The new generations of tenants are more demanding - and that's a great thing for you
People say that Covid changed everything. We think it just helped some inevitable changes come to life quicker.
In an era where convenience is not just desired but demanded, the real estate landscape has undergone a seismic shift. This transformation is driven not only by technology – but also by a new generation of tenants.
They are tech-savvy, cost and environmentally-conscious, with an established appetite for convenience and efficiency that knows no boundaries.
A new era of living and working
Modern tenants are not that difficult to picture: their lives are fast-paced, their time is precious, and their smartphones are the command center of their world.
They are not just a market segment – they are rapidly becoming the norm.
These “new” tenants don’t see technology as a perk. They see it as essential.
They question the status quo, asking why mundane tasks should take up their valuable time when technological solutions exist that can handle everything in a fraction of the time and with far less effort.
LIV: More than just a convenience
This is where our tenant experience solution comes into play. LIV isn’t just an app or a service; it represents a paradigm shift in how tenants interact with their living spaces and communities.
Today’s tenants want to live in spaces that mirror their digital-first approach to life. And with LIV, you can be the one to deliver the much-required digital convenience into their everyday lives.
Each time your tenants need and want to interact with their chosen property – they can do it through LIV, thanks to the app’s capabilities to integrate with multiple property management tools.
LIV makes life easier for residential, commercial, and student tenants alike by automating an array of services that were traditionally manual, time-consuming, and, frankly, outdated.
Whether it’s paying their rent, booking amenities like the gym or pool, requesting maintenance, managing parcel deliveries, or organizing visitor access, LIV brings these tasks into the 21st century.
LIV doesn’t just give property managers more time and clarity in everyday operations. It does the same to your tenants, enabling them to spend it on what matters most to them.
What are your competitors doing?
For developers, property owners, and property managers, the benefits of such a robust tech solution are clear.
Properties that offer a higher level of convenience and smart tech integration are more than just attractive – they become sought after.
In a competitive market, properties that offer superior tenant experiences drive higher demand, occupancy and retention rates, and ultimately, profits. Happy tenants are loyal tenants, and loyal tenants are the cornerstone of a thriving property development and management business.
And – it’s not just about convenience and time-saving. LIV also helps you foster community engagement among tenants with the help of the community forum and marketplace. This engagement leads to a vibrant living or working environment where tenants feel connected, not just to their space but to each other.
Transforming day-to-day operations
But what does this all mean for the day-to-day operations of property managers or owners?
Traditionally, improving the depth or width of services meant more legwork (not to mention all the extra paperwork).
With LIV, it means automating and streamlining most of the tedious and time-consuming property management tasks. It means significant cost savings.
Implementing LIV’s smart features simplifies a wide range of tasks, freeing up time and resources that can be better spent elsewhere. Additionally, satisfied and engaged tenants lead to lower turnover rates, reducing the costs and efforts associated with finding new renters.
Embracing the future of property management
The beauty of LIV lies in its simplicity and ease of implementation.
Designed with both tenants and real estate pros in mind, our app seamlessly integrates with your existing systems, ensuring a smooth transition to a more efficient and effective property management approach.
The question is no longer if technology should play a role in property management but how quickly we can embrace and offer these advancements to the tenants.
With LIV, your team finally has a blueprint for creating living and working environments that are not just places to be at – but places to enjoy being at.
