That Retail Property Guy

Estate Management 101: From Red Tape to Digital Solutions

Gary Marshall Season 1 Episode 12

The Evolution of Land Records and Modern Estate Management Systems

Gary reminisces about the early days of managing land-based property records - physical documents like maps, leases and correspondence, prone to mould and mildew. Hear how the traditional storage and retrieval systems, complete with red tape and asbestos-sealed cabinets, have now been replaced by digital terrier systems that scan, index, and cross-reference documents for easy access. While these modern systems, such as MRI's Contract Intelligence and Horizon ProLease, facilitate efficient data management and lease reporting, they also pose new challenges, like ensuring thorough lease readings and integrating with accounting apps. That Retail Property Guy applauds these technological advancements but notes the ongoing need for accuracy and consistency in data management.

 

00:00 The Era of Physical Property Records

02:19 The Transition to Digital Archives

03:27 Modern Terrier Systems and Their Benefits

05:21 Advanced Estate Management Databases

06:07 Tenant-Friendly Database Solutions

07:48 The Importance of Consistent Data Management

09:36 Future Topics and Conclusion

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