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rtificial intelligence is no longer a buzzword in real estate, but a tangible solution to streamline operations and reduce costs for property management teams and building owners. Initially met with skepticism, AI has proven itself capable of handling complex tasks that were once unimaginable. Today, it's being used to shape property operations strategies, offering insights and automating tasks that were previously manual.
Managing property operations is a multifaceted task, but AI has shown its ability to analyze large amounts of data, recognize patterns, and make predictions that drive smarter decision-making. Instead of simply responding to issues as they arise, AI allows property managers to anticipate problems before they occur, reducing disruptions and improving operational efficiency.
Visitt's AI-driven building operations platform is a prime example of this technology in action. Co-founder Itay Oren recognized the limitations of existing platforms and saw an opportunity to create a more effective solution. By unifying all aspects of property operations in one place, Visitt has helped customers automate processes that previously took eight hours manually down to just one hour.
One of AI's biggest advantages in property management is its ability to identify and address recurring maintenance issues. Traditionally, maintenance requests are handled reactively, but AI can analyze the history of requests and detect potential future failures. This predictive capability allows property managers to address maintenance needs before they escalate into costly emergencies.
AI is also helping property teams optimize workflows across entire portfolios by comparing performance data from different buildings. By analyzing this information in real-time, AI can provide actionable recommendations to property managers and owners. Additionally, AI can understand human sentiment, detecting frustration or dissatisfaction in tenant communications and flagging these interactions for follow-up.
To ensure adoption, AI-driven platforms must be designed to be intuitive and customizable. Users should be able to simply prompt the system for actions they want to perform, bypassing the need to learn complex software. The most effective AI solutions actively push insights and flag potential problems, rather than waiting for users to search for information.
While some property managers may still want a level of human oversight, AI can enhance the capabilities of property teams by handling tedious administrative tasks. By automating complex workflows, next-generation platforms like Visitt are helping property management teams do more with less, making buildings more profitable and appealing to tenants.
