Cornerstone Real Estate Business Guide: Booking and Account Information Management
However, given the upward trend witnessed in the Philippines’ real estate sector in the past years, there are still a lot of major issues that need to be addressed to really help the Philippines progress in this industry.
In this series, Cornerstone will unveil two of the most common operational problems local real estate operators encounter on a regular basis and will provide possible solutions for them.
Double BookingThis is when the same unit has been booked by more than one client as the result of outdated inventory or having a poor inventory system. Double booking often leads to cancellation of the client because there are certain reasons why they choose that property. Offering them other options may help in closing the deal, but addressing the root of the problem is still the best thing to do.
Solution: Well-functioning inventory system that has a real time updates.
Inventory management system can also help in speeding up the purchasing process since all data are recorded and can be sorted with just a couple of clicks.
Saturated Account InformationReal estate businesses in the Philippines often stack everything in one place, resulting in a too saturated and unorganized accounts. This practice may lead to loss of client information or even mess up the whole inventory.
One disadvantage of dealing with saturated account information is that there are higher risks of human errors that may lead to loss of sales.
Solution: Consolidated Account Information System
At Cornerstone, users enjoy an unlimited access to the Account Information platform that enables them to utilize sales resources and manage clients with ease, see opportunities for growth, stronger account control, and improve client satisfaction.
ConclusionHaving a system that is designed to manage both client bookings and account management will benefit the business in the long run. A seamless real estate business operation opens new opportunities for growth and expansion.
Ready to take the next step?
If you haven't tried using a real estate management system, take a look through our product features and plans. This should give you a better idea on how Cornerstone works. Or give us a call for a demo and trial.