Technology has become inevitable to keep up with the pandemic norms for the real estate industry. However, contactless technology serves more purpose than just minimizing physical contact. Property managers discovered that contactless technology was more convenient as opposed to traditional property...
According to a global tenant survey, tenants rated building management the highest among technology services and physical amenities for better tenant satisfaction. Tenants look for better management above accessible amenities and convenient leasing experiences. If you are falling behind, you...
Keeping your tenant happy is an unending task, but it's the most important step in your real estate business to succeed. While there are many ways to achieve tenant satisfaction, implementing a tenant portal is something you don’t want to miss out on.
Automating and digitizing some o...
Only 5% of companies that achieve revenue goals generate more than 2500 leads per month, and if you’re struggling to increase lead conversions, you may have to change your strategies.
If you haven’t been getting more leads in a month, implement certain strategies and keep a close track of...
Everybody likes a well-maintained property. For property managers, that leads to tenant satisfaction and tenant retention. A survey by Avail states the same - 12% of tenants planned to vacate rather than renewing their term if the property was not well-maintained. ...
Managing properties is not an easy job. With constant complaints, maintenance problems, and difficult tenants to deal with, your job can become extremely tedious. When tenants reach out to you, however, you are legally obligated to resolve the complaint in an equitable manner for all parti...
Tenant screening is one of the first and the most important steps while renting your property. If you’re managing a property business, tenant screening can be a tedious task, and if done wrong, it can lead to troubling consequences. Getting that ideal tenant is not always possible. Ev...
Want to create listings that attract more tenants? In today’s tech-savvy world, more than 50% of buyers look for homes on the internet. As a property manager, online listings are your primary way of acquainting prospects with the property. Well-created property listings improve user experi...
Every company lays special emphasis on their ERP software go-live. The companies that are successful gain immense benefits from it. But, not all ERP go-lives happen smoothly.
According to 360o Cloud Solutions, as much as 29% of ERP implementations are not successful. Ther...
With recent reports of Cadillac Fairview using facial recognition to track people (without their permission), the question of privacy - within properties and the real estate industry – is up for discussion again.
So how secure are we within a public space or in private property? Knowing that pe...
Technology is revolutionizing traditional building management systems. While BMS has a handful of thermostats, air conditioning systems, and ventilation, IoT aims to make the system smarter and more efficient.
The Internet of Things or IoT is already influencing many parts of our li...
The current year has been quite surprising for real estate. It’s killed opportunities while birthing other markets, like coworking and flexible work. However, real businesses must prepare for the future while dealing with the present.
With that in mind, we’ll cover many experts...
As times changed due to the pandemic, a large number of people have started working from home. Even as Covid-19 wanes, the remote working trend is here to stay. According to Upwork, 36.2 million Americans will be working from home by the year 2025. This is an 87% percent increase from the pre-p...
As a property manager, making lease agreements can be a complex task. It includes many clauses and terms that can make you wonder--why signing a lease agreement is necessary.
Lease agreements are legal documents that offer protection to both the tenant and property manager. Even if ...
The property management industry has been slow to adapt to new technology. But with remote working being a necessity, the industry underwent some notable changes. Artificial intelligence changed the way the industry functioned. It has revolutionized property management by automating data analysis, a...
The real estate industry has been facing challenges for more than a year. From real estate investors to property managers, everyone has struggled with the impact of the pandemic. Most companies have shifted to remote working and relied heavily on technology to make it possible. Thankfully, Prop...
Tenant screening is an essential process for property managers. For those managing multiple properties, screening can be time-consuming and tedious. Individually verifying each application and conducting background checks isn’t the most efficient approach either.
You can simplify yo...
Project management is a key skill for all companies. It’s easy to see why: projects lead to growth, and management leads to completion. However, we’ve worked with several clients who had several misconceptions about project management.
This skill isn’t solely to stay on top of projects an...
By now, we’ve gotten used to working remotely, avoiding crowds, and using face masks and hand sanitizer.
It might be a while before these habits start going away, but many of these changes might be here to stay. Remote work, for one, has shown companies and employees alike that it ca...
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