Oddo Development Company’s Post

Zonda, led by CEO Jeffrey Meyers, is revolutionizing the homebuying process with its acquisition of BDX - Builders Digital Experience, LLC. This strategic move integrates Zonda's data prowess with BDX's leading new home listings platform, promising an enhanced, end-to-end digital shopping experience for home buyers. Co-founded in 2000, BDX's NewHomeSource and Envision platform bring a wealth of resources, benefiting both home buyers and builders. This historic collaboration aims to provide timely listings, 3D/2D floor plans, and customizable designs. Zonda's vision, backed by deep data and technical expertise, is set to reshape the new home industry, driving growth and awareness #PropTechBuzz #Zonda #BuildersDigitalExperience #NewHomeSource #Envision #Homebuying #RealEstate #HomeBuilders #DataDriven #DigitalExperience #Innovation #Acquisition #HomeShopping #TechIntegration #DigitalTransformation Read more-https://lnkd.in/gCDG7RH2 -------- If you are a proptech company and want to promote your products, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.

🚀 Latest blog post: "Top 15 Companies Leading the Charge in Multifamily Centralization" 🏘️. These trailblazers are redefining efficiency and service in the multifamily industry, setting new standards for innovation and customer satisfaction. Dive into the insights and see who's making waves 🌊 in 2023! #MultifamilyInnovation #RealEstateTech #PropertyManagement #LeadingChange #InnovationInHousing 🔗 https://t.ly/yXqb6 Let's celebrate those at the forefront of transforming the multifamily sector! 🎉

Our latest blog post is here to spill the beans on how proptech can revolutionize your operations! Whether you're a seasoned landlord or just dipping your toes into the property game, this one's for you! From smart property management platforms to AI-powered analytics, we've got all the proptech highlights you need to know about. Discover how these cutting-edge tools can simplify and automate tasks like tenant screening, rent collection, maintenance, and so much more! Our team of multifamily industry veterans and analysts have done the research so you don't have to. We bring you accurate insights and actionable tips to help you level up your rental game. https://lnkd.in/gy5Udn9W . . . #PropTechIQ #PropTechRevolution #AIinProptech #RealEstateTech #FutureOfProperty #InnovationInProptech #PropertyManagement #ProptechIQ #BlogPost #TechTrends #StayAheadOfTheCurve #DataDrivenInsights #TechRevolution #PropertyTech #LandlordsOfInstagram #ProptechSolutions #RealEstateTech

Struggling with resident retention? Discover how using branding and data can revolutionize your approach. By using data-driven insights to understand resident needs and creating a strong community identity through effective branding, multifamily developers can significantly increase resident satisfaction and minimize turnover. An article from Multifamily Executive highlights the transformative power of branding and data in shaping the resident experience. Key takeaways include: ⬇ 🔹 Data-driven decisions: Using data helps understand resident needs and tailor services accordingly. 🔹 Branding Excellence: Creating a strong community identity through effective branding increases resident satisfaction. 🔹 Increased Retention: Combining data insights with branding strategies minimizes turnover. 🔹 Competitive Edge: These approaches help companies stand out in a crowded marketplace. 🔹 Personalized Incentives: Data makes it possible to offer specific incentives that enhance the resident experience. These strategies are critical for any multifamily developer looking to improve resident satisfaction and retention. By leveraging data and branding, you can create a more personalized and compelling living experience to ensure your properties remain competitive and desirable. Read the full article: https://lnkd.in/gfUKKAS5 #RealEstateDevelopment #Multifamily #Branding #PropertyManagement

The way we manage properties is evolving. According to a 2023 NMHC report, 76% of renters prioritize convenience as a key factor in choosing where to live. It’s not just about maintaining the property anymore; residents expect services that simplify their lives, like on-demand cleaning, food/grocery delivery, and handyman services. Property managers can not only meet these expectations but also tap into new revenue streams. The rise of PropTech is reshaping operations. A 2023 Zillow Rental Market report shows that 58% of renters expect digital tools for managing services like maintenance and package handling. By using these platforms, property managers can streamline tasks, improve communication, and boost efficiency by over 40%, this automation allows managers to focus more on enhancing tenant experiences, creating a seamless living environment that reduces churn and fosters long-term tenant loyalty. #RealEstateInnovation #PropertyManagement #UrbanLiving #RevenueGrowth #OnDemandServices #TenantSatisfaction #PropertyManagers

When it comes to rent reviews, being informed is key. Suburbtrends is a free tool that allows property managers, landlords, and renters to quickly access rental data for their suburb in seconds—no log-on required. At rent review time, cross-referencing Suburbtrends can provide valuable insights into the rental medians for houses and units by bedroom count, along with the percentage change over the past 12 months. Our data is based on the ABS standard for a Statistical Area 2 (SA2), reducing the impact of suburb-level volatility and offering a more stable reference point. For a broader perspective, zoom out to the Statistical Area 3 (SA3) level, where you can assess overall market trends, including rental price movements and vacancy rates. This will help you align your rent reviews with current market conditions more effectively. In just a few seconds, Suburbtrends offers the information you need. For property managers, this means more time to focus on the critical aspects of your role. Landlords can keep a close watch on their investments as frequently as they like. And renters can gain a clear understanding of the rental landscape in their suburb and surrounding areas before their next rent review. Take advantage of Suburbtrends today—your go-to resource for informed rental decisions. #PropertyManagement #RealEstate #RentReview #RentalData #Landlords #Renters #Suburbtrends #MarketTrends #RentalInsights #PropertyInvesting #TenantAdvice #RealEstateTools #PropertyMarket #RentalMarket #HousingAffordability

