ParqEx recognizes the gap and has a technology solution to fill it. ParqEx Announces a Smart Home Giveaway to build awareness for their new Smart Parking Technology Solution offering.

Smart home solutions technologies are changing the way people live their everyday lives. Smart home technology uses devices connected to the Internet of things (IoT) to control and monitor their in-home systems. A smart home can be a condo, multi-family dwelling, apartment, or a single-family home. Regardless of the property type, there are many smart home products and services focused on connecting and controlling home devices but there is a missing link – Parking! ParqEx recognizes this gap and has a technology solution to fill it. ParqEx announced a Smart Home Giveaway to build awareness for their Smart Parking Technology Solution.

The Missing Link – Smart Parking

When most people think about smart home technology, they completely miss one key element – parking. Parking is one of the biggest frustrations for many people living in the city; for residents, guests, property managers, and owners.

Take a multi-family (condominium/apartment) property for example:

• The resident is frustrated because they don’t have guest parking for their visitors – friends, family, cleaning service, dog walker or a nanny.
• The property manager is frustrated having to deal with garage door openers and fobs. They are also looking for ways to reduce your operating cost while increasing revenue through tenant acquisition and retention.
• The owner is looking to increase their Revenue / NOP (Net Operating Profit) by monetizing their underutilized parking assets, reducing their operating costs, thereby increasing the value of their real-estate.

ParqEx is a technology company that provides such a technology solution for these problems.

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