Property Management

Blog tagged as Property Management

Why Is Maintenance Important For Your Properties? 

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. ...

25.08.21 10:30 AM - Comment(s)
Busting Common Tenant Screening Myths 

Renting out properties can be a tough job. From having to interview tenants, provide maintenance, manage accounts, and solve tenant problems, the list goes on. Whether it is noise complaints, damaging items, or constantly being notified about minor problems, these tenants ca...

16.08.21 10:30 AM - Comment(s)
Top Property Listing Tips to Fill in Vacancies Faster 

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...

09.08.21 08:00 AM - Comment(s)
Top 9 Best Practices For CAM Reconciliation

Common Area Maintenance (CAM) reconciliation sounds simple. Just add up all common area expenses and divide them among all the tenants. But in reality, it is a complex and time-consuming process. You might miss certain expenses or end up overcharging your tenants. Regardless, any error in CAM reconc...

07.08.21 08:00 AM - Comment(s)
How To Avoid Common Property Management Software Mistakes? 

Real estate automation has been in the market for quite some time. Every sector--from residential to commercial--has adopted some form of technology to simplify business processes. Automation through RPA tools not only leads to smart management but also plays an integral part in the financial succes...

05.08.21 08:00 AM - Comment(s)
The Top 8 Reasons to Use Chatbot Technology for Property Management 

Chatbots are not new to the internet. 67% of consumers worldwide had an interaction with chatbots last year. Whether improving customer experience or collecting information, chatbots have made their way into every industry. In real estate, they are used to interact with prospects and conve...

30.07.21 08:00 AM - Comment(s)
8 Reasons to Upgrade to Online Rent Collection  

Ever had tenants who always paid their rent on time? Such tenants are an asset but are also not very common. For property managers, rent collection is one of the tiresome aspects. More than 50% of Americans make late payments due to job loss, financial problems, or simply because--they for...

29.07.21 08:00 AM - Comment(s)
Your Guide To Going Paperless in Real Estate 

Every year, offices use thousands of tons of paper. From documents and files to invoices and receipts, we waste a lot of it. According to Record Nations, 45% of paper printed in offices ends up in the trash can by the end of the day. Apart from the obvious environmental impact, relying on paper...

28.07.21 11:30 AM - Comment(s)
The Top RPA Trends in Real Estate 

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...

21.07.21 11:48 AM - Comment(s)
Your Guide to Property Management Using IoT 

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...

12.07.21 07:00 AM - Comment(s)
Real Estate Trends To Look Out For In 2021 

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...

09.07.21 08:00 AM - Comment(s)
How Multifamily Housing Can Adapt To Remote Working Tenants 

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...

08.07.21 08:00 AM - Comment(s)
The Top Property Management Analytics You Need To Follow 

The financial health and growth of the company are priorities to every property manager. As the industry has begun adapting technology, property management analytics are also changing. Whether it is tenancy, lead generation, or marketing, you can understand it all through modern data analytics. In r...

02.07.21 09:36 AM - Comment(s)
The Top Lease Agreement Terms You Need To Include  

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 ...

30.06.21 12:00 PM - Comment(s)
Your Guide to Budgeting and Forecasting With a Property Management Software

Real estate forecasting was traditionally based on intuition and word-of-mouth. In today’s environment, data-backed decisions form the backbone of a company’s financial growth. As there is a lot of data generated every day, you can use technology to leverage your business growth. 

 

PropTech...

28.06.21 08:00 AM - Comment(s)
Artificial Intelligence, Apartment Leasing, and The Top Trends 

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...

24.06.21 02:30 PM - Comment(s)
Latest PropTech Conferences by Yardi and MRI  

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...

22.06.21 08:00 AM - Comment(s)
2021 Renters Report across U.S. and Canada: Top Developing Trends 

Across the world, the rental property market is impacted by Covid-19. As the world recovers from the pandemic, the market is expected to reach $1765.5 billion in 2021. With the real estate trends changing, let’s explore how the market fares in different countries.  

18.06.21 11:35 AM - Comment(s)
How We See The Office Industry Shaping Up 

It’s an understatement to say that COVID caught everyone off guard. Households, businesses, enterprises, and even governments failed almost equally at estimating the best practices during the onset. 

 

Thankfully, it feels like the worst period might have finished now. Now, we just need to g...

17.06.21 11:00 AM - Comment(s)
Top Real Estate Property Management Software Features to Help You Do More
Which property management software do you use? Learn what features make them more efficient and productive. Or what to look for when getting property management software.
13.06.21 10:01 PM - Comment(s)

Tags