We’re excited to unveil our latest feature, "Pay in 12", designed to provide your landlords with a smarter, more flexible way to manage both regular and unexpected bills.
Addressing the Challenge of Upfront Costs
Unexpected upfront costs can be a significant burden for property owners. Whether it's maintenance, water, strata fees, or land tax, these bills can disrupt cash flow and create financial stress. With "Pay in 12," we’re offering a solution that alleviates this pressure by spreading these costs over 12 equal payments, making budgeting more predictable and manageable.
The Solution: Simplified Payments with ListSure and Proptech Labs
Our collaboration with ListSure and Proptech Labs is aimed at helping property owners tackle these challenges head-on. Now, with just a 12% flat fee, landlords can pay their bills immediately and spread the payments over 12 months, with 12 equal instalments. Plus, there’s no cost to the agency for this service, making it an even more attractive option for property managers. Additionally, ListSure will lend up to 50% of the annual rental value, giving landlords greater financial flexibility and peace of mind.
How It Works
Here’s a step-by-step guide on how "Pay in 12" operates, along with the roles and responsibilities of those involved:
Property Manager:
Create a Unique Payment Link: Property managers can generate a payment link tailored to the landlord’s specific needs, initiating the process seamlessly.
Landlord:
Complete the Digital Application: Landlords can quickly fill out a digital application, and in less than 3 minutes, they’ll be fully funded. No long waiting periods or complicated processes.
ListSure:
Real-Time Funds Transfer: Once the application is completed, ListSure handles the real-time transfer of funds to the agency via NPP (New Payments Platform), ensuring immediate availability.
Manage Repayment: ListSure also manages the repayment process from the landlord, ensuring everything runs smoothly.
Who Can Benefit from "Pay in 12"?
"Pay in 12" is perfect for property management businesses of all sizes. Whether you’re managing a handful of properties or a large portfolio, this feature simplifies financial management, offering flexibility and convenience.
Ready to Get Started?
If you’re ready to transform the way you and your landlords handle payments, we’re here to help. Contact us at sales@proptechlabs.com to learn more about how "Pay in 12" can benefit your business. Our team is ready to assist you every step of the way.
