South Africa’s rental market is experiencing a surge in 2024. With this increasing demand, rental practitioners will need a helping hand to manage their bustling rental books. In response, proptech company Prop Data has partnered with reOS, a cutting-edge rental management and collection platform, to offer this solution at a subsidised rate of R2,000, giving rental management businesses top features to grow their businesses. 

While high interest rates and the rising cost of living are putting homeowner dreams on hold, this spells good news for landlords and their property managers. A recent Lightstone survey found that 50% of estate agents surveyed believe this will push house rentals up and increase demand in the buy-to-let market.

“We’ve fielded several requests for a rental platform that can automate the entire process, from invoicing, collections, to auto reconciliations,” says Mark Buttress, CEO at Prop Data. “However, the price point can be a deal-breaker for real estate businesses. At only R2,000 per month, we’re giving existing and new Prop Data clients access to reOS on our Prop Data Manage platform without needing to break the bank.”

The special offer is valid until 31 December 2025 and the sooner a client signs up, the larger their savings will be. According to Buttress, similar platforms will often understate prices due to hidden costs not included. Instead, the reOS pricing provides a flat rate for the duration that a client signs up. 

Making rental books work like magic

Besides its game-changing new price, reOS remains one of the most cutting-edge platforms in the industry. It uses advanced blockchain-enabled technology that automates and simplifies complex workflows, drawing from basic lease information. According to Craig Buckley, Managing Director at reOS, this ensures all incoming funds are “auto-magically reconciled” every time. 

The platform was created with the goal of saving real estate businesses time, money, and effort while ensuring their clients receive a great experience. Its top features include:

• Automated invoicing, set-and-forget payment rules, communications, and alerts 
• Fully branded communications, reminders, statements, and reports
• Two-way integrations with all major banks, municipalities, and services
• Tenant vetting via TPN, maintenance and inspections management with Property Inspect, and more
• Fully integrated deposit management, in-built compliance (KYC, FICA), and annual audit certificates included
• Encrypted audit trail and third-party integrations protected by blockchain technology
• Financial report creation for business insights
• Remote access anywhere in the world and cloud storage

“We’ve put together features that allow you to focus on growing your business,” says Buckley. “Our platform handles all the heavy lifting and gives you the benefit of personalised support if you have any challenges.”

Streamlining all your tasks

reOS’s integration with Prop Data Manage, an advanced property listing management system, provides even greater functionality for rental specialists.

“Our partnership makes reOS the go-to choice over other rental platforms,” says Buttress. “On our end-to-end rental solution, you can get work done all in one place. There’s a seamless journey between listing, tenant lead engagement, and vetting. Furthermore, there’s the ease of use for digital application collection and approval, lease initiation, and the processing and reporting of associated payment collections.”

To find out more about this exclusive reOS offer or Prop Data services, visit https://www.propdata.net/, email This email address is being protected from spambots. You need JavaScript enabled to view it., or call +27 31 266 0035.