Leveraging Tech To Get an Edge & Be Nymble in MULTI-FAMLY

The apartment industry is currently facing potential difficulties, according to RealPage CEO Dana Jones. Jones, who recently took on the role and has met with numerous apartment operators, spoke at the RealWorld "The Pursuit of Excellence" users conference in Las Vegas about her observations and concerns. She acknowledged that the market is currently hot, but uncertainty surrounding inflation and economic conditions is causing worries. Jones cited past eviction moratoriums, discussions about rent control and resident screening, and difficulties in finding workers as contributing factors to the potential slowdown in growth. Jones also mentioned that budgeting for 2023 is becoming a challenge for companies, as they struggle with rising payroll expenses, insurance costs, and property taxes. These issues are leading to tighter margins and a greater focus on budgeting for next year. The apartment industry, including Landmark Capital, is turning to market-driven solutions, particularly through advancements and innovation in property management software. RealPage technology is leading the multifamily housing industry and providing support for onsite teams during a potential slowdown. By leveraging artificial intelligence (AI) and machine learning, Landmark Capital is automating mundane tasks, leading to rethinking of staffing models and a focus on centralized operations. This is allowing companies to improve their 100:1 staffing ratio to about 150:1, as well as add more experienced personnel. Furthermore, AI is providing predictive and prescriptive solutions, allowing companies to become proactive rather than reactive when running their business. Landmark Capital's lead management solution helps  increase revenue by focusing on leasing activities that produce the most value. It is specifically designed to help make the most of out time by organizing and prioritizing the sales funnel, keeping leads more manageable, and converting more leads to prospects.

We've also discussed the "Amazon-ization" of services, where residents can do many tasks through one platform, such as paying rent, communicating with the property manager, and entering maintenance work orders. Additionally, Landmark Capital's Nymble technology is helping us not just for business management sake, but also for economic and operational reasons. Nymbles sustainability solutions provide cost savings, energy efficiency, and improved resident satisfaction. Overall making things easier is never easy, but Landmark Capital is doing all it can to make that happen. By leveraging data and insights across the Landmark ecosystem, the company is able to optimize the prospect to resident journey while improving tenant satisfaction. With the advancements in technology, Landmark Capital is providing the multifamily housing industry with the support and solutions they need during a potential slowdown in growth. Budgeting for 2023 is becoming a challenge for companies, as they struggle with rising payroll expenses, insurance costs, and property taxes. These issues are leading to tighter margins and a greater focus on budgeting for next year. Landmark Capital is turning to market-driven solutions, particularly through advancements and innovation in property management software such as Nymble. Nymble technology is leading the multifamily housing industry and providing support for onsite teams during.

By leveraging artificial intelligence (AI) and machine learning, Nymble is automating mundane tasks, leading to secure decisions on who you rent to and assurance that you will be paid allowing the sponsor to focus on centralized operations.