and methodology that will in turn boost client experience, service levels and investment return," he said. 

Managed will also integrate with LJ Hooker Avnu’s sales technology, connecting both sides of the business, said Mr Georges, as well as other functions across its client portfolio.

“Managed offers a full suite of features for our investors such as calculators and depreciation tools, and it tracks activity across their whole portfolio,” he said.

 

LJ Hooker signals rapid growth in property management with key appointment
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