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-...
In the past few years, the real estate industry has seen accelerated growth in technology adoption. And with technology, the industry is also leveraging data as one of its largest commodities. Whether it is understanding market trends or increasing occupancy rates, data analysis is driving property ...
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...
For the past few years, the global real estate industry focused on marketing to one target audience: millennials. But as technology develops, we have an entire generation having a different set of requirements. Gen Z renters are digital natives who haven’t lived without the internet. As the oldest o...
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...
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...
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...
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...
Property management can be a constant cycle of managing existing tenants and finding new leads. Customer Relationship Management software can help property managers organize their leads. While they handle other management processes, CRM software can help with sales and customer data management. ...
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...
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...
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...
COVID-19 marked a global change for all industries. With 2021 promising recovery, experts haven’t wasted time forecasting where real estate could go. Thankfully, most trends will be beneficial for companies and investors worldwide.
However, we must focus on one fact: techn...
Tenant portals provide unique advantages, particularly in an age in which digital adoption has become a priority. The real estate sector has experienced substantial innovation: PropTech development, RPA, ERP and CRM software, and other techs are fantastic examples.
Tenant portals ena...
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