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Monday 09:00 - 18:00 Tuesday 09:00 - 18:00 Wednesday 09:00 - 18:00 Thursday 09:00 - 18:00 Friday 09:00 - 18:00

Utilitium, Transportna Street, 14а, Chornomorsk (2026)

18/01/2022

It is obvious that the pandemic and the restrictions related to it have significantly affected people's behavior, and it has had a direct impact on real estate. People are spending more time at home, so their attitude to living space has fundamentally changed. As a result, we can already see which trends will be realized in 2022.

1. Artificial Intelligence significantly impacts the future of the real estate industry. AI not only manages the huge amounts of data generated in real-time but also offers value-based information on the basis of that data. It also helps to figure out customers' needs and recommend appropriate properties, hence enhancing their overall buying experience. Property agents also use chatbots and AI-powered assistants to stay in touch with their clients around the clock and respond accurately to their requests.

2. Internet of Things. We live in a digital age where usability and quick access to data is key priority. This is facilitated by various types of IoT products and sensors. For instance, voice and speech detection sensors in virtual assistant devices allow them to communicate with people and manage other smart gadgets at home or in the office. IoT devices like cameras and motion detectors also help control the physical surroundings of a building and defend it from undesired entry or activities. IoT devices are used in all kinds of systems in the building today, from water pressure monitoring to power usage tracking and more.

3. Building Management Systems (BMS). Most of the daily activities that people do in their homes and workplaces - from lighting and temperature control to efficient space management - can be automated. Sensors and smart build management systems are used to facilitate people's lives. A BMS manages multiple systems in a building, such as HVAC (heating, ventilation, and air conditioning) and energy management systems.

4. Property Management Software. There are multiple aspects of documentation and compliance that agents, owners, and tenants have to handle when it comes to real estate. CRM platforms for real estate agencies and brokers are helping to keep track of their customers and ongoing deals, as well as securing the related documents. One more real estate software that is becoming popular is tenant platforms. They provide a dedicated line of communication between owners and tenants. From rental reminders and payments to maintenance issues and public space bookings, these platforms provide full engagement.

Utilitium, for example, contains both of the features mentioned. Be sure to book a demo now to be on-trend.

Read more: https://www.startus-insights.com/innovators-guide/property-technology-trends-innovation/

28/12/2021

Extremely low-interest rates and the post-pandemic demand for spacious home offices have led to a surge in home prices. Average realty price growth in the U.S. is going to slow down next year but will continue to be ahead of consumer prices and wage growth.
Some attention experts of the international consulting company Knight Frank paid to the research of the prime residential market. They studied the global market and identified cities where prime housing prices are expected to grow most rapidly in 2022.

🔹 Florida's low tax rate, Miami's competitive prices, and the appeal of coastal living during the crisis boosted demand for housing. In the U.S., prosperity was raised by a surge in real estate prices and stock values. Knight Frank predicts that the price for real estate in Miami will rise 10% next year.
🔹 Sydney takes second place with a predicted 9% increase in luxury housing prices in 2022. The borders opening, the return of investors, and the growing hunger among local homebuyers for secondary housing are expected to drive up real estate prices.
🔹 Los Angeles holds third place. Record low inventory levels, strong demand for large family homes, and the continued affordability of low mortgage rates are expected to lead to the growth of about 8% in 2022.
🔹 Oakland and London (both at 7%) round out the top five markets in the 2022 forecast. For Auckland, 7% is a noticeable slowdown as the government takes steps to restrain speculative activity. For London, it will be the city's highest growth pace in eight years.

Overall, luxury real estate price growth will be moderate in 2022. Cost for prime real estate on average increased by 1% in 2020, 9% by the end of 2021, and in 2022 is expected to rise by 7%.

Despite rising prices, the demand for real estate remains. In such circumstances, modern solutions like Utilitium that provide a CRM system can ease the process of realty buying and selling.

