Rent One Online Certified To Deliver Rental Management Solution for North Carolina Property Managers
North Carolina Real Estate Commission Certifies Rent One Online's 100% Web-based Accounting and Reports; Allows North Carolina Rental Managers To More Easily Comply With Real Estate Commission Audit Process
Scotts Valley, CA (PRWEB via PR Web
Direct) July 13, 2005 -- Rent One Online, developer of the fastest growing,
100% Web-based vacation rental management software solution, today announced
that the North Carolina Real Estate Commission has certified the company's
vacation rental management solution. From marketing to bookings to reporting and
compliance, Rent One Online's solution simplifies and automates the rental
management lifecycle, giving vacation rental managers a powerful tool to
increase property awareness, generate more bookings, and dramatically ease the
management of rental properties. Based on a thorough review and audit of the
software reports, the North Carolina Real Estate Commission found Rent One
Online compliant and has added the company to the list of compliant software
vendors. This approval letter can be found at http://www.rentoneonline.com/press/nc_cert.aspx.
“In
order to comply, software must have the capability to generate a trust account
journal, supplemental deposit and disbursement worksheets, ledger sheets, bank
reconciliation and ledger reconciliation worksheets as required by Commission
Rule A.0107 and as illustrated in the Trust Account Guidelines,” according to
Emmet Wood, Director of Audits and Investigations for the North Carolina Real
Estate Commission. “Rent One Online has been evaluated and appears to
substantially comply.”
Vacation rental managers have an important role as
a “trustee” with respect to the funds of owners of vacation properties, vendors,
tax agencies and visitors. Management and accounting software is an integral
component to maintain this trust relationship. In North Carolina, the Real
Estate Commission has a set of published guidelines for software vendors and a
formal process for evaluating property manager compliance. The state has
effectively set the standard for accounting and reporting for vacation rentals
to help ensure the transparency of, and visibility into, the cash flow among
vacation rental managers, property owners and visitors.
“As one of the
only 100% Web-based rental management solutions certified by the North Carolina
Real Estate Commission, we are dedicated to reducing the cost and effort of
property managers to remain in compliance with state guidelines,” said Bart
Meltzer, founder and president of Rent One Online. “As we continue to expand our
operations, our customers in North Carolina and beyond can rest assured that our
accounting systems and software are compliant with the highest of
standards.”
Shoreline Preferred Properties, a vacation rental management
company based in North Carolina's Outer Banks, is one of several North Carolina
companies to recently sign up with Rent One Online. According to company owner
Dan Lester, “Rent One Online offers the most advanced and user friendly
Web-based management software available today. More importantly, they clearly
understand the needs of vacation rental managers and their vision is at the
forefront of the vacation rental industry. We are delighted that they are now
certified by the State of North Carolina.”
About Rent One Online
Rent
One Online provides Web-based marketing and management tools for vacation rental
managers. The Rent One Online mission is to bridge the gap that currently exists
from the vacation property market to the larger travel services industry. Rent
One Online solutions increases marketing effectiveness, provides professional
management tools, and offering complementary and revenue-producing travel
services. Visit www.RentOneOnline.com.
Media Contact:
Joel C.
Messenger
Director of Marketing
415.637.4296
e-mail protected from spam
bots
# # #
Source : http://www.prweb.com/releases/2005/7/prweb261581.htm