Real estate firms incur expenses just like any other business. According to the National Association of Realtors, real estate agencies have a median business expense of $6,290.
As a result, it makes sense to manage your expenses to derive more value. It will help you gain control over your busi...
Modern-day property management software has made real estate processes easier. With several options, real estate companies struggle to make the right technology choices. Proper planning of business goals can help you define your technological needs. If you want to automate several processes, then on...
As a property manager, accounting is a significant part of your work. In 2020 alone, 5.64 million existing homes were sold in the US. With so much transactional data, you need to have strong accounting skills to maintain a realistic picture of your company's financial health.
The International Accounting Standards Board (IASB) introduced IFRS 16 Leases in January 2016. IFRS 16 brings a new lease accounting system, changing the way companies report under IFRS.
Almost all companies utilize leasing in some form or the other, with some leasing retail spaces while ...
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