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:
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)
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
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
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.