3 Property Management Trends and How Technology Can Help You
Property management can be everchanging. You're faced with new challenges and lessons that you have to keep up with, especially as a property manager. This keeps your renters and owners happy as well as keep them safe. But the good news is as property management changes, so does technology. Technology can constantly help make sure you're steady and ready for whatever comes next in property management. We've got some trends that could use a technology boost.
Automation Trends and WiFi
The work-from-home lifestyle is more popular than ever, and it could lead to being the new norm (if it hasn't made that title already). In property management, it's important to make your tenants happy. If they're working from home, strong wireless internet and other automation trends are very important to have on site. It's also cost-efficient.
Take a look and do your research on cloud services, internet-connected devices, and automated services that your tenants will approve of. This "trend" has turned into a transformation, and it's important to stick with it as it moves along. If you can't manage the whole building with the latest up-to-speed WiFi, having a strong signal in a location like a café or lobby can be helpful.
This one is for the property managers. Updating your software technology boasts so many benefits for running your business smoothly and efficiently. It can also be the solution to all of your managing needs.
Depending on what exactly you need help with, software technology can be your answer for things like simple accounting or time management if you have a schedule to work with. It's also great when working with tenants, as you can do virtual leasing and tenant screenings as well as handle payments online. Software technology can also help with property maintenance and repair services, and can help you discover and manage property management analytics.
Your tenants want to live in an up-to-date building, and that means some high-tech advancements. Yes, WiFi is one of those amenities, but there are many other options to make sure your building is the most efficient. 5G is also tied into that amenity, as it's high-speed and reliable.
Another digital amenity that's very popular is keyless entry. This could be a number lock or through an app on your phone, but this is an easy way to make sure no keys are lost on your watch and can help your tenants get in and out of their apartments smoothly. As a property manager, this is ideal for apartment complexes and multi-family buildings because it's cost-effective on the tenants, and on you if you can find a bundle.
Smart devices in areas around the building are also important for the protection of your tenants. For example, smart locks are another beneficial way to make sure your tenants are safe going into and coming out of their own homes. Like keyless entry, it eliminates the worry of someone breaking in. You can always ensure your door is locked whether you're around the door or not. Smart thermostats are also great additions. Smart thermostats allow residents to control their own climate remotely and make their own adjustments, as it's not controlled by someone else in the building.
Interested in Learning More?
Contact ATI today for a zero pressure consultation to discover what solutions may be best to help accomplish your technology needs. We look forward to speaking with you soon.
Owner and CEO, ATI
Proudly Protecting and Enhancing Southern California Properties Since 2008.
High Desert, Inland Empire, Coachella Valley, San Diego, Orange County, and Los Angeles area.