Readers of this blog will not be surprised to have learned that, just before the weekend, the DOJ dropped its criminal investigation into RealPage revenue management (RM). The 5 p.m. Friday media slot traditionally reserved for announcements of government policy failure saw one of the more bizarre twists in this tale go out with a richly deserved whimper.
The last major multifamily technology event of the year took place last week in San Diego. And with it, AppFolio FURURE appears to have established itself as a major fixture on the industry's event calendar.
A couple of things stood out: with double the attendance of last year's event, this show is now on par—for attendance and content—with the largest user conferences in our industry. More impressively, FUTURE presented the broadest and most cohesive vision I have seen of how AI may change property management.
NMHC OPTECH 2024 is in the books, and what an event it was. As we noted last week, this year's was another record-setting crowd. As always, the event seemed to fly by. There is much to unpack, so this article will share thoughts on the launch of RETTC (pronounced "ret-see"), key technology themes that stood out, and finally, some reflections on the future of this excellent event.
Fall is well and truly upon us, and once again, it's that time of year when those who follow multifamily operations and technology gather for the last industry-wide event in the multifamily calendar: NMHC OPTECH. This year's show (taking place next week at National Harbor, MD) represents a mix of continuity and change, as this post will explain.
There's nothing new about the saying "a picture is worth a thousand words," but lately, it feels more relevant to technology than ever before. It seems intuitive that the world of software is becoming more visual, but there's a lot more to it than that.
There seems to be a great deal of new content hitting the wires in multifamily right now. Conference season is in full swing, bringing a surge of new ideas and perspectives. There are several topics that are top if mind that will be appearing in these pages this fall. But I'm particularly excited about a series of new podcast interviews will be released over the next few weeks.
Every once in a while, you come across an idea that's much bigger than you initially realize. About a year ago, I published a paper on how unit-level search is redefining multifamily websites. It's a simple concept: Humans tend to search for things visually, and that increasingly applies to technology experiences: think Uber, travel or restaurant booking sites or apps, and so on. Multifamily assets are physical, so to meet the expectations of prospects and residents, maps need to be central to apartment search.
There has been a great deal of talk about multifamily revenue management over the last few days. Last Friday, the Department of Justice's (DoJ) long-anticipated "algorithmic pricing" lawsuit affecting multifamily revenue management dropped.
Since then, I have been involved in many discussions about this news, particularly the central problem I see with these lawsuits: the allegations are simply false. What has surprised me somewhat through conversations over the last few days is that good-faith actors in the industry do not understand the gap between the allegations and the reality of how the technology works.
It's been some time since I wrote about the ongoing drama facing multifamily revenue management. The last few months have seen a few developments, attracting what might generouslybe described as a mixed bag of industry commentary. It's getting harder to cut through the (ahem) noise.
Followers of my writings on multifamily property management have probably noticed that I am in my "multifamily maintenance should work more like single-family" era. The two may be showing signs of converging, as this article will attempt to explain.
Readers of this blog will not be surprised to have learned that, just before the weekend, the DOJ dropped its criminal investigation into RealPage revenue management (RM). The 5 p.m. Friday media slot traditionally reserved for announcements of government policy failure saw one of the more bizarre twists in this tale go out with a richly deserved whimper.
The last major multifamily technology event of the year took place last week in San Diego. And with it, AppFolio FURURE appears to have established itself as a major fixture on the industry's event calendar.
A couple of things stood out: with double the attendance of last year's event, this show is now on par—for attendance and content—with the largest user conferences in our industry. More impressively, FUTURE presented the broadest and most cohesive vision I have seen of how AI may change property management.
NMHC OPTECH 2024 is in the books, and what an event it was. As we noted last week, this year's was another record-setting crowd. As always, the event seemed to fly by. There is much to unpack, so this article will share thoughts on the launch of RETTC (pronounced "ret-see"), key technology themes that stood out, and finally, some reflections on the future of this excellent event.
Fall is well and truly upon us, and once again, it's that time of year when those who follow multifamily operations and technology gather for the last industry-wide event in the multifamily calendar: NMHC OPTECH. This year's show (taking place next week at National Harbor, MD) represents a mix of continuity and change, as this post will explain.
There's nothing new about the saying "a picture is worth a thousand words," but lately, it feels more relevant to technology than ever before. It seems intuitive that the world of software is becoming more visual, but there's a lot more to it than that.
There seems to be a great deal of new content hitting the wires in multifamily right now. Conference season is in full swing, bringing a surge of new ideas and perspectives. There are several topics that are top if mind that will be appearing in these pages this fall. But I'm particularly excited about a series of new podcast interviews will be released over the next few weeks.
Every once in a while, you come across an idea that's much bigger than you initially realize. About a year ago, I published a paper on how unit-level search is redefining multifamily websites. It's a simple concept: Humans tend to search for things visually, and that increasingly applies to technology experiences: think Uber, travel or restaurant booking sites or apps, and so on. Multifamily assets are physical, so to meet the expectations of prospects and residents, maps need to be central to apartment search.
There has been a great deal of talk about multifamily revenue management over the last few days. Last Friday, the Department of Justice's (DoJ) long-anticipated "algorithmic pricing" lawsuit affecting multifamily revenue management dropped.
Since then, I have been involved in many discussions about this news, particularly the central problem I see with these lawsuits: the allegations are simply false. What has surprised me somewhat through conversations over the last few days is that good-faith actors in the industry do not understand the gap between the allegations and the reality of how the technology works.
It's been some time since I wrote about the ongoing drama facing multifamily revenue management. The last few months have seen a few developments, attracting what might generouslybe described as a mixed bag of industry commentary. It's getting harder to cut through the (ahem) noise.
Followers of my writings on multifamily property management have probably noticed that I am in my "multifamily maintenance should work more like single-family" era. The two may be showing signs of converging, as this article will attempt to explain.