| REMS
is an integrated Real Estate Management System that manages
all real estate functions including:
- Rentals
- Sales
- Maintenance
- Managing
estates of others via portfolios
Major
Features:
Portfolio,
Estate and Unit:
- Portfolio
consists of one or more estates.
- Portfolio
ownership can be shared.
- Estate
consists of one or more units.
- The
image of the estate Can be stored .
- Unit
can be of several types, including residential, commercial,
etc.
Persons
& Companies:
A
tenant can be owner and or an owner can be a tenant and or
a tenant / Owner can be a supplier or any combination of these.
Some
of its advantages are:
- No
duplication of data.
- Macro
view of relationship between the Real Estate Company and
the entity (vendor, tenant, client).
Contract
Types:
- Management
Contracts
- Maintenance
Contracts
- Rent
Contracts
Pay
Advice and Statements:
- showing
payments for rent periods, outstanding amounts summary or
details
- Can
be printed in Arabic or English
- Possibility
of adding adhoc pay advices.
Expense:
- Expenses
automatically created from maintenance contracts.
- The
possibility of adding adhoc expenses.
- The
source of expenses is kept for cost analysis.
Management
Fees:
- Management
Fees automatically created from Management Contracts.
- The
possibility of adding adhoc Management Fees.
- Management
Fees are automatically divided among different portfolio
owners.
- The
source of Management Fees is kept for revenue analysis.
Payments:
- Payment
types are 3, against a pay advice, expenses, or management
fees.
- Partial
payments are allowed.
- Possibility
of settling accounts of vendor and tenant in the same voucher.
- Payments
are prepared by type (cash, check, settlement).
- Automatic
updates to balances upon payment.
- Automatic
printing of receipts upon receipt of payment.
- Complete
follow-up on the payment cycle and end of day closing.
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