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What is PayProp?

PayProp serves as an automated solution for real estate professionals, offering a more efficient and robust alternative to conventional software providers and banking systems. Established in 2004, it emerged from a desire to address the disjointed nature, trust issues, and complexities associated with payments in the residential rental market. By leveraging GivenGain's platform, PayProp facilitates the automatic collection of rent from tenants while ensuring that commissions and payments to property owners, agents, and third parties are directly deposited into their bank accounts. This innovative platform not only streamlines processes but also significantly reduces administrative costs for each transaction. Utilizing cutting-edge technology, PayProp automates entire workflows, enabling property managers to efficiently collect and reconcile all financial transactions. Ultimately, PayProp represents a transformative advancement in the real estate industry's approach to payment management.

What is Ereca?

Ereca is an all-inclusive database solution specifically designed for the real estate sector, seamlessly consolidating property information, contact details, and data associated with employees, brokers, and agencies. It provides payroll calculation features that take into account diverse office settings and tax laws, while also enabling effective deal management and the computation of commissions payable to brokers. The term 'ERECA' is an abbreviation for Enterprise Real Estate Collaboration Application, created by Retransform to combine CRM (Customer or Contact Relationship Management) functionalities with a DTS (Deal Tracking System), thereby ensuring full operational transparency. This tool proves particularly advantageous for larger brokerage firms, assisting employees, commission-based brokers, and sub-brokers in proficiently overseeing properties, staff, and financial dealings on one unified platform. Ereca stands out for its ability to manage vast property databases and simplifies the complexities of calculating detailed commission arrangements. Furthermore, it produces a wide range of financial and audit reports derived from transactions and payments, while also providing forecasts for potential revenue in the coming fiscal year. With its extensive features, Ereca not only optimizes operational workflows but also enables real estate companies to refine their strategic planning and enhance financial projections, ultimately leading to better decision-making processes. Additionally, the platform's user-friendly interface makes it accessible for all levels of staff, fostering a culture of efficiency and collaboration within the organization.

Media

Media

Integrations Supported

Mailchimp
Property Inspect

Integrations Supported

Mailchimp
Property Inspect

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Humanstate

Date Founded

2004

Company Location

United Kingdom

Company Website

www.payprop.com

Company Facts

Organization Name

Retransform

Date Founded

2005

Company Location

United States

Company Website

ereca.retransform.com

Categories and Features

Lease Management

Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database

Real Estate Property Management

Billing & Invoicing
Commercial Properties
Contact Management
Credit Check
Expense Management
Insurance Management
Landlord Database
Late Fee Calculation
Lease Management
Maintenance Management
Owner Portal
Payment Processing
Portfolio Management
Rent Tracking
Residential Properties
Tax Management
Tenant Database
Tenant Portal
Vacancy Tracking
Website Management

Real Estate Transaction Management

Accounting
Appointment Scheduling
CRM
Commission Management
Contract Management
Critical Date Alerts
Document Templates
Electronic Signature
File Sharing
Task Management
Transaction Review

Rental Property Management

Credit Check
Expense Management
Online Payments
Owner Portal
Tax Management
Tenant Management
Tenant Portal
Tenant Screening
Vacancy Tracking
Website Management

Trust Accounting

Accrual Accounting
Activity Tracking
Asset Gain & Loss Reporting
Check Writing
Compliance Management
Cross Ledger Posting
Customer Statements
Fee Calculation & Posting
Receipt Management
Tax Management

Categories and Features

Real Estate CRM

Campaign Management
Client / Property Matching
Contact Management
Dashboard
Email Marketing
Interaction Tracking
Lead Management
Property Alerts
Referral Tracking
Segmentation

Real Estate Transaction Management

Accounting
Appointment Scheduling
CRM
Commission Management
Contract Management
Critical Date Alerts
Document Templates
Electronic Signature
File Sharing
Task Management
Transaction Review

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