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  • Accounts Receivable

    With numerous core responsibilities to consider, real estate companies are often left with minimal or no time to handle their accounts receivables. This process is essential to ensure that all the payments are received on time, which is extremely important for the company to meet its financial goals, particularly in terms of the cash flow. However, carrying this in-house can be time consuming and prone to errors.

    Therefore, outsourcing real estate accounts receivables services to a reliable partner can help real estate companies focus on business critical tasks. HAS Properties is a real estate accounts receivable service provider, which has been providing quality services to clients around the globe. We have the expertise to successfully assist real firms in managing their cash flow. Our efficient services will leave organizations with the time to optimize their business functions.

    Services We Offer

    Being in the industry for over a decade now, we have the required experience to handle different types of real estate accounts receivables requests from global clients. We follow a streamlined accounts receivable process to deliver quality services within a quick turnaround time, without any compromise on the quality. Some of the key services we offer include:

    • Tenant Accounts Receivable Management We have the required expertise, skills, and resources to provide quality tenant accounts receivable management services, which include -
      • Rent processing
      • Rent collection processing
      • Setting up leases or leasing software
      • Applying late payments for delinquencies
      • Managing move-is, move-outs, and renewals
      • Tracking utility consumption
      • Analyzing tenant ledger reports
      • Generating reports on move-ins, move-outs, late fees, etc.
      • Generating rent statements
    • Accounts Receivable Management Our team of financial experts at HAS Properties provides our all clients with the best-quality accounts receivable management services including -
      • Tracking security deposits
      • Processing monthly rents and printing invoices
      • Managing move-ins, move-outs and renewals of contracts
      • Following-up by call or email
      • Billing properties for management charges and other fees
      • Managing deposit sheets and input cash receipts
    • Month-end Accounting Tasks When it comes to real estate companies, numerous accounts receivable tasks need a regular planning and introspection. We have the required bandwidth and skilled resources to provide our clients with the required services at the right time. Some of the month-end accounting tasks include -
      • Reconciliation of cash to general ledger
      • Reconciliation of internal transactions
      • Calculating management fees
      • Preparing cash projections for the next month
      • Reviewing coding to ledger accounts
      • Booking all the month-end accruals
    • Reporting Our team provides highly accurate financial reporting services. As documentation is one of the key steps when it comes to financial matters in any business, we offer reliable reporting services to ensure that all the transactions are documented. Some of the key services we provide include -
      • Preparing monthly property reports
      • Maintaining financial schedules as the per the requirements
      • Comparing monthly budgets to the operating results
      • Creating monthly operating reports
    • Other Services Apart from the regular accounts receivable services, our team is also equipped to handle a series of other tasks including -
      • Preparing regular tenant reconciliations
      • Preparing reconciliations for trust accounts
      • Assisting while preparing annual operating budget
      • Assisting while preparing real estate tax returns
      • Preparing reconciliations for insurance escalations and real estate taxes
      • Booking journal entries for disposition of properties

     

    Meet Our Team

    Rockstars of HAS Properties

    Sajid Mahmoud CEO

    A little about me: I am a London native, licensed to sell real estate since 1998. My business is built on the referrals of past clients and colleagues from other cities. I would happily provide you with a list of references who would be willing to tell you about their experiences working with me. I work with sellers and buyers in all price ranges – I have now been in the business so long that I am selling houses to (and for) children of clients! I have substantive experience in the oldest established neighborhoods of UK, Turkey and Pakistan cities and also in the newer developments of the suburbs.
    Clients say that my strengths are my knowledge of construction and quality, my use of thorough data and analysis in valuation, my patience during extended buying periods, and that I don’t apply pressure. I don not shy away from pointing out the shortcomings of a property or a neighborhood, and I regularly refer back to your stated goals to keep the process focused and efficient. It is rare that I don’t develop a friendship with my clients during our time together.

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    Samatha Grymes Realtor

    As a London native and Realtor, I decided to embark on my journey to serve my clients in the Residential Real Estate realm. My ultimate goal is to make every client a client for life. My background in communication provides me with a solid foundation to be able to listen to my client’s needs. This allows me to tailor my approach in order to provide the best possible outcome for my clients. Whether you are buying, selling or investing, I am eager to advise.

    As my client, you will be provided an incomparable level of personal attention and constant communication. I have an integrated network of affiliated licensed professionals such as home inspectors, mortgage lenders and transaction specialists who deliver any assistance my clients may need during the process. I value the level of trust my clients have in me and have their best interest above all else.

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    Justin McDaniel Realtor

    A UK native, Justin McDaniel understands the value of hard work and perseverance. Growing up in London as the son of a realtor, Justin was taught that to be successful he would need to put into life what he wanted to get out of it. With this life lesson internalized at an early age, Justin would find success in almost every endeavor he embarked upon in his adult life.

    Though real estate was not his first career, Justin found success in both the freight industry as well as on the golf course as a sales professional and professional golfer, respectively. While the career in the freight industry taught him how to be a keen negotiator, the golf course taught him how to focus on his goals and never lose sight of them. With these skills he would enter the real estate industry with a bang, successfully closing over £3 million pounds in sales within his first year.

    Now a veteran realtor, Justin’s momentum in the industry continues to grow. As an London resident for the past 16 years, along with his prior careers and a reputation for professionalism and integrity, Justin has developed a wide network of both clients and business partners. This network, combined with his passion for sales, has proven to be the catalyst to his initial and continued success in the industry.

    Understanding that his clients count on him throughout the entire process of buying or selling a home, Justin makes it a point to be available for them. In fact, many of his clients rave about his availability, pleased that he is able to accommodate tough schedules and last-minute requests. This, coupled with his excellent negotiation skills, remarkable patience, and in-depth knowledge of the local real estate market, has set him apart from others in the industry. Focusing primarily on residential sales in the tri-cities and north central San Antonio areas, Justin’s clients look to him for expert guidance when navigating the highly competitive UK housing market.

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    Janet Key Realtor

    I graduated from the University of Cambridge with a BS in Economics. I was Licensed to sell real estate in 1983 I began working in field. I was the number one McMASKER agent in the Aberdeen in 1990 and 1991. The Governor at the time, Ann Richards, recognized my contribution in helping jump start the economic recovery of the region. To date, I have over 1200 sales with approximately 850 of those in HAS Properties.

    I believe that there is no substitute for HONESTY, INTEGRITY, KNOWLEDGE and PERSEVERANCE. My motto is “Do it right the first time”.

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