WeconnectU News

The unpopular truth is that, by working in rental portfolio management, you’re going to be working in inspections and maintenance management too. Few property managers rejoice in this element of their role – particularly since it brings no additional income – and many neglect it to their detriment.

This August – just over four years since our inception – WeconnectU officially reached half a million property units under management on our cloud-based platforms.

The Protection of Personal Information Act, or POPIA as it is more commonly referred to, has been well documented and discussed for quite some time now. The reality is that as of 1 July 2021, any business or legal entity that is not compliant with the POPI Act is risking prosecution and a high fine. The pressure is now on Sectional Title trustees; Homeowners’ Association directors; landlords and service providers like Managing and Rental Agents; other industry related third parties like security companies; and operators like WeconnectU to ensure that they fully comply with the regulations as set out by the POPIA.

Are you that Property Manager who struggles to manage the performance and service delivery of your staff – whether operational, financial or otherwise? Here is the thing: We are in a people-driven industry.

Your Property Management business and the technology it uses are inseparable – especially in the “new normal”. You want to be profitable, relevant, and competitive in the long run, but you need the right combination of tools.

Many Managing Agents today try to overcome day-to-day challenges and issues by using typical property management tools to manage and grow their businesses. It is becoming increasingly difficult and almost impossible.

A complex chain of events over the past 12 months has been driving new trends in the Property Management Industry. It is requiring greater workflow efficiency, improved online transparency and improved communication, as well as more marketing power to gain market share.

Property management is a huge (and growing), but highly fragmented and challenging industry. Whether you are new to the “game”, well established but want to see your business grow, or looking to diversify your business by adding new services in order to grow, you need to avoid some common mistakes that property managers often make.

“One’s perception is one’s reality” – It’s a common saying in life, and has a profound impact on the world of business as well.

When property managers get a real understanding of the daily challenges they face, why these exist and how it affects their business from an efficiency and profitability point of view, they soon realise how much time and resources gets wasted, mostly due to the tools they currently use. WeconnectU Community Management Software was created by the industry for the industry.