Real Estate Investor April 2022 | Page 16

COVER STORY
What does Preferental do ?
At the core , we are a virtual real estate agency that helps landlords manage all aspects of their rental property from the comfort of their phone or laptop . We offer incredible cost savings to the landlord , coming in at about 75 % cheaper than using a traditional real estate agency for tenant placement , property management and rental insurance . Our guaranteed rental payments are also a game-changer .
As a virtual agency , we don ’ t physically show properties to potential tenants or do physical inspections . Instead , we provide a tech platform that empowers landlords . Landlords can use our platform for advertising their properties on all major listing websites from a single dashboard . We provide an effective lead management system with WhatsApp integration , making it easy for landlords to connect with their potential tenants . We assist landlords with professional tenant vetting , digital lease agreements and collection of deposits and rentals . Our Preferental app makes it easy for landlords ( or authorised proxies ) to conduct thorough property inspections that are immediately saved to their dashboard for future reference . Landlords also have the full support of a professional team
managing their rentals monthly , making it easier to grow and scale their own property portfolios .
This digital full-service offering is underpinned by our unique Preferental Promise , which takes on the financial risk of the landlord by providing cover for damage to property , eviction costs , and covering rent arrears for up to four months . Our Preferental Promise basically gives landlords more than five times the value that a traditional deposit would do .
In addition to serving local landlords , we also have many international clients managing their SA property portfolio through our platform . Our easy to use platform , combined with the financial peace of mind we offer , make our services invaluable to them . Some of the countries our clients reside in are Canada , New Zealand , Belgium , Australia , Dubai , United Kingdom , Ireland and beyond .
We ’ re always working on expanding our services and creating innovative solutions for our clients . Currently , we offer the following ;
The Preferental Promise : We provide landlords with peace of mind by taking on the financial risk of the landlord . We provide cover for damages to the property , eviction costs and covering
+ 27 ( 11 ) 568 5240 www . preferental . com admin @ preferental . com