Property investors set for simpler sales, less admin with new market moves
National real estate network LJ Hooker has partnered with a revolutionary technology provider to grow its property management arm, as it looks to make life easier for its property investor clients.
Launched last year, LJ Hooker Avnu is powered by new technology to reduce administration for its clients, including property investors.
LJ Hooker Avnu is set for rapid growth, and to bolster that, it has chosen the Managed App as the engine for its property management business.
The Managed App connects tenants, landlords, property managers and tradespeople via one platform accessible on desktop, mobile and tablet across Android or iOS.
Tenants use the platform to pay rent and also lodge requests for maintenance and repairs. Their landlord and property manager are immediately notified of new requests.
Head of property management at LJ Hooker Avnu, Nick Georges, said Managed aligns with its vision for the future of the industry.
“We are a technology-based business and we wanted a partner that reflected our innovative view of the future of property management,” Mr Georges said.
Out with the old school
LJ Hooker Avnu was keen to integrate a platform that’s not built around the old-school system of trust accounting, which is a headache for investors and agents alike.
“Managed gives absolute transparency to all parties when it comes to payments," Mr Georges said.
Further, Mr Georges said the new partnership will provide other benefits to its property investor clients.
“This is not just a property management tool. Managed offers a full suite of features for our investors such as calculators and depreciation tools, and it tracks activity across their whole portfolio,” he said.
A change is coming
LJ Hooker Avnu is the latest in a number of real estate offices and networks to use the Managed platform, and growth is set to continue.
According to Thom Richards, director at Managed, this new technology has resonated with networks and agencies looking to reduce their administration and focus more on better servicing its client base, property investors included.
“It is no surprise that LJ Hooker Avnu, one of the industry’s most progressive agencies, wanted a property management platform that was aligned with its vision for better customer outcomes driven by technology,” he said.
“This was particularly relevant to them as a business seeking to augment top line client experience through its agent network with cutting edge tech,” he said.