Property management technology trends
Contents |
[edit] Introduction
With the development of technology, every industry undergoes some kind of change. Property management is no exception and the industry keeps evolving. This article discusses some of the emerging trends in property management.
[edit] Virtual reality
VR isn’t all about gaming, there’s no doubt it will be used in many industries, including property management. Gone are the days when you had to rely on 2D plans when buying a property. 3D plans are an improvement, but virtual reality is changing the game even more.
Using VR, you can now take a virtual tour of an unfinished building and get a clear picture of how it will look once the project has been completed. VR is a perfect way to attract new tenants or purchasers.
[edit] Improved communication
Communication is an important part of running a property management business. Fail to establish good communication with your clients or customers and your company will suffer.
As technology advances, there are new ways to stay in touch. One of the latest trends in the industry is the use of customisable client portals that allow you to communicate with customers and send them automated notifications. Notifications eliminate the need for direct communication, and property managers are now starting to rely more on AIs to answer general enquiries.
[edit] Cloud services
Just like with many other industries, companies in the property management industry use data in order to be able to offer the best service, and the way they store their data is undergoing a lot of change. Storing data in your company’s PCs is not the most effective solutions. Cloud technology allows you to store data on the web and allow anyone in your team to access any file no matter where they are and what time it is. Using cloud technology means you can rest assured knowing that your data is perfectly safe even if something happens to your office PCs. And cloud-based property management software can save time on mundane tasks and make your work easier.
[edit] Digital security
The fact that hackers now target small businesses more than ever, make cybersecurity increasingly important. More and more property management companies are investing in cybersecurity. If you’re a property manager, you know just how important it is to protect your tenants’ or clients’ personal information. As a result, the number of cybersecurity businesses is increasing.
[edit] New types of keys
Every property manager knows how difficult managing keys is, especially when there are a lot of them. A large number of tenants end up losing their keys and replacing them takes both time and energy. The property management industry is slowly moving towards pin-coded entries and locks you can control using an app. These are making it easier for property managers to ensure their tenants are as safe as possible.
[edit] Related articles on Designing Buildings Wiki
- Asset information model.
- BIM and facilities management.
- Building information modelling.
- Computer aided facilities management.
- Human resource management in construction.
- Maintenance.
- Maintenance contracts - a guide to best practice for procurement.
- Reliability centred maintenance.
- Service level agreement.
- Service level specification.
- Smart buildings.
- Site administrator.
Featured articles and news
IHBC’s response to Parliamentary Committee
On Levelling-Up and Regeneration Bill.
Finalists for 2022 CIOB Awards revealed
Over 70 managers and organisations shortlisted for the 14 awards.
Types of building sensors on BD
From biometric to electrical current, chemical and more.
Government mandates detectors in rented homes
Changes are due to come into force on 1st October 2022.
80% of major government projects are rated red or amber
Heed advice and insight of this report IPA tells the government.
The end of the games but continued calls for action
From the Commonwealth Association of Architects.
CIOB respond to the government call for evidence
For the Levelling Up, Housing & Communities Committee.
How are buildings and their occupants responding to extreme heat?
BSRIA's Technical Director reflects on recent weather patterns.
Landownership in England in 1909
A national valuation to fund old-age pensions.
The world’s largest Commonwealth memorial to the missing.
Long after the end of the defects liability period.
BSRIA Occupant Wellbeing survey BOW
Occupant satisfaction and wellbeing in buildings.
Geometric form and buildings in brief
From the simple to the complex.
Understanding the changing nature of insulation
And the UK Government guidelines.
Three year action plan to improve equity, diversity and inclusion
Commitment agreed to by major built environment bodies.
The Construction Route – what needs to change?
Electrical skills, low carbon, high-tech and the building services revolution.
Deep geothermal power possibilities
Ultra-deep drilling with millimeter-wave beam technology.
BSRIA Briefing 2022- From the outside looking in
Looking at the built environment from space.
Competence requirements for principal contractors and designers
BSI standards 8671, 8672 and 8673.
Bringing life to burial grounds.
From failed modernism to twenty-minute neighbourhoods.
Design chill and design freeze
The gates process and change control.