Gekoso uses a file structure based on that proposed by ARMA (Association of Residential Managing Agents). This makes it very easy to pass the details of an estate onto another agent should this be requested and save considerable time and frustration.
Gekoso enables you to contact leaseholders and residents to readily explain why you are taking specific actions and the legal constraints upon you for acting in certain ways. Neither leaseholders nor residents can be expected to know the standards to which you must comply. An easy means for communicating with leaseholders and residents provides an opportunity to reduce the stress arising from misunderstandings and facilitate the smooth management of an estate.
Good communication has become even more important now that the economy has entered a period where inflation is at rates not experienced before by many leaseholders and non-leaseholder residents. The costs for energy supplies, materials and labour are fluctuating dramatically making the sums estimated last year for work to come, to now seem a travesty. Communications are going to become ever more important for management. The ease of communication with Gekoso’s software will help immeasurably.
Gekoso’s CapEx plan allows the regular, routine, occasional and exceptional work required for an estate and its costs to be easily displayed on a timeline that can include thresholds specified by the lease of the estate. Management of an estate can thus comply with the lease requirements, and leaseholders can be forewarned of impending expenses in sufficient time for a cash reserve to be accumulated to cover exceptional costs, so mitigating late payments and arrears.
GEKOSO will save you time, money, and stress, and make life easier for everyone
