The 12 Steps of Property Management System Evaluation- Step 2

Step 2. - Determine the budget and get sign off.

It is important to determine your budget before you begin evaluating property management systems.  There is no point wasting time and effort to evaluate property management systems that are priced out of your budget range.

Would you test drive a  Rolls-Royce when you can only afford a Ford Mustang or begin looking to purchase a home without getting pre-approved for a mortgage? 

The same theory applies to evaluating property management systems.  Determining your budget and getting sign off for the approved budget by the person that has that authority to do so is the best practice. 

You will appreciate this once you realize how much time is involved during the property management system evaluation process and when it's time to sign on the dotted line. 

Jeff Sefton

 

Comments

[John Beck Tele Seminar]

I think determining budget and getting sign off for the approved budget by the person that has that authority to do so is the best practice.