Promoted by Palace.
The market is falling. The impact of this downturn can, has and will affect some of those in sales and property management. While the majority of this sensationalism is brought about by the media to create attention, it is simply unprofessional, unnecessary and unhelpful.
However, every decade or so we see a dip in the market and it ain’t hummus and biscuits. The Australian market has had it good for a long time, and it looks like we’re all in for a change in market conditions. It’s time to tighten the belt and make those necessary changes that will pay off in both the short and long term in order to weather the storm.
In times like these, when the sales market changes in real estate, everyone always looks at a way to survive the impending market ahead and ensure they have ongoing revenue coming through the door. Almost every time, we see the focus shift to the poor cousin in the business: property management.
Now don’t get me wrong, this is not a bad thing. In fact, I see it as an incredibly positive thing as this allows you to review what your property management department is doing and never more so with the slowing market approaching. The key here is efficiency, scale, profit and the ability to manage more from less, and this is where Palace is already paving the way.
Palace continues to prove you can achieve this in any market, but more so in the current. How? Palace gives you choice — choice to use Palace on its own, with all of its product functions for property management, trust accounting, property maintenance, inspections, document management, and more superior reports including custom views that no other software can do, allowing you to drill down into those detailed financial reports or create any of your own.
Or you can choose to use any of the many third-party products that integrate with Palace such as Inspect Real Estate, Inspection Express, Inspection Manager, Tapi, Bricks & Agent, Maintenance Manager, Mydesktop, REA, Domain, REIForms live and loads more.