Business and quality analysts across the world are sweating over the post-pandemic dip in business travel. The major chunk of the hospitality industry is banked on these business trips. Work has shifted online and business trips have taken a major hit as collateral damage.
Major studies a...
Internet of Things is also known as a 'Web of Things'. What this system essentially does is that it compiles various individual smart gadgets like sensors and home systems on one framework. Essentially, this means that things like your refrigerator or thermostat are connected via the in...
Did you know that 220000 property managers currently work for property management companies, and around 45.1% feel the efficiency should be increased for better outcomes? Well, one way to improve is with the help of real estate management.
Getting regular rent from your tenants is all fine until they give their notice. Sure, new tenants come in, but the actual task is making the unit look fresh and well-maintained when they arrive! It's the hardest thing when you have to paint, clean, and repair the property to make it look new. ...
British Columbia (BC) suffered another severe natural disaster a few days back. Massive floods swept through the region destroying bridges, houses, and all highways. The incident left 17,000 people homeless, with around 10,000 properties on evacuation orders.
Property managers have to perform several tasks everyday. Manual repetitive tasks can become tiring. Not only would their job become overwhelming, but the management of daily tasks would become a time-consuming affair.
With a property management software, you can make things easier. For i...
The real estate industry is highly demanding. Property managers need better time management to handle multiple responsibilities better.
While technology can make things easier, are you using it the right way? Our tips combine technology and human resources to create effective, time-...
Studies suggest that been by 2050, 68% of the world’s population will live in urban areas. With cities growing and changing, the real estate industry will need to adapt too. The global real estate market, for instance, saw significant growth even during 2021, at a time the world battled the coronavi...
Did you know properties with virtual tours get 87% more views when compared to listings without tours? Modern property tours have massive potential to improve real estate sales if implemented the right way.
Today, technologies such as VR and AI help create immersive proper...
Multifamily apartments have a high number of visitors and tenants, making building security not an added feature, but a priority. With burglaries and crimes on the rise, more tenants are looking for properties that have added safety measures. An Assurant survey found that nearly 54% of ten...
It is no secret that people spend most of their time glued to their smartphones. In the real estate industry itself, 44% of residents won’t rent an apartment without a reliable cell phone connection. In today’s age of convenience and mobility, tenants need more than just traditional proper...
Collecting rent is one of the most problematic parts of being a property manager. More than 20% of renters in America are nearly 4 months behind on their rent payments. That is $5600 worth of rent per delinquent tenant.
Traditional payment methods do little to solve this p...
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...
Robotic process automation is more than a trend these days. We’ve seen it go from an interesting concept to one of the most significant innovations for real estate companies. After helping dozens of companies integrate RPA, we can safely say it’s a game changer.
However, it’s still a very...
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