Properties - Introduction
The Properties database is a central property database and will integrate with all three Real Estate Manager Systems – Sales (Residential & Commercial), Property Management and Strata Management.
The intention is that a property will be entered into the Properties module and then is linked to Sales (for Appraisals, Listings and Contracts), Property Management (Rentals, Commercial leases or Holiday lettings) as well as Strata managements. For example, you may have a current rental that is also being sold, the Properties database ensures there is no requirement for double entry.
Use the Properties area to store rudimentary information relating to the property itself, such as current and past owners, rental and sales history, land details, improvements, images, and advertising texts etc.
Whilst it is not a requirement to append an owner/lessor to a property, you will be required to have this information in the event that the property is converted into an Appraisal or Listing.