The term describes a digital platform designed to streamline rental property management tasks. This solution typically offers features such as tenant screening, online rent collection, lease agreement generation, and maintenance request management. It represents a category of software intended to simplify the landlord’s workflow.
Utilizing such a system can improve efficiency in handling rental operations, reduce administrative burdens, and enhance communication between landlords and tenants. The advent of these platforms reflects a broader trend toward automating traditionally manual processes within the real estate sector, responding to the increasing demand for convenience and accessibility in property management. The efficiency in processes such as tenant screening and rent collection provides benefits for both landlords and tenants.