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Homeowners Association Online Tools

The 'Kohab' Platform Helps Simplify Essential Property Tasks

— August 7, 2020 — Lifestyle
The 'Kohab' platform is an online tool for Homeowners Associations that will streamline the various processes that need to be completed by members and to keep everyone involved with one another.

The platform will allow users to pay and manage their dues, while also keeping them up-to-date with essential communications as wells maintenance. A series of budgeting and reporting functionalities will detail all of the need-to-know information for members, while the voting and polling functionality will let everyone have their say on important issues.

The 'Kohab' platform puts a focus on transparency and communication for Homeowners Associations in order to help them work effectively with as few interruptions as possible. This will come as welcome news to homeowners who can sometimes feel out of the loop or who might find it difficult to keep up with all the goings on in their community.
Trend Themes
1. Homeowners Association Management Software - There is an opportunity for disruptive innovation in the development of powerful software applications that integrate all the processes of homeowners' associations.
2. Community Management Platforms - There is an opportunity for disruptive innovation in creating comprehensive platforms to enhance communication within communities, neighborhoods and apartments.
3. Online Payment Platforms for Communities - There is an opportunity for disruptive innovation in developing seamless payment platforms to provide homeowners associations or other communities with a fast and secure way to manage their transactions.
Industry Implications
1. Property Management Software - Companies that develop property management software applications can leverage the opportunity to develop and offer more robust solutions for the homeowners associations.
2. Real Estate Technology - Companies that employ real estate technology can create platforms that provide easy access to essential property management tools for homeowners associations.
3. Digital Payment Solutions - Companies that provide digital payment solutions can develop platforms that put a focus on transparency, simplicity, and security in managing community payments.
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