Invest in Parking Technology to Prepare for the Busy Rental Period
Unsurprisingly, during the winter months, the rental rates of multifamily residences around the nation are at their lowest. It is cold; school is in session; work is too busy; it is holiday time. All of this is to say that people want to avoid considering moving in or out during winter. As property managers know, this does not serve the property well in terms of overall cash flow. Luckily, Spring is around the corner, and there is a growing opportunity to attract new tenants and residents. So, before it is too late, invest in parking technology to prepare for the busy rental period and entice new tenants and residents to move into your property! Read four advantages of ParqEx’s parking technology that will undoubtedly give your property a cutting edge against competitors and attract suitable residents and tenants to help grow your community.
Enticing ParqEx Parking Technology Advantages to Attract Tenants & Residents
1) Improved Parking Efficiency
One of the most enticing benefits of ParqEx’s parking technology is the drastic improvement in parking efficiency at your property. ParqEx’s Parking Access Revenue Control Systems (PARCS) facilitate all parking operations on-site, make use of its top-of-the-line Access Control or License Plate Recognition systems to simplify entry & exit and handle all transactions via license plates, an app, or kiosks if preferred. Property managers can cut costs by eliminating parking personnel and saving their management team time via parking technology. With PARCS, property managers can increase property revenue, reduce congestion to and from the parking facility, and streamline their parking experience for all tenants, residents, and visitors. Without a doubt, a streamlined parking amenity is something prospective tenants and residents seek and expect.
Learn more about parking efficiency with PARCS and invest in parking technology to prepare for the busy rental period!
2) Heightened Property Security
Maintaining proper security at your property is of utmost importance and something that existing and prospective tenants expect. Another alluring benefit of parking technology is that ParqEx’s parking platform has a state-of-the-art enforcement system that manages, monitors, and enforces all parking operations on the property. The Enforcer App provides property managers absolute control over who can come and go from their property, grants them total real-time visibility of who is on their property at all times of the day, and offers ticketing options straight from within the app, allowing enforcement actions to be taken immediately. With features like mobile LPR, VIN scanning, and smart search, property managers can strengthen their management and heighten their property security. It almost seems like a no-brainer that the Enforcer app is a great avenue to invest in parking technology to prepare for the busy rental period.
Learn more about how the ParqEx Enforcer App seamlessly heightens security and inquire about our enforcement solution today.
3) Guest Parking Amenity
Guest and visitor parking is an amenity that not many property managers can wholeheartedly promise. It is hard to manage, hard to keep track of, and hard to enforce. With over ten years of experience handling guest parking, ParqEx’s GuestParq parking technology has seen it all. With GuestParq being used on the property, the visitor parking platform allows tenants and residents to reserve their guests a parking spot in advance. With host-paid guest parking, guest-paid parking, or authorized guest property access options built within GuestParq, tenants, and residents take complete control of their guest parking needs on the property. Let ParqEx take some stress off your plate and attract new tenants and residents to your property.
Learn more about seamless guest parking with ParqEx and attract the correct type of tenants for your property.
4) Accommodating Fluctuating Electric Vehicle (EV) Needs
If your property still needs to shift to accommodate electric vehicles, now is the time. Have you already made the shift yet need help to keep up with EV needs? You are not alone if you already have and need a hand to meet the evolving and fluctuating EV needs. When prospective tenants who own EVs search for their next place to call home, they expect properties and property managers to meet their EV needs and expectations. Of course, property managers want to meet these expectations. But with daily EV parking challenges like overnight charging, overstaying after full charge, improper use of charging stations, revenue limitations, payment errors, and software issues, property managers can sometimes feel daunted by the task of meeting these fluctuating EV needs. This is where ParqEx encourages property managers to invest in parking technology to prepare for the busy rental period and get ParqEx’s team and technology on-site.
Learn more about EV parking challenges that ParqEx can handle and how we can make your property stand out with all your accommodations for electric vehicles.
That’s a Wrap!
As property managers, you know how important it is to attract the right people to your property. You want the type of tenants and residents that pay on time, add to your community, take care of your property, and are respectful. Yes, you can offer amenities such as an in-unit washer and dryer, valet services, front desk staff, dog relief stations, car wash options in the parking facility, etc., but take advantage of parking amenities. Invest in parking technology to prepare for the busy rental period now! Book a demo with our ParqEx team.
