What does real estate collection mean?

The act of cleaning up, requesting, and urging the collection of overdue accounts receivable generated during the sales process of its projects.

According to the Baidu Wenku query, real estate debt collection refers to the behavior of real estate companies to clean up, demand, and urge the recovery of overdue accounts receivable generated during the sales process of their projects.

The main ways to collect real estate debts are: setting up a special debt settlement team to be responsible for the debt collection work. Establish a complete customer credit system and adopt different collection strategies for customers with different credit levels. Collection personnel send collection notices to customers through phone calls, text messages, emails, letters, etc. to remind them to pay their dues. If necessary, disputes can be resolved through legal channels to achieve the purpose of recovering the money.