reckon with real estate

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Reckoner provides a comprehensive solution for managing the complete
order cycle for a real estate organisation

The starting point for the process is the order booking or in some
cases, a pre launch or pre booking. An order for an apartment or plot
is fairly detailed in nature. It contains the property number, size,
price, additional charges like car parking, membership etc. It may
also have multiple owners. Besides sales of property, there would also
be processes related to property lease/rental. Payment terms and
reminders. Reckoner supports multiple payment terms and installments.
Since each order could have separate payment profiles for each item, a
very comprehensive system is required which should be capable of
generating payment reminders for each line item against the same
order. Reckoner helps you in generating timely reminders by tracking
the payment terms for each order thus preventing revenue leakage
caused on account of delayed payments. Payment management is
integrated with Reckoner finance thus eliminating duplicacy of data
and ensuring accuracy of statements.

Agents or brokers are a vital cog in the real estate machinery and
could be involved both at the sales as well as the land purchase
stage. A substantial amount or orders may be booked through agents and
agents may also be involved in property rentals or lease. Reckoner
tracks agent commissions due against each order and will also manage
the staggered payment schedule for a broker, which could be linked to
the payment schedule of customer. Taxation management for agent
payments are also part of the functionality provided.

Property transfers. A regular occurrence in the real estate industry
is the transfer of property from one owner to another. Reckoner
provides for systematic transfer of property along with details of
payments due. Reckoner also maintains detailed lifelong history of
transfers against each property providing transparency to your
customers.