Currently, it’s very easy to go online and create fake pay stubs or new identities that will help individuals get approved that may not meet all of your requirements based on their actual credit history and income. In the past it has been time consuming and/or costly to run background and income checks on applicants. So the question arises how in-depth your screening process needs to be?
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Centralization has been a hot topic in the multifamily industry for a few years now. Despite all that talk, a consensus centralized model has not emerged. Fortunately, Entrata is built in such a way that it can accommodate however you decide to centralize your operations (if at all). Below is a review of some of the top centralization models and how to implement them into your business.
The Pros and cons of implementing AI solutions like ChatGPT into your property management operations AI is such a hot topic right now across all industries. There’s a lot of curiosity and dread around the possibility of AI stealing human jobs. The application that is currently getting the most attention is ChatGPT, which is an AI chatbot that combines chat with a generative pre-trained transformer. But ChatGPT isn’t the only solution like this on the market. Competing programs like Bard from Google and LLaMA by Meta offer much of the same functionality.
There is no disputing that onsite teams are busy. They juggle prospect outreach, real-time resident requests and community events throughout the day—just to name a few of their duties.
Feedback we’ve seen in the ResidentPortal app is providing unique insight into some of your residents’ biggest pet peeves. The bad news: if you’re not meeting expectations you may soon be dealing with an unnecessary vacancy. The good news: often a simple settings adjustment can resolve the issue and keep residents happily in place.
One of the first things to consider when evaluating a new accounts payable solution is whether your current software has the ability to automate the key processes, reduce fraud, and is easy to learn and implement.
Today, I’m excited to share that Entrata has acquired Colleen AI, a leader in multifamily artificial intelligence, further bolstering the AI capability across the Entrata OS while providing industry-leading AI for every operator, regardless of their choice of PMS.
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