Technology has come a long way and has greatly impacted the property management industry. In this 4-part guide we will explore:
In the digital age, more and more aspects of our lives are moving online. And property management is no exception. Property managers are now able to connect with tenants and owners in more efficient ways using digital tools. However, making the transition to connected communities can be difficult. In this article, we will discuss the path to a connected community and explore its benefits and challenges.
There are many benefits to transitioning from a traditional to a digital community management model. For example, with a digital community management model, you can improve your business processes, increase workforce productivity and have the ability to communicate on-the-go. A digital community management model also enables you to be more efficient and reduce your carbon footprint.
The transition from a traditional to a digital community management model is necessary for property managers who want to keep up with technology. You must focus on getting more transparency and synergy with your residents and owners. And if you are not sure where to start? Here are some questions you can ask yourself:
Once you answer those questions, it would be easier for you to transition into this new world of property technology.
There are also challenges that property managers may face when transitioning to this type of model. One challenge is the cost associated with implementing and maintaining new technology. This challenge may be alleviated by partnering with property technology providers who can integrate efficient software into your property management company.
Another challenge is poor resident engagement. This can be mitigated by ensuring that your residents are involved in the design process and have access to the right tools and technologies. The more convenient and user-friendly technology, the more likely residents are to engage.
As a property manager, you must also be aware of cyber security threats and data governance. You need to ensure that the data you are collecting is protected, backed up and compliant with all necessary regulations. Training employees in cyber security is essential in any business and should be a top priority when transitioning to a digital community management model.
Overall, property managers should focus on the benefits of a digital community management model and be aware of the challenges that come with it. By doing so, property managers can provide an enhanced experience for their residents and owners.
Follow us for part two of this guide on Transitioning to Connected Communities to learn more about connected communities and save a roadmap for a successful transition to a smart community.
RealCube is an application that enables a seamless transition to a digital property management model. With RealCube, property managers can improve business processes, increase workforce productivity, and connect with residents in a convenient and engaging way.
In a world where screens are becoming windows to entire experiences, the idea of “space” is evolving…
Introduction In the real estate industry, handling tenant support has always required juggling.…
Introduction In the fast-paced digital world, creating a stellar resident experience is no longer…
The Challenge of Traditional Budgeting Methods Let's face it, many property management offices…
One of the most important choices facing real estate developers and property tech decision makers today…
Managing multiple properties across various locations is no small feat, especially for mid to large…
In today’s fast-paced property management world, facility managers and operations heads face the growing…
In 2025, new technology and shifting consumer expectations are driving a rapid evolution in property…
Talking to tenants shouldn’t be a struggle. But for many property managers and resident experience…
Introduction: A Smarter Way to Stay Ahead Modern property management is no longer about merely…