Website design By BotEap.comIt is important that landlords receive rent payments in a timely manner, so it is essential that they seek property management payment solutions in order to facilitate this goal. How can real estate administrations increase their chances of receiving rent payments on time?

Website design By BotEap.comToday, landlords have found an effective way to increase their income and improve their cash flow and this is through the use of an online payment portal to make life easier for tenants and at the same time increase the possibilities. the owners receive payment. money owed at the right time.

Website design By BotEap.comHowever, as the saying goes, you can’t teach old dogs new tricks. It can be challenging to convince reluctant tenants who are used to traditional payment methods to make a rent payment online, even if this might be the best solution.

Website design By BotEap.com1. Change the policy.

Website design By BotEap.comThis may not really be motivational advice, but rather a policy change. Some landlords adopt a new policy, that is, pay rent using electronic payments. While landlords cannot force tenants to do so, when they say this is their new policy, tenants will abide by it.

Website design By BotEap.com2. Reward them for using the online payment system.

Website design By BotEap.comWhen tenants are reluctant to sign up for the online payment system, landlords can try to reward them if they do. It can be a gift card or a rental discount.

Website design By BotEap.com3. Host a raffle for eligible tenants.

Website design By BotEap.comIf there are multiple tenants, organizing a raffle will be a profitable option. Those who agree to sign up to pay rent online will receive a raffle ticket and the price could be a $ 50 gift certificate to a restaurant for dinner.

Website design By BotEap.com4. Remind tenants in a subtle way.

Website design By BotEap.comSometimes a simple reminder is still effective. Landlords can mention the option of registering for rent payment online on the property management company’s website in the office, via email, brochures or wherever tenants can view.

Website design By BotEap.com5. Tell them directly.

Website design By BotEap.comThe owners can tell you directly. When they meet a resident, they can bring up the benefits of making rent payments online.

Website design By BotEap.comThe tips mentioned above will somehow encourage most tenants to sign up for rent payments online, especially when they realize the advantages, thus removing the burden of handling payments by check.

Website design By BotEap.comMake sure the online payment system is configured correctly

Website design By BotEap.comLandlords may be anxious to have their tenants sign up for their online rent payment solution, but first they need to make sure it offers the things residents have come to expect. Otherwise, they won’t be convinced to sign up.

Website design By BotEap.comCertainly tenants would like to have access to the online payment system 24 hours a day, 7 days a week, anywhere and anytime they want, to suit their schedule.

Website design By BotEap.comIn addition, the system must be easy to navigate, use and understand. In other words, it has to be easy to use. Another important element that can be taken into account is that they are given the option of using the payment method they prefer, so it would be convenient to set up recurring payments.