Property management companies and other real estate businesses have many problems to solve. How does PMS help the real estate business?
Real estate management solutions how to#
We have 6 years of experience in PMS development, so we prepared an ultimate guide for you on how to develop a property management software that will meet the needs of your customers. JatApp has successfully delivered more than 200 projects, many of which belong to real estate industry. You may be puzzled by several questions: What type of property will your PMS apply to? What business models work best? What technology better suits the development process? However, building your own real estate management software can be challenging. Property management software market grows for a reason, as PMS helps to deal with various problems such as rent collection, remote communication, or management of the workplace. Globe Newswire reports that the global property management software market reached a value of $1.51 billion in 2020 and will grow at a CAGR of 5.6% within the next 6 years.
Property management software (PMS) is the most popular tech solution for the real estate industry now. According to Deloitte, 82% of real estate businesses confirm that they’re going to digitalize most of their conventional business processes because of the pandemic.
That is why real estate businesses try to introduce new software solutions to create unique value for their customers. Good location and square meters don’t matter much today, while contactless interactions and personalized customer experiences are the main drivers. The outbreak of the COVID-19 pandemic has changed the rules for the real estate business.
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