From the health concerns introduced by COVID-19 to the security concerns inherent to modern living, 2020 changed multifamily housing for renters who are prioritizing their safety more than ever before. Security features are no longer seen as an added bonus in multifamily buildings — they’re now a necessity.
But how do you keep residents safe in multifamily housing? With technology. Property technology improves resident safety by creating safer ways to enter, manage, and live in a building. Read on to learn more about why residents prioritize building security and how you can use proptech to make your property safer.
This post covers:
- Why residents prioritize safety
- Three proptech solutions to improve safety in your multifamily building
Why residents prioritize safety
As much as we wish we could return to a pre-COVID state, the real estate industry is forever changed. Even once the pandemic is a distant memory, renters will still prioritize health, safety, and security. That’s why now is the time to adapt and invest in innovative solutions.
Proptech — technology that optimizes how people rent, buy, sell, and manage property — is undoubtedly reassuring to residents. It makes their homes safer while enhancing their living experiences. Technologies such as video cameras and keyless entry systems let residents see who is entering and leaving their property without any face-to-face interactions. Clearly, proptech solutions deliver the safety residents need and the convenience they crave.
As proptech evolves and expands, many forward-thinking real estate professionals have realized the benefits it offers. Not only do proptech solutions cost less than traditional security systems, but they also attract and retain residents better than other security-focused amenities. While the future of multifamily housing can be hard to predict, it’s clear that proptech amenities are here to stay.
Three proptech solutions to improve safety in your multifamily building
We know that technology improves resident safety, but how do you implement these improvements in your own building? With proptech products.
Here are three proptech solutions that can make your building safer:
- Building security systems
- Digital communication solutions
- Amenity space scheduling and monitoring platform
1. Building security systems
Renters want to know that anyone who enters their building has been authenticated and monitored. Security systems are vital in addressing residents’ concerns and quelling their fears.
Put their minds at ease by installing proptech products like:
- Doorbell cameras
- Ceiling-mounted surveillance cameras
- Video intercoms that provide an audit trail of everyone who uses the system
2. Digital communication solutions
Residents prefer digital methods of communication over calls, written notes, or in-person visits. Mobile apps powered by proptech can act as an information hub for your building community. Another solution is digital signage, which you can place in high-traffic areas to keep residents up-to-date on the latest building and safety information.
3. Amenity space scheduling and monitoring
During COVID, multifamily residences struggled to maintain social distancing in shared amenity spaces, such as gyms, pools, and conference rooms. Mobile apps that allow residents to reserve apartment amenities ahead of time can prevent shared amenities from becoming overcrowded and can alert residents when an amenity is available.