News, views and industry trends
What is body corporate management and why is it important?
In the dynamic strata industry, understanding body corporate management and its significance is crucial for real estate agencies offering these services. Body corporate management encompasses the comprehensive administration of strata properties, ens…
APAC’s Workspace transformation: exploring regional trends from MRI’s recent report
The dynamics of workspace utilisation have evolved dramatically over the past few years. To better understand the evolving state of the workplace, MRI Software recently partnered with CoreNet Global to gain insights from real estate occupiers. Since …
What is lease abstraction and why is it important?
In the commercial real estate industry, where contracts are complex documents, often exceeding 100 pages, lease abstraction provides much-needed efficiency and clarity. Understanding these documents day-to-day is a significant challenge, especially f…
Common maintenance requests and how to prevent them
Dealing with a maintenance request can be challenging for property managers, but with the right tools and strategies, it becomes more and more manageable. At MRI Software, we develop innovative technology solutions for real estate agencies so they ca…
4 common tenant complaints and what to do
Property managers often seek out effective strategies on how to deal with tenant complaints. And when it comes to real estate, addressing tenant grievances is an integral part of ensuring a smooth and successful property management operation. MRI Sof…
What is a sub agency in real estate and how can they benefit you?
In real estate, sub-agency refers to a situation where an agent working with a buyer or seller authorises a representative with some of their duties and responsibilities. The sub-agent works under another agent, called the primary agent, to help faci…
Takeaways from the panel on Proptech Best Practices in Commercial Real Estate
MRI Software’s commercial user groups participated in a day of conversation and collaboration at Pier One in Sydney last month, culminating in a panel of industry experts sharing their approaches to Proptech implementation, their unique strategies fo…
The role of data analytics in revenue assurance
For businesses with complex financial and billing structures, the role of data analytics in revenue assurance cannot be overstated. Leveraging big data, harnessing the capabilities of machine learning, and tapping into the power of artificial intelli…