COVID-19 pandemic conditions and social distancing recommendations make real estate showings challenging. How are you supposed to show a property to a would-be renter or buyer without physically meeting them? Moreover, if you’re looking for a new home, how can you expect to shop around without interacting with multiple property managers or real estate agents? The answers to these questions…
The COVID-19 pandemic has negatively affected virtually every financial industry, including the multifamily real estate industry. To minimize these impacts and ensure that your multifamily real estate business can survive the pandemic, it’s important to understand and prepare for the future of multifamily real estate after COVID-19. In this article, we’ll highlight the most relevant COVID-related trends in multifamily and…
PropTech is short for “property technology,” and during the last decade, this buzz term has been taking over the real estate industry. According to the research company CREtech: “Investment in real estate tech companies globally hit $14 billion in the first half of 2019. That’s more than during all of 2017, which saw a record $12.7 billion in PropTech investment.”…
PointCentral continues to expand its smart lock options so property managers can choose what works best for their properties. The latest addition to the PointCentral smart lock family is the Yale Assure Lock for Andersen Patio and Entry Doors. Through PointCentral’s smart lock integration, the Yale Assure Series allows you to remotely add and remove unique access codes for users,…
Smart home technology may seem like a luxury right now. Still, it’s quickly becoming standard practice for those who are concerned with safety, lowering costs, and managing multiple properties with ease. A tech-savvy approach to rental differentiation, whether in a single-family home, a multi-unit residential property, or intelligent commercial buildings, can offer that “wow” factor to prospects. However, sooner than…
Innovation and automation are everywhere. PropTech is one of those areas where technology offers significant value to both property managers and tenants by facilitating communication, boosting security, increasing property utility efficiency, and reducing operating costs. Smart apartments and smart homes, however, are managed differently. Each property has different needs, and technology will be used in different ways. Take a look…
Smart locks are more than just a keyless entry point. They offer additional security and peace of mind many people aren’t necessarily aware of until they take a good hard look at home security. In fact, smart locks and keys are often considered after home security cameras and sensors, even though smart locks are less expensive and easier for homeowners…
Whether you’re juggling a handful of rental properties or thousands of multifamily apartments, COVID-19 has left you with vacancies — and we all know what vacant rental units can lead to rampant mold and mildew growth. To help you keep your vacant rental properties in perfect shape during the remainder of the pandemic — so they don’t become Petri dishes…
Technology has revolutionized nearly every sector of the economy. Property management is no different. As scattered as rental properties tend to be, and as property managers look for ways to be more efficient while still providing exceptional customer service, managers are turning to property automation. Lowering costs and optimizing returns while maintaining a personable customer experience is difficult until managers…
Establishing a meaningful connection with your short-term rental guests is the key to running a successful vacation rental property business. When you can leave your guests with a warm impression, they will come back to your property year-after-year and recommend you to others. For this reason, your staff members probably go out of their way to meet guests with a…
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