What is real estate ERP?
Real estate ERP is software that keeps unit inventory, bookings, buyer records, installment payment plans, receipts and accounts in one system instead of registers and spreadsheets. For developers it also has to handle payment plans that run for years, transfers between buyers and broker commissions, which general-purpose ERPs leave to you. RE-ERP keeps units, installment plans, receipts and double-entry books in one ledger, from $49 a month.
How does installment tracking work for property sales?
On booking, the remaining balance is split into a schedule of installments. Each payment is posted against that schedule, anything late shows up on an overdue list for recovery, and the receipt posts to the same double-entry books, so the buyer’s account and the books always agree without anyone reconciling them. RE-ERP runs installment plans, receipts, and collections and overdue reports on one ledger, from $49 a month.
Installment plans guide
Can one unit be sold twice by mistake?
It should not be possible when every unit is a single live record: once a unit is booked, its status changes for everyone at once and a second booking is refused. Units get sold twice when sales offices, brokers and accounts each keep their own register and copy it between them. In RE-ERP every unit has one record that sales and accounts work from.