According to reports, U.S. drivers spend 17 hours a year on the process of finding a parking spot.
And it’s not just drivers who lose out when it comes to parking: property managers and real estate owners miss out on the serious potential on underutilized or poorly-managed parking lots. By harnessing streamlined technological solutions to parking headaches, 10 Awesome Benefits of ParqEx SMART Parking Technology offers to property managers, enforcement agencies, drivers, and guests:
1. Easy to manage
Whether you’re a developer or a Property Manager, ParqEx SMART Parking Technology makes the entire parking management process simpler and more streamlined. The ParqEx app allows you to easily control your parking spaces.
How many spots are available? How much does each cost? How long can each renter park in a spot? All of these can be controlled with this easy-to-use parking management software, freeing up your time for more pressing concerns.
2. Simple Revenue Stream
People will pay for parking. A recent article in Forbes broke down parking-related spending in major urban centers. In San Francisco, the average driver spends up to $2,800 in parking fees yearly, while in Los Angeles, the average driver spends $2,405.
Commuters consider parking fees part of their total vehicle costs. If you own real estate spaces that are underutilized due to improper parking management, ParqEx can help you take advantage of the money that consumers are willing to spend as part of their commute.
3. Paperless Passes
The ParqEx app allows you to keep things civil by easily messaging a renter who’s overstaying their original time limit. You can easily offer them a chance to renew their spot for more money with just a few clicks on the app.
In addition, the ParqEx suite allows for paperless passes for visitors. This way, you can eliminate the need for physical passes by having all of the ticketing information remain on the digital platform. Easily keep track of how long they have overstayed their time and who needs a reminder using ParqEx technology.
4. Environmentally Conscious
It goes beyond paperless passes. The vision of ParqEx SMART Parking Technology is to utilize all of the already-there pavement in crowded urban areas that aren’t getting any use. Why cut down more trees to make additional parking lots when many real estate owners already have readily available spots?
By offering a simple, easy-to-use parking management software, you can help decrease wasted space and make our resources work harder and more efficiently.
5. Technologically Secure
Renters, owners, and managers can rest assured that their information is secure on ParqEx’s cloud-hosted technology. ParqEx takes personal and credit card privacy very seriously and offers a secure, password-protected access to your account. And because it’s cloud-hosted, you don’t have to worry about reliability —it’s an “always on”   technology that will meet your needs.
6. Physically Protected
The Enforcement app is a dream come true for Property Managers and Enforcement Agencies alike. It allows you to monitor which vehicles are supposed to be in your lot at any given time —and which vehicles aren’t. This allows you an easy, real-time way to monitor your lot without all the hassle of printed tags or passes.
7. Convenient Access+ Entry
Take convenience to a whole new level with the Garage Door Opener, which is seamlessly included in the ParqEx app. This means that you don’t have to give out a secondary device to every guest that wants to access garage-only parking. And for renters, this offers a one-click way to easily access garages.
8. Compatible Across Devices
A report in IMPACT highlighted that 83% of mobile users think that it’s pivotal that their experience across devices is “seamless” as possible. ParqEx SMART Parking Technology recognizes the importance of compatibility to users, so offers a cross-platform experience. From iOS, Android, Windows, desktop, and more— this parking technology allows users a seamless experience.
9. Easy Access Management
Although you’re welcome to use them if you’d like, this parking solution doesn’t require you to purchase or use decals or QR code readers. This leads to a simpler and easier-to-manage solution that requires a simple technology to operate.
By installing ParqEx’s “little black box” into the pre-existing systems at your property, you can eliminate the need for a QR code reader or any other devices. With ParqEx’s technology, everything you need to monitor and control parking is in the palm of your hand.
10. Convenient & Collaborative
One of the best things about smart parking technology is that it allows for smoother and more collaborative engagement. For example, it allows guests to easily transfer spots to one another. It allows residents to use GuestParq to reserve spots for guests to eliminate confusion.
This parking software allows renters to reserve spots in advance that suit their needs. It makes it simple for renters to keep a personal profile updated, making for a streamlined parking experience every time. All in all, it can help create a simplified experience that allows all involved to make decisions on their parking needs.
The secure and convenient software behind ParqEx SMART Parking Technology allows for a more streamlined and smooth process for everyone involved in the parking transaction: property managers, renters, guests, and even enforcement agencies.
If you’re interested in scheduling a demo, reach out to us today.