The multifamily landscape is undergoing a seismic shift, driven by the transformative power of artificial intelligence. It's no longer a question of if AI will impact your leasing process, but how deeply. AI-powered leasing solutions are not just a futuristic concept; they're a present-day necessity, offering unprecedented efficiency that improves NOI and personalization that creates better relationships with prospects and residents that traditional methods simply can't match.
Feedback we’ve seen in the ResidentPortal app is providing unique insight into some of your residents’ biggest pet peeves. The bad news: if you’re not meeting expectations you may soon be dealing with an unnecessary vacancy. The good news: often a simple settings adjustment can resolve the issue and keep residents happily in place.
There is no disputing that onsite teams are busy. They juggle prospect outreach, real-time resident requests and community events throughout the day—just to name a few of their duties.
The Pros and cons of implementing AI solutions like ChatGPT into your property management operations AI is such a hot topic right now across all industries. There’s a lot of curiosity and dread around the possibility of AI stealing human jobs. The application that is currently getting the most attention is ChatGPT, which is an AI chatbot that combines chat with a generative pre-trained transformer. But ChatGPT isn’t the only solution like this on the market. Competing programs like Bard from Google and LLaMA by Meta offer much of the same functionality.
Centralization has been a hot topic in the multifamily industry for a few years now. Despite all that talk, a consensus centralized model has not emerged. Fortunately, Entrata is built in such a way that it can accommodate however you decide to centralize your operations (if at all). Below is a review of some of the top centralization models and how to implement them into your business.
Let’s face it. It’s a matter of when and not if chatbots become part of the everyday backdrop in the apartment world. But if the early advent of chatbots has taught us anything, it’s that the tech has to be consistent for it to be effective.
Property managers unanimously agree that online rent payments are the way to go. The time saved processing payments can save a manager an average of $5 per online payment. So now that you’ve made it available for residents to pay their rent online, how do you get them to actually do it? Here are a few ideas:
Save time and manage your properties with flexibility. Join thousands of other operators.
