The best AI tools for Property Managers in 2024

Article by Sinead Clarke Communications Manager 25 June 2024

It’s no secret that AI is the buzzword of the year, appearing in endless articles and social media videos in the tech and corporate spaces. It’s quite a polarising topic with some embracing the enhancements in efficiency and quality of work it brings, and others being sceptical of its shortcomings and fearful of what it means for job security.

With that being said, we’re firm believers that the more you can learn about new technology and use that knowledge to enhance your processes, the better! There’s no more opportune time to adopt AI as it’s predicted to bring in an additional $170 to $600 billion a year to Australia’s GPD by 2030. For example, AI can assist you with automating your people management workflow, elevate your marketing collateral and even streamline your mundane tasks.  So we’ve compiled a list of the best AI tools to help elevate your property management processes in 2024. Let’s get into it. 

1. Bills AI

It would be remiss of us not to begin this list with our very own AI feature, Bills AI. Through the sophistication of AI, you can now scan a diverse range of bills, including those without barcodes, such as plumbing, electrical, smoke alarms and even handwritten notes. Saving you time, our bill scanning feature allows you to create bills and invoices in bulk in a single click. You can even take its functionality a step further and utilise the pre-configured merge fields to minimise your manual data entry. Did we mention that Bills AI also connects seamlessly with our Paperless Entry Inspections feature to assist you in automating your tenant water invoicing? To learn how much money you can save with our Bills AI feature click here.’

2. ChatGPT

ChatGPT is the figurehead for AI with an estimated 200 million users worldwide. The most popular uses of ChatGPT are to create essays and cover letters, solve mathematical problems, seek copywriting inspiration and even code. The possibilities are endless. So how does this infinite wealth or information apply to your property management practices? Namely to assist you with your copywriting tasks, from creating rental listings to developing email templates to send to existing and prospective clients. ChatGPT can also assist you with tweaking existing templates, emails and listings to change the tone, improve the readability or simply make them more concise. If you’re still feeling sceptical about the reliability of the search engine we conducted our own study, putting ChatGPT to the test to create a rental listing completely from scratch, you can take a look at the results here. 

3. reHeroes

During our conversations with our community, we’ve noticed a recurring pain point— that one of the most time-consuming tasks Property Managers face is responding to constant communication and support queries. This is backed up by statistics, with the average employee spending 28% of their workweek responding to emails and calls. Imagine how much more efficient you could be if you reclaimed extra time in your week to spend on business growing and lead-generating tasks. Now you can with reHeroes, the PropertyMe integrator allows you to automate tenant queries, providing responses and resolutions 24/7. Their premier chatbot, Alex uses natural language and AI to resolve maintenance issues, match prospective tenants with property listings and foster nurturing conversations. Want more info on reHeroes? Check out our podcast.

4. BoxBrownie.com

Creating copy for listings can be one of the most challenging creative tasks in property management as you’re constantly on the hunt for the most clickable terms and adjectives. However, BoxBrownie.com are now taking the guesswork out of the process by harnessing the power of AI. So how does it work? The software will ask you to input the key selling points and features of the home, and within a matter of seconds, it will provide you with a compelling and captivating listing.

5. Mailchimp

Mailchimp is the premier email marketing website, so you may be familiar if you have a hand in your business’s marketing operations. The email provider has recently expanded into the AI space, with our team getting the inside scoop on their new feature. Currently in Beta, their AI tool is plentiful, allowing you to automate your marketing processes and increase your creativity. Making it simple, you can automate your campaigns, allowing MailChimp to automatically reconnect with your prospects when they interact with your emails, and even create a complete nurture journey. You can even let their software write your first draft, if you’re stuck on the copy of your emails their AI tool can give you a helping hand with anything from subject lines to email copy based on best practices in your industry.

6. Xembly

Talk about enhancing your productivity, Xembly does just that. Acting as your virtual Chief of Staff, the AI platform claims to boost your workforce capacity by 20% without any additional hiring. Offering three main AI products Xembly automates the mundane tasks that create clutter in your mind and distract you from the work that truly matters. Firstly, the platform allows you to schedule meetings and create an agenda in seconds, with its Slack integration. Secondly, you can focus on human connection in your meetings as Xembly records meeting notes and action items in real-time. Lastly, the platform optimises your calendar and deliverables to ensure that no tasks are missed or lost in communication. 

7. Canva

Canva is a household name to many, with the Australian-founded company making graphic design accessible to anyone no matter their background. Like many, the platform continues to innovate and upskill, now offering an online AI image generator. Free of charge, the AI tool allows you to bring your marketing vision to life with a text-to-image tool. Simply input your image or design idea as text and then Canva will provide you with a plethora of design options to choose from. Whether you want to elevate your marketing material or simply create an invitation for an in-office event, their AI tool has you covered. 

So there you have it, our top AI tools to help you elevate your property management practices in 2024. If you’re after more information on how you can use AI today, we recommend listening to The Elevate Podcast and The Proptech Podcast. Looking for more ways to level up your career in 2024, take a look at our blog here.