✨ Next up in our show some love series: Residently ✨ Founded by Tom Allason, known for founding eCourier (acquired Royal Mail), Shutl (acquired eBay) and led by Edward Tinsley, Residently is a next-gen rental operating system for residential property: Building: Residently is connecting leasing and resident management with a SaaS product and mobile app to deliver the modern experience renters expect. It does this by automating all of your repetitive tasks by bringing together marketing, offers, referencing, contracts, communications, payments, maintenance, services, and renewals into one place. 🤝 Why: The £2tn global long term home rental market is the largest and least served segment of consumer spending, with no brand leaders; yet. That’s where Residently comes in, a connected leasing and resident management system finally bringing renting into the modern age by digitising the end-to-end customer experience for institutional landlords and renters. 🏘️ Customers: 12,000+ single-family homes are already powered by Residently, with clients such as: Bricklane, Citra, Dorrington, Essential Living, Places for People and Touchstone. 👩💻 If you know somebody in your network who’d be interested in learning more about why Residently’s operating system saves £1,000 per let, reduces 20% of admin time and leads to a 94% download rate for its app, comment below, or contact Ed directly. 👇

For years, the real estate market has been booming. Despite rising interest rates, many homes are holding their value, and some markets continue to thrive. Television is brimming with shows about home improvement, flipping, and real estate brokers—there are even entire channels dedicated to it! The industry is fascinating, especially as big brands and technology, including AI, are transforming it. Historically, residential real estate lacked strong, recognizable brands. Today, brands from hotel, luxury-car, and fashion industries are entering the market, bringing quality and confidence to buyers and renters. This shift is driven by exceptional customer experience (CX) and advanced digital infrastructure.  AI is revolutionizing real estate, automating over 70% of resident interactions and enhancing customer service. Brands are also fostering a sense of community, essential in our work-from-home world. Exciting developments are ahead, with more branded properties linked to retail, wellness, or fitness brands. These strong brands will create marketing flywheels, attracting and retaining like-minded residents. As someone who recently put a home on the market, I was intrigued by this article from McKinsey & Company on the power of branding and CX in residential real estate. Oh and thanks to our favorite realtor Harrison Beacher who sold our house on the Hill and found us a home in Great Falls. #RealEstate #Technology #AI #CustomerExperience #Community #Innovation

I love this industry shift so much! The property I’m renting an apartment at has had 4 owners and 5 management companies in my 4 years of living here. My last place was slightly more stable with 4 owners and 3 management companies in a 5 year period 😂 I’m literally in the industry and can only name 4 of the 8 management companies in my past 9 years of renting (2 good, 2 bad, 4 forgettable). I interact with the management companies minimally - at renewal, when I need maintenance, and if there’s a problem. But I judge them by: - how the property is maintained - how projects or amenity issues are communicated - if they do preventive maintenance (side note… some still don’t?!) - if I get my renewal rates before I have to give notice - if or how much I’m being increased above available units at renewal - if I get a response to the few questions I do ask and how they communicate Residents matter. Communication matters. Maintenance matters. Engagement matters. Service matters. Brand matters.

The multifamily sector is experiencing a shift, which I'm excited about. I'm seeing many newly created executive-level positions dedicated solely to customer experience (CX) and resident support. This is a fantastic development, and it speaks volumes about the changing priorities within the industry. Traditionally, multifamily has focused heavily on acquisition and lead generation. But with marketing softening, there's a growing recognition that retaining residents is just as crucial, if not more so, for long-term success. Here's why: Resident satisfaction breeds loyalty: Happy residents are more likely to renew their leases and recommend your properties to others. This translates to lower vacancy rates and a more stable income stream. Positive word-of-mouth is powerful: In today's digital age, online reviews and recommendations hold immense sway. By prioritizing resident experience, you cultivate positive sentiment that attracts new residents organically. A strong CX strategy fosters trust: When residents feel valued and heard, they're more likely to trust your property management and communicate openly about any issues. This fosters a collaborative environment and helps you address problems proactively. Investing in resident engagement isn't just about amenities or social events (though those can certainly play a role). It's about creating a culture of care, responsiveness, and clear communication. It's about empowering residents and making them feel like valued members of a community. What are your thoughts on the growing importance of CX in multifamily and the new expansion of this role at the executive level? And how are you seeing properties approach resident engagement in this evolving market? I'd love to hear from fellow industry professionals in the comments below! #multifamily #propertymanagement #residentengagement