According to a recent survey by the UK PropTech Association (UKPA) and the British Property Federation (BPF), over 78% of real estate leaders are planning to adopt artificial intelligence (AI) within the next few years. But simply adopting AI isn't enough. The true value of AI lies in the quality and quantity of data it has access to. Without rich, comprehensive data, AI tools are limited in what they can achieve. This is where Residently's all-in-one, connected rental operating system comes into play.
Our platform is designed to gather and centralise data across every step of the resident lifecycle. Whether it's communications, maintenance logs, resident feedback, referencing details, property details, or lease renewals, we ensure all the data you need is accessible in one place, in real time. This unified approach streamlines operations and supercharges AI's ability to provide meaningful insights.
Artificial intelligence thrives on data. The more high-quality, structured data AI can access, the better it can perform tasks like predicting maintenance needs, optimising rental prices, and streamlining resident communications. Yet, for many property managers, data often sits in silos—spread across different point solutions, communication channels, and teams. This patchwork approach limits the potential of AI and leads to missed opportunities.
For example, suppose your maintenance data is stored in one system, your communications in another, and your property details in yet another. In that case, your AI won't have a complete picture to work with. This fragmented view makes it difficult to deliver accurate insights, reducing the overall efficiency of your operations.
Residently's platform consolidates every piece of data into one centralised system. This means property managers can eliminate the need for multiple, disconnected tools that cause delays, errors, and inefficiencies. Our unified approach ensures that all relevant information, from offers to renewals, is captured and accessible. And this comprehensive dataset is exactly what AI needs to deliver results that matter.
Imagine knowing, at a glance, who your residents are, when their leases are up for renewal, the last time they submitted maintenance requests and their feedback and sentiment. This is more than just data—it's intelligence that can transform how you manage properties.
When AI accesses comprehensive, unified data, it can make more informed, accurate decisions. For instance, Residently's platform enables AI to analyse rental trends, predict vacancy rates, and offer personalised renewal suggestions based on historical data. This allows you to make better, faster decisions like sending renewal offers or adjusting rental prices.
Additionally, having access to complete resident and PMS data, local market trends and insights, feedback surveys, and communications logs means AI can help reduce void periods by recommending informed pricing and personalised renewal offers.
In today's fast-paced rental market, real-time data is critical. Waiting for updates from different teams, departments, or tools slows down operations and leaves room for error. With Residently, all stakeholders—from property managers to leasing agents—have access to a single source of truth. This transparency ensures that decisions are based on the most current information available, improving both efficiency and accuracy.
Our platform doesn't just automate tasks; it enables you to harness the power of real-time data to enhance every aspect of your operations. And when this real-time data is paired with AI, the results are transformative—AI-generated insights become helpful and essential in navigating property management's complexities.
As we look towards the future, it's clear that the property management industry is becoming increasingly data-driven. The more connected your data, the smarter your AI becomes. Residently's unified platform ensures you have the data you need to unlock AI's full potential, delivering operational efficiencies, better resident experiences, and higher yields.
Don't let data silos limit your success. With Residently, you can centralise every data point across the resident lifecycle, giving your AI the insights it needs to help you stay ahead of the competition.