PropoCloud Enhancements: A Game Changer for Real Estate Agents
Housmart, a subsidiary of Itandi Inc., is set to revolutionize real estate transactions with its innovative tool, PropoCloud. Starting July 15, 2025, this powerful management system will empower real estate intermediary companies to generate and dispatch mandatory sales activity reports, ensuring compliance with the Real Estate Transaction Business Act in Japan.
Key Features of PropoCloud
Under Japanese law, real estate agents are required to report the status of their activities to clients at specific intervals, depending on the type of contract. For exclusive agency contracts, reports must be provided at least once every two weeks, while exclusive exclusive agency contracts require a weekly update. This can pose a challenge for agents juggling multiple clients, leading to potential lapses in reporting. The new functionality within PropoCloud addresses this issue directly.
With the