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Tag: Agreements

Understanding Harmony: Should I Pay or Should I Go?

Aug 28, 2023HERO PM NewsHarmonyaccounting, Agreements, Harmony, Invoices, Money, Work Orders

In property management, there are times where we need specific approval from an owner or association before paying an invoice on their behalf. In other cases, we may require internal review of invoices before they can be paid. This may depend on who the invoice is for, what it’s for, or how much it’s for.…

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Understanding Harmony: Extra! Extra!

Aug 26, 2023HERO PM NewsHarmonyAgreements, Extras, Harmony

Harmony covers a lot of options in your occupant agreements, like renting a storage space or garage along with a condo, adding a golf membership to a vacation reservation, or adding a paid reserved parking space to a rental. However, there are a lot of things you may provide outside the box, and Harmony has…

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Understanding Harmony: Bill of Rights

Dec 29, 2022HERO PM NewsHarmonyAgreements, Guests, Harmony, Legal, Tenants

Good landlords and property managers understand the value of their occupants, and treat them with the dignity and respect that they deserve. However, not all are good, and that’s where legislation shows up. One common piece of legislation we’ve seen popping up all over is often referred to as a “Tenants’ Bill of Rights”. Your…

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Understanding Harmony: Play it Again, Sam

Jun 11, 2020HERO PM NewsHarmonyAgreements, Harmony, Money

Charges and bills often recur every week or month. Harmony makes it easy to set up recurring financial transactions. When creating a management agreement, you may have management bills to the owner that recur on a schedule. A base management fee or administrative fee may be billed every month. An annual management fee or performance…

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Understanding Harmony: My Owner has 100,000 Properties

May 21, 2020HERO PM NewsHarmonyAgreements, Harmony, Owners

This may be a little silly. But even sillier is the actual real-life limit of Harmony – each management agreement can have up to 390,451,572 properties on it. If you have an owner with more than 390 million properties, you either have time travel skills or access to a parallel universe, and we’d love to…

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Understanding Harmony: The Complicated Owner

May 8, 2020HERO PM NewsHarmonyAgreements, Harmony, Money, Owners, reports

Do you remember when you had your first owner, they had one rental house, and life was incredibly simple? Growth in property management usually involves some increase in complicated situations. Your owner may have bought a four-plex. Then she may have gone in 50-50 on a duplex with her mom. Then she joined with a…

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Understanding Harmony: How’s My Growth?

Apr 22, 2020HERO PM NewsHarmonyAgreements, Harmony, Listings, People

Property managers like you often want to grow their business. There are a few different numbers you’ll likely want to keep an eye on to determine your company’s growth. The simplest number, but the one that tells you the least, is the number of units managed. In Harmony, you can see this number quickly by…

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Understanding Harmony: What’s Going On?

Mar 4, 2020HERO PM NewsHarmonyActivities, Agreements, Alerts, Calendar, Dashboard, Harmony, Maintenance

It’s the first essential question of successful management. Harmony makes it easy to see what’s going on, at a glance. All things time-related, like workorders to be done, leases to renew, appointments to keep, and even things to pick up from the store, show up on your calendar. You can click or tap any item…

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Understanding Harmony: Let’s Agree

Jan 2, 2020HERO PM NewsHarmonyAgreements, Harmony

Whether you manage for yourself or others, lease to tenants, or have vendors provide service, everything you do as a property manager is governed by agreements. Every dollar that you collect and process, and every action that you take, is related to some form of agreement that you have with someone. Agreements are the backbone…

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