Property inspection software has come a long way, giving property managers more tools and efficiencies than ever before. It’s hard to believe that inspections were once done with just pen and paper. The rapid advancements in PropTech have transformed the industry, driven by the need for smarter solutions that boost efficiency, enhance transparency for tenants, property managers, and landlords. In this excerpt we’ll be going over the latest in property inspection software including features you should consider in your tech stack to increase efficiency, if you haven’t implemented them already.
Have you seen 360 Virtual Tours?
A recent addition to the property management world that changed the lives of property managers everywhere was the introduction of 360 degree Virtual Tours. These tours used 360 degree cameras to capture an entire room, cutting out the need to take a million photos to capture every detail. We came out with 360 degree Virtual Tours in 2022, and its impact has reached as far as the United States!
Additionally, these 360 Virtual Tours also serve a great purpose in marketing, because of their ability to provide a detailed walkthrough of what the property looks like, even without stepping a foot into it. It knocks down barriers of accessibility, and opens up a wider tenant pool for your landlord.
Virtual Tours in Tribunal
Our Virtual Tours also incorporate tools that help win tribunal cases! The side by side pairing feature pairs your exit with the original entry, with an included time stamp. This allows any tribunal member to see what the property looked like before and after tenancy, offering the ultimate transparency. You can read about how Victorian agency Square Investments used Inspection Express’s Virtual Tours in tribunal here!
The Rise of AI-powered Solutions
Another tool that lots of property managers are now using is AI! Like in other industries, AI has been a game changer in increasing efficiency, and property management is no different. We came out with our AI-powered solution, 360AI, in September of 2024, and have since generated a whopping 32,266 Condition reports!
Users need only to press a button to have all their comments and condition ratings filled with detailed comments reflective of what’s been captured in their 360 image. The comments take less than a minute to generate, saving property managers hours on hours of report writing.
Now what’s next?
The future of Virtual Tours and AI in real estate is promising with further developments in play.
As smart home technology integrates with AI-driven inspections, property managers will gain real-time insights into a property’s condition, optimising maintenance and tenant experiences. We see that future AI developments will play a crucial role in proactive property management, identifying potential issues before they escalate, reducing costs, and enhancing asset longevity!
Why now is the best time to adopt these innovations
With more demand and stress being put on property managers, it’s imperative that in this day and age we utilize external tools to keep up with the demand.
That’s why there’s never been a better time than now to adopt inspection software that helps you get your work done quicker with tools like Virtual Tours and 360AI. They will allow you to elevate your inspections with seamless automation, boost team efficiency, and deliver detailed, high-quality reports that your landlords will love.
To get more information you can chat to one of our friendly staff here!
