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Property Managers : Check Out The Latest Tech Designed For You

Property managers often have to wear many hats. This can get stressful and time consuming, but with certain technology tools, you can operate efficiently with ease. In this blog post, see what's out there to help you work better.

Property Managers: Check Out the Latest Tech Designed Just For You

As multifamily and mixed-use properties continue to surge in popularity, savvy technology companies are taking notice. Check out the latest tech that is designed specifically for property managers, so that you and your property can further excel and thrive.

The fact that rental demand is surging by the millions has not been lost on the tech industry. The need for property management software and other related tech services has ignited a boom to the tune of $73 billion a year.

Managing property with the help of a spreadsheet is nothing new, but the industry is continuing to evolve and cater to specific needs and niches within the commercial real estate sector -- particularly the needs of property managers.

Ready to modernize your elevators? See our free guide on the process >>


According to Real Estate Tech News, some property management platforms are designed specifically to accommodate a commercial real estate niche, such as managing multifamily properties or the facilities of a multistory office building. The technology is meeting the needs of more accurately (and seamlessly) managing property costs and efficiency.

Here are some platforms that cater to property managers’ most pending issues (Note: These are not sponsored. Kings III does not do business with these companies and does not necessarily recommend them.):

Delinquent rent

Clicknotices –- a good way to reinforce good tenant/resident behavior is through disciplined filing procedures for delinquent rent. Clicknotices brings the age-old problem of late rent into the digital age, helping to minimize delinquencies, reduce legal costs and simplify workloads. The platform includes automated resident notifications, court filing, case management, analytics, customized reporting and an electronic interface to accounting systems.

Property inspection

HappyInspector -- this downloadable app standardizes property inspections across your entire operation with consistent data capture for property conditions, quality standards and staff performance. It allows you to inspect properties from anywhere, with 100% offline functionality (network connectivity not required). It also implements regulatory compliance assessments, and sets types, finishes, manufacturers and other data attributes for interiors, exteriors, amenities, common areas, grounds and more.

Maintenance Needs

SMS Assist -- good maintenance allows your property to retain its value while you retain your commercial tenants or multifamily residents. SMS Assistant manages your maintenance operation from work order creation to vendor payment. It indemnifies clients for any work issues and maintains a $50 million insurance policy. Its Chicago headquarters features a 24/7 operational center, giving customers a single point of contact for all service matters. Their project managers monitor the workflow and address issues up front. Ultimately, it helps you maximize your maintenance budget and track your maintenance spend in real time.

Managing a mixed portfolio

AppFolio -- this cloud-based software allows you to run the complicated business of a mixed portfolio from one solution. This eliminates multiple logins and gives access to all the data of your properties, from accounting to maintenance tracking. The platform includes a mobile app so that your team always has access to the same data and reports in real time. Text messaging and bulk emailing lets you communicate with renters and owners quickly. It also allows for online rental payments and online maintenance requests.

Property monitoring

BuildScience -- interfaces with a building’s existing hardware to collect data in real time and presents it on a mobile-friendly dashboard. By connecting these systems together, this turns the property into a smart building, using little or no added hardware. One comprehensive system will monitor lighting, HVAC, and security- all fully integrated. For the property manager, this reduces operational expenses, streamlines workflow management, supports LEED certification and Title 24 and improves sustainability accountability.

Another way your job can be made easier, thanks to the Internet: an online screening service. Click here to discover the ways it can save you time and money.

What advanced technology can Kings III offer you?

Kings III Online Remote Monitoring for Elevators is a performance monitoring and event notification service that provides an at-a-glance view of elevator status on your properties. Complete with a mobile app, ORM monitors for degrading performance and allows you to test cabs remotely. For some users, ORM has replaced a time-consuming manual process currently being carried out by someone on staff as is the case for several Kings III customers with multiple buildings on property and a large number of cabs to maintain. The system uses existing ADA line, cellular service ethernet or Wi-Fi and can be customized to send you notifications via phone, SMS text message and/or email.

In a survey of property management companies across the U.S. and Canada, 360 Visibility found that 38% of those surveyed plan to change their software within the next nine months, while 24% of them plan to change up within the next 3-4 months, illustrating just how integral technology is in property management. Property management platforms can help you streamline and improve your operations, allowing you to keep your property an overall more efficient, higher quality and safer place. For more information on how Kings III can improve the safety of your property, visit www.kingsiii.com.

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Dakota Thornton

Posted on October 26 2017

By Dakota Thornton, Business Development Coordinator Manager Kings III

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