The promise of artificial intelligence (AI) in business applications is to improve operational efficiency by taking on repetitive tasks and providing human workers with a business context that drives more positive social interactions. When it …
Now that more apartment dwellers choose to pay rent online, renters need and want a direct connection between on-time housing payments and a boost in their rating with credit bureaus.
Surprisingly, just under 50% of renters are still unaware …
Generating and retaining high-quality leads is a top priority for many property management companies. With all the time and budget devoted to attracting residents, leasing teams should do anything to keep those leads inside their company’s por…
The multifamily industry continues to face economic headwinds. On top of major trends like declining rent growth, worker shortages and vacancies driven up by skyrocketing supply, expenses remain high.
With these trends keeping market performa…
What are Building Energy Performance Standards?
In January 2022, the Biden Administration launched the National Building Performance Standards Coalition, with a timeline of implementing these standards and policies by Earth Day 2024. These re…
The multifamily residential real estate market has shown signs of normalization coming out of the turbulence from the pandemic. Following a construction boom in 2021 and 2022, supply continued to outpace demand, resulting in subdued rent growt…
The Rise of chatbots
One of the most noticeable elements of the AI-enabled prospect journey is the integration of chatbots leveraging conversational AI, making interactions feel more human-like and less automated. Chatbots have come a long wa…
A 2023 National Apartment Association (NAA) article and infographic illustrate the tremendous financial challenge multifamily owners face. According to NAA, for every dollar of apartment rent collected, multifamily owners profit by a mere 7 ce…
The expectations for effective real estate asset management are changing for small and medium-sized businesses (SMBs) and midmarket firms with mixed-use portfolios as they compete for investor wins in a dynamic real estate market. Traditional …
The ability to identify and prioritize the most qualified multifamily prospects is key to maximizing occupancy rates and rental income while maintaining the efficiency of your onsite teams. So, whether those teams are responding to leads in th…