Real Estate & Property Management System (Property Apps)

Overview

With ever increasing competition, the real estate industry is finding that things are not as easy as before. This need is pushed up by the increase in demanding and knowledgeable customers and a host of new competitors flooding the market. Real Estate firms receive enquiries for properties which could be for buying, leasing or renting and they are required to provide different options on the basis of various criteria such as budget, location, property type - residential or commercial etc.

In order to facilitate the users to go through their business processes either in Sales (ISON PropertyApps) or in Leasing Cycle (Pre Leasing) as the case may be, ISON has built extensions over the Oracle Property Manager and Oracle CRM modules. These extensions have seamless integration with other Oracle modules like Oracle Projects, EAM, Accounts Receivables and Accounts Payables. Since these extensions have been developed with an open source code and are in sync with standard Oracle application modules, neither Oracle support nor further upgrades from Oracle are compromised in any way.

Typical Requirements in Pre Lease

  • Maintaining centralized customer database
  • Timely update of information like lease rates and availability
  • Internal approval of Offer / MOU
  • Ability to print Offer / MOU
  • Revision of Offer / MOU with version control
  • Generation of Investment Agreement and Lease Contract
  • Tracking statuses and movements of Agreement to Lease and Lease Contract

ISON Pre Lease

Oracle Property Manager takes care of the complete Lease Management activities during the entire tenure of the lease. But the activities that happen before the lease contract is signed, are more than often left untracked. ISON Pre Lease has been developed to help the user go through all these business processes prior to signing the lease contract. The user can prepare an Offer/MOU, get it approved internally before printing and sending to the customer and create an Agreement to Lease and then finally, the Lease Agreement.

Typical Issues in Property SALES

  • Maintaining centralized customer database
  • Information on the inventory of available units with area, price, unit type, etc.
  • Ability to reserve / book units
  • Timely billing as per the payments schedules
  • Calculation of agency commission
  • Cancellation of booking
  • Transfer of ownership
  • Collection of cancellation and transfer charges
  • Property handover

ISON Property Apps

ISON PropertyApps is an integrated offering for managing all the business process related to Sales of Properties that starts with the Property Reservation / Booking to Collection and finally to handing over the property to the owners.