June 5, 2020
Asset Scanners Address Current Needs of Realtors Working Remotely
Asset scanners have long been a helpful tool for busy residential real estate offices, but they may be more indispensable now. The real estate industry is among those that carry on regardless of the pandemic, albeit at a slower pace than it began this year. The number of new listings has declined, as has the number of buyers. Both groups are re-evaluating their situation and, in many cases, are opting to stay put in their current accommodations – at least for now.
Remote Work Brings New Challenges
Even with reduced volume, however, business continues, and most if not all of it happens away from offices. Realtors are often working from the confines of a home office using company-owned and issued assets like laptops, tablets and mobile phones, along with software, vehicles, and more. Real estate offices need the means to catalog and keep track of all of their fixed assets – especially at a time when they may be operating within the confines of tighter budgets. Used in conjunction with fixed asset software, asset scanners traditionally have been a separate device, often handheld, that allows the user to look up data associated with any fixed asset within seconds. Each fixed asset is affixed with a unique ID barcode that, when scanned, pulls up that data on the user’s computer, laptop or mobile device. Handheld asset scanners vary in their sophistication, complexity, number of features, ease of use and price point. Real estate offices that use handheld asset scanners as part of their fixed asset tracking system have to purchase and maintain these devices, which may break down or become lost or stolen over time.
The Benefits of an All-in-One Mobile App
The simplest, most streamlined approach to an asset scanner is to build the scanning function into a mobile app, which frees the user from having to purchase additional equipment and specialized software with limited licenses. With an all-in-one system, Realtors can get access to the complete lifecycle data for their assets 24 hours a day, seven days a week without being constrained to a computer during office hours. It’s an approach that works both in this time of remote work and long after. The typical Realtor spends a significant part of the workday out of the office and often works after hours into the evening when clients are available.
Aside from ease of use, when a real estate company chooses its asset tracking platform, they should keep in mind that they’ll want a system that allows them to add an unlimited number of users with the goal of raising the bar on accuracy and accountability. The idea is to close the communication loop among every stakeholder involved in the lifecycle of your fixed assets. An asset tracking system pinpoints the location of any fixed asset and can identify the person who currently has it. Users may also access details on the item’s maintenance schedule and history, its insurance policy, lease or purchase information, warranty and expiration, depreciation and much more. Best of all, the platform centralizes asset data so there’s less hunting for assets and their paperwork, which wastes immeasurable time and money and causes endless frustration.
Asset Panda’s all-in-one asset scanners are built into our intuitive mobile app. With completely customizable features, the ability to add unlimited users and manage your fixed assets any way you want, Asset Panda removes the guesswork and errors typically associated with real estate fixed asset tracking. It’s also IoT-ready and flexible enough to incorporate new technologies as they become available.