A new industry survey has uncovered an unexpected inefficiency in vacation rental technology: property managers are routinely paying for standalone software solutions despite having similar features included in their property management systems (PMS). “People are actually willing to pay extra for something that’s already included for free in their PMS because it’s not doing it ...
A veteran multifamily operator says shifting institutional strategies are creating new opportunities for specialized property managers, particularly in the workforce housing sector. Ron Kutas, Chief Executive Officer of OneWall Communities, says he noticed a significant shift in institutional real estate investment about three years ago. “A lot of the institutional capital started bringing in their ...
The real estate industry needs to fundamentally rethink its approach to artificial intelligence, according to Brown Harris Stevens Executive Director Jared Antin, who argues there’s a critical distinction between “smart” and “dumb” AI implementation that will determine which agents thrive in the coming years. The AI Divide “There’s dumb AI, which people use to just ...
The integration of artificial intelligence into legal documentation platforms presents both unprecedented opportunities and significant risks that must be carefully managed, according to one industry expert who is grappling with these challenges firsthand. “We are concerned about and looking at different ways to add AI into the business, without getting into possible legal advice or ...
The housing affordability crisis is no longer just a distant social issue, it’s becoming deeply personal for many Americans, according to Ian Cahoon, Director of Innovations at Ivory Innovations. This shift is driving new approaches to fostering housing innovation. The Personal Impact “People realize their kids are not gonna be able to afford a house,” ...
Housing innovation doesn’t need more industry veterans, it needs fresh perspectives from unexpected places, according to Ian Cahoon, Director of Innovations at Ivory Innovations. This counterintuitive approach is driving new solutions in an industry struggling with affordability challenges. Breaking Down Traditional Barriers “We don’t expect the students to be experts, and we almost don’t want ...
The real estate industry’s fragmented data landscape is creating significant risks for consumers and barriers for innovation, according to RealReports COO/Co-Founder Zach Gorman, who argues that the current state of real estate data infrastructure is holding back progress across the entire sector. “Data in the real estate space is in disrepair,” Gorman says. “It’s highly ...
A surprising gap in technology adoption among vacation rental managers could signal the next major shift in property management operations, according to new industry research. While property management software (PMS) and online travel agency (OTA) integrations see nearly universal adoption, only 26% of professional vacation rental managers use dedicated inventory acquisition systems. “Three quarters of ...
Real estate technology companies rushing to add AI chatbots to legacy systems are making a critical mistake that could cost them millions, according to one industry expert who argues that surface-level AI integration fails to address fundamental infrastructure problems. “The tech debt you accumulate becomes enormous, and you end up spending huge amounts of time ...
The traditional freemium model is failing in real estate technology, according to RealReports COO/Co-Founder Zach Gorman, who argues that building long-term value and trust is more important than quick conversions to paid subscriptions. “Agents are notorious for being really resistant to two things: changing their behavior and paying for anything,” Gorman says, highlighting the unique ...
The era of static deal documents constantly being revised and re-sent may finally be ending, according to one PropTech leader who argues that live, dynamic presentations are becoming essential for modern deal-making. “You’ll have PDFs labeled ‘deal version 77 final, final, I promise this is really the final,’” says Avi Solomon, CEO of presentation platform ...
Marketing leader explains why national approaches fail in real estate’s hyper-local digital landscape . The assumption that digital house-hunting behavior is consistent across markets has led many real estate developers astray, according to Alyssa Soto, Co-Founder of development marketing firm Powered by DMT, who points to dramatic differences between New York and Florida buying patterns. ...
HelloData executive reveals how simplified interfaces and public data are democratizing sophisticated property analysis tools previously reserved for industry giants. The technology gap between large and mid-sized property companies is closing, according to one industry expert, as new solutions make sophisticated analytics accessible to operators who traditionally lagged in tech adoption. “We’ve been growing in ...
The global data center industry is becoming a battlefield for digital sovereignty, with European nations pushing back against American cloud dominance, according to Knight Frank‘s Global Head of Data Centres Stephen Beard. The American Stronghold “Every single time it’s Microsoft, Amazon, Google, Oracle, it’s just a modern day Cold War that we’re seeing the weaponization ...
The rush to build AI data centers in remote locations may be misguided, according to Knight Frank’s Global Head of Data Centres Stephen Beard, who argues that next-generation AI will actually require more urban proximity than its predecessors. The Two-Phase Challenge “The first phase of AI, the machine learning, we as the consumers, don’t need ...
