Essay about Real Estate Management

Real estate property Management System



Real estate is actually a term used to describe land, which includes all natural qualities as well as man-made improvements of the permanent nature placed on the land on it such as structures. A real estate agency is a firm whose job is to collect a buyer and owner or even landlord and tenant. The property being exchanged in this instance refers to rentals, houses, office space etc . Particulars availed to clients include size of the house, location, offered services, price and payment plans if any etc . Setim Property Management is an agency located at Westland. It currently uses a manual data admittance system and also manual digesting of data. This requires handling amounts of papers stored in different cabinets. The documents contain information via owners of houses of houses available for sale or lease. The process commences with, all the information of the apartment property is put upon the databases and when a suitable client involves the firm he is supplied with the details from the property. In case the client likes the property, the agency markings the property as booked to rent and this can be reflected inside the database.

Problem assertion

In Setim Real Estate Firm the managers are responsible to get the appraisal process in several operations just like recording new property details, new customer details and in addition new vendor details. The appraisal method is done personally by supervisors or mangers filling out forms on the function performance of certain personnel whereby the forms mainly in paper and in a number of cases in Microsoft Phrase. On doing the appraisal exercise the knowledge or forms are filed and put in cabinets to get safe keeping. Problems happen whereby entry to the documents is sacrificed in some cases through vandalism, or where improvements to this sort of information is essential another type must be packed. Moreover files may quickly get lost and damaged including. through open fire leaving zero backup info. It is also tough for managers to search kept information on data files and do reviews of efficiency of workers as it is hard to locate info e. g. spanning six years upon appraisal or performance associated with an employee. Repetitive copies of inaccurate information of employees due to sporadic updates to appraisal info may be common. In addition since the process relies heavily on supervisors the appraisal process may be incorrect due to tendency and favoritism on the part of administrators towards personnel as they are not really completely scrutinized by managers. There is need to develop a more improved system that can be in a position to improve these types of problems.


Reduces period required in entering, upgrading, searching or any other sort of processing of data. This is because computers have a higher processing acceleration than those of human beings operating manually. 1 ) Reduces time required in entering, modernizing, searching or any other kind of processing of data. This is because pcs have a greater processing speed than those of human beings doing work manually 2 . Economic usage of space by removal of cabinets' stores. This can be achievable as computers have less space than cabinets, yet they will store a bigger amount of data. 3. Reduces human mistakes and inconsistency in the info by having validation and consolidation of data. Computers have a greater accuracy than that of a male. Also having all data concerning real estate in one place increased uniformity of the specifics since modernizing one file effects the alterations in other files. 4. Increases security with the data. This really is done by question access to not authorized users by simply use of diverse user's gain access to and security passwords. 5. Raises portability details.

6. Having multiple copies of information, which makes sure that data stored, is not really lost and so increases availability of the data. Also availing information on property on the internet increases their availability towards the clients who can access data from almost anywhere. six. Reduce labor force required and hence...

References: 1 . David My spouse and i. Schneider, Necessities of image basic six. 0 programming, New Jersey, Prentice Hall, 1999