February Product Updates
🎉✨ INTRODUCING MANAGEMENT FEES✨🎉
Managing owner fees just got easier. With Management Fees, you can now automatically raise fees when specific events occur in Re-Leased, saving you time and eliminating the need to do this work outside the platform. Once fee rules are created at the tenancy or property level and fees are raised, invoices can be conveniently generated in bulk in the Owner Fees area.
What you can do:
- Flexible fee setup: Create fixed fees, percentage-based fees, or a combination of both to match your management agreement
- Bulk invoice generation: Raise multiple fees and generate invoices for each owner in just a few clicks. Each invoice will include a clear breakdown of all fee line items
- Simple fee tracking: Filter and view draft, invoiced and generated fee invoices in one place, bulk select the fees you want to invoice, or export your fee data from the screen to a CSV file
Property Fee Report in the Report Builder
You can also create property fee reports using the Report Builder. The report includes two key sets of information, making it easy to calculate the value of your portfolio at a specific time:
- Property details – such as name, address, and owner
- Fee details – such as fee name, fixed fee, percentage, and Chart of Accounts (CoA)
You can also use this report to identify underperforming properties in your portfolio and model how adjusting management fees could impact their value. It can also help you optimise staffing by showing whether underperforming properties need more resources or if staff can be reassigned to improve efficiency.
Learn more about Management Fees in the Help Center:
✨ PROPERTIES✨
Custom fields now also available at the Area level
Package users can now add custom data at the area level! Previously, custom fields were only available for properties, tenancies, and contacts—but now, you can use them for areas too. This means you can easily track key details like flooring type, HVAC specifications, EV chargers, EPC scores, and expiry dates, or any other information you need — whether for individual units, entire buildings, or shared spaces like car parks. Custom fields give you the flexibility to create, edit, delete, and report on your unique data, plus bulk import multiple values into Re-Leased in just a few clicks.
Learn more about Custom fields:
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