Magex Technologies has just launched a pro version of its online lease creation and management software, Bail Expert. This new version of the product was created to meet the growing demand from property managers and owners who wish to perform their lease management through a specialized software adapted to real estate, but who wish to perform their accounting operations in a regular accounting software.

What will become of Bail Expert?

Bail Expert “standard” is our free software and it will always remain so. Bail Expert “standard” will be a platform that will allow its users to create and sign electronic leases. The pricing will be based on the number of leases used. In other words, the user only pays for the number of electronic leases he needs, with no monthly fees added. To date, our pricing is $7.95/unit.

And what about Bail Expert Pro?

The new pro version of Bail Expert is more complete than its standard version. Bail Expert pro is a rental management software. It includes the functionalities of Bail Expert, in addition to all the following features:

Rental management

This rental management module includes several features. For example, you will be able to : 

  • Collecter des loyers
  • Create and manage your statements 31
  • Create and administer your renewal notices
  • Communicate with your tenants via a communication portal

Lease cycle management

This rental cycle management module allows you to manage your tenant from the moment they enter the rental process with your building. You will therefore be able to : 

  • Receive rental requests online
  • Conduct online credit investigations
  • Generate and sign an electronic lease (signature approved by the Administrative Housing Tribunal)

Document management

This document management module allows you to create, store and retrieve your documents quickly and completely online. You will be able to : 

  • Have access to our bank of sample letters and forms
  • Fill out a sample letter that suits your needs

Management of rent payments

This module is coming soon, it is under development with our partner. Once ready, the module in function, you will be able to receive payments online, so : 

  • To link your bank account
  • To invite your tenants to use the online payment 
  • To receive your payments directly into your bank account
  • Offer your tenants the possibility to pay by debit/credit card or cryptocurrency

E-mail follow-up

This module allows you to track your communications. You will be able to : 

  • Send certified emails from your software
  • Get an email status when a tenant interacts with it

Sent email: means the tenant received it, but did not open it Rejected email: means it was blocked by an anti-spam tool Opened email: means the tenant received and opened it

Pricing

As mentioned earlier, the use of the standard Bail Expert is free and will remain so. Now, as for Bail Expert Pro, we are offering this new set of features to our users starting at $9.95/month (excluding the unit cost of electronic leases used).

Our goal in launching a pro version of our Bail Expert software was to offer an affordable solution, while providing more flexibility to property managers and owners who feel the need. 

You’re a property manager and sometimes you have your hands full… In the real estate business, you have to be able to handle a lot of day-to-day tasks to keep your properties running smoothly. 

Between managing and carrying out daily activities, it is common to have a lot on your shoulders. For this reason, several tools are at your disposal to help you in your role as manager. 

Making the leap to a software that allows you to create and manage your leases online can only be beneficial for your property management. If you’re still skeptical, here are 5 good reasons to opt for a web application like Bail Expert

Centralize your rental management information.

Opting for a software to support you in the creation and management of your leases allows you to list all the information needed for good property management on a single platform. This means you can leave behind the binders and files that require daily organization.

With a software like Bail Expert, all the information regarding the signing of leases, your tenants’ data, renewals or increases are stored in one place.

Communicate with your tenants more easily and quickly.

Bail Expert’s rental portal allows you to see at a glance the progress of your various communications with your tenants. In addition, you can send your renewal notices, lease signatures as well as your emails from the web application interface.

Thanks to this feature, your communications are grouped in one platform, allowing you to access information easily and quickly.

Mobile property management.

Opting for a software like Bail Expert, means having access to your property management at your fingertips. Whether it is through a cell phone, a tablet or a computer, you will have access to all the information you need, no matter where you are. No more need to carry multiple documents with you, your web application does it for you! On the road, at home or at the office, accessibility to your data is maximized.

Maximize your visibility.

With Bail Expert, it only takes a few clicks to market your vacant units, all within the platform. In fact, the software allows you to expose your vacant units on several networks. Moreover, our partners’ sites such as Appart Map, ClicAppart, Kangalou, Louer.ca are available for you to enjoy maximum visibility. 

Save Time

In short, computerizing your property management allows you to be more productive and to save time on a daily basis, by performing many more tasks in the same amount of time. Think of the time you will save by not archiving all your documents or all the trips you will avoid to sign leases with your tenants. 

We know for a fact that we’ve just convinced you to take the leap to an online lease creation and management web application, but if you still have a hint of skepticism, try Bail Expert right now by creating a free account. We’re telling you… you won’t regret it!