Property management software news, views and industry trends
What does a leasing agent do? Duties, skills, and day-to-day responsibilities
The U.S. rental market has stayed surprisingly competitive even as vacancy rates have climbed back toward historical norms. According to the U.S. Census Bureau’s Housing Vacancy Survey, the national rental vacancy rate stood at approximately 6.…
Can you change property managers mid-lease? – How to change property management
Changing property managers can feel like a daunting process, especially if you are mid-way through an active lease. Property owners may worry about disrupting tenants, breaching contracts or creating financial complications. And the switch could leav…
4 cash management challenges in real estate companies (and how to fix them)
When speaking of the early, rapid growth phase of Dell Computers, Michael Dell famously remarked, “We were always focused on our profit and loss statement. But cash flow was not a regularly discussed topic. It was as if we were driving along, w…
How predictive maintenance shapes the future of facilities management practices
Predictive maintenance is revolutionizing facilities management by enabling real estate professionals to anticipate equipment needs and prevent breakdowns before they occur. This proactive approach goes beyond traditional methods, delivering key bene…
AI for Property Management – Overview, Uses Cases, Best Software
Artificial intelligence has moved from an experimental add-on to a baseline expectation in property management. 93% of multifamily organizations now use AI tools in some capacity, and leasing automation and predictive maintenance have emerged as the …
What is lease management? – Process for lease administration explained
Lease management manages all aspects of a lease agreement, from creation to the ongoing tenant-landlord relationship. Effective lease management is vital for property managers and landlords to reduce risk, maximize revenue, and comply with regulatory…
How to use CAFM software effectively
CAFM software (Computer-Aided Facilities Management) is one of the most versatile tools available to modern facilities teams. From tracking assets and managing maintenance schedules to optimizing space and improving compliance, CAFM systems can strea…
CAFM vs IWMS: Differences, use cases, & best fit
When researching the right facilities technology for your organization, two terms you’ll hear frequently are CAFM (Computer‑Aided Facilities Management) and IWMS (Integrated Workplace Management System). Both CAFM / IWMS software support FM teams, bu…