Promoted by Kolmeo.
Kolmeo, the new platform aiming to reshape the property management industry is signalling a new era for all investment property stakeholders, including property managers, owners and tenants.
Technology has been a part of our lives for years, making everything easier from playing your favourite playlist anywhere you go to accessing your banking no matter where you are in the world. But the property management industry has been left behind.
Now, Kolmeo, a property management platform, has launched with the mission to provide greater transparency for all stakeholders involved in property management, and to make checking in on your property as easy as opening an app.
Kolmeo understands there have been long-standing complexities of the rental market in Australia and wants to address these for all stakeholders. The platform takes the challenges of property management and makes it easier for everyone - more control, greater transparency and better efficiencies when it comes to time and processes.
Scott Bateman, Kolmeo CEO says, “The real estate industry has been reactive for too long. At Kolmeo we’re seeking to highlight the wins and reward property managers as they complete their daily tasks. We’ve used AI and behavioural science to design the app to ensure we can improve job satisfaction.”
With the average career path of residential property managers averaging only 11 months and having an industry known for high levels of stress and intense workloads, Kolmeo wants to solve the many pain points in the role.
“Property management is quite complex. It can take a long time to reach a level of proficiency that’s necessary when managing investment properties as well as the many relationships involved. This means there are many demands placed on property managers. Kolmeo wants to improve the property manager’s experience, giving them confidence and control of their work. The real estate agency in return gets to boost productivity, shorten the time it takes to onboard new staff as well as simplify their tech stack”, said Bateman.
For property managers managing hundreds of properties at once and coordinating inspections, things can get a little overwhelming particularly during COVID restrictions. On the Kolmeo app, property managers can finalise reports while they’re at the property and send off any owner reports before they get back to their car.
Working both at home and the office during restrictions and increasing flexible work can make things tricky if property managers need to keep track of paperwork or desktop files. The benefit of Kolmeo is you can do everything through your phone, wherever you are. Property managers can create maintenance requests, generate work orders, send invoices, and track and chase any late payments on the run.
Requests are at the core of Kolmeo. They are like a task that appears on screen as a to-do list that powers the property manager’s work. Requests can be started from scratch or automated so that they pop up at the right time. Property managers get to tick things off and complete requests, or snooze them for a later day.
Kolmeo also connects to all the major marketing portals and can be configured for additional ones as well as real estate agency websites. This functionality comes straight out of the box, saving agencies from switching between different software to complete their marketing campaigns for leasing.
Traditionally in property management, agencies have had to rely on trust accounts to manage rental income. Kolmeo harnesses market-leading payment technology bringing rental payments into the modern day and saving both money and time for the agency.
Kolmeo has launched with agencies across Australia that support more than 150,000 tenants and property owners, and $500 million of rent flowing through the platform annually.
For agencies who want to find the right plan for them, jump on the Kolmeo website to read more and schedule a demo with the team.