Read more: https://lnkd.in/dhMTMppa

07/12/2021

Nowadays, real estate software is going through the same transformation that once touched the taxi service. If in the 2000's apps for car ordering seemed like something unusual, now we can hardly imagine city life without such a solution.

Proptech mobile apps are already a must-have, as they essentially open business opportunities and ease users' lives.

By mid-November 2021, venture capitalists and other investors had poured $ 9.5 billion into proptech, according to CB Insights. This is the highest in any year, surpassing the sector's previous record of $ 9 billion for all of 2019. This data reflects how commercial property owners increasingly rely on technology to attract customers or employees during a pandemic.

Proptech apps are a key part of the digitalization of the real estate and property management industry. For example, tenant mobile apps make it easier for property managers to solve many different processes and problems, such as:

✅ utility billing and payment;

✅ maintenance requests management and repairs scheduling;

✅ getting tenant feedback and reviews;

✅ notification tenants on the latest updates;

✅ rent collection.

Growing landlord demand for better data, new applications, and other real estate technology is fueling the proptech boom and attracting record investments to the sector during the pandemic.

Experts believe that in a few years, all players in the real estate market will switch to using mobile applications. The new era demands modern solutions like Utilitium. Don’t hesitate to book your demo now!

Read more: https://www.google.com.ua/amp/s/www.wsj.com/amp/articles/proptech-fundraising-soars-to-record-highs-in-2021-11637672400

18/11/2021

The past few years have significantly changed the world as COVID-19 has impacted every sphere of human life and each industry, including the real estate market. Under the influence of various factors, the market changes rapidly, so it is very important to keep track of existing and emerging trends.

Here are some US rental real estate market trend predictions for 2022:

✔ Turning to Proptech. With the spread of the pandemic, humanity is striving to minimize personal contact. Both tenants and landlords are rapidly adopting new tools that allow them to communicate with each other online. Modern apps like Utilitium allow you to exchange the latest news and updates in a few minutes. Furthermore, tenants can keep communicating with each other in a safe way, developing the residential community.

✔ Rent and utility online payments. Before the pandemic, some US tenants were already paying bills online, while others were sending paper cheques. Though COVID-19 encouraged both tenants and landlords to start using more convenient and secure payment options, so this trend remains with us in 2022. With modern service solutions like Utilitium, it is possible to send utility payments easily and reliably via the web or mobile app.

✔ Virtual tours are expected to reach new heights in 2022. With the onset of the pandemic, tenants had to look for rental facilities offering virtual tours, and Statista notes that about 31.5% of respondents admitted using them more often than usual in their property search.

Some experts believe that with the COVID-19 vaccines the world will be gradually returning to social life and live communication, but in any case, mentioned trends will remain on the market in 2022.

Read more:

https://www.forbes.com/sites/forbestechcouncil/2021/10/28/post-pandemic-residential-rental-market-trend-predictions/?sh=2f2fb22d4abe

09/11/2021

America's largest online real estate marketplace Zillow permanently stops property reselling. What is the reason for this unexpected decision?

The pandemic caused a rush in the housing market — people started buying and selling property faster, which led to the increasing popularity of Zillow services.

As property prices began to rise, the company changed its algorithm to offer higher prices to owners. This housing price increase experts call “the fastest” in US history.

However, according to recent Bloomberg data, Zillow has listed 7,000 homes for sale at less prices than previously purchased. The company admitted that it paid too much for the houses in the second half of 2021.

According to the report, the loss from property resale business would be worth more than $550 million: the company wrote off $304 million in the third quarter of 2021 and also expects a loss of $ 240-265 million in the fourth quarter.

As the company is moving out of the home-selling business, about 25% of the staff will be dismissed due to the dissolution of the reselling department.

“The unpredictability of housing price forecasts far exceeds our expectations. Further scaling of Zillow Offers will lead to too much volatility in revenues and balance sheet” — admitted co-founder and CEO of the Zillow’s Group Rich Barton.

If you not only resell but manage real estate, Utilitium will help you to avoid Zillow’s fate.

Read more:

https://lnkd.in/eq6kxVnZ

07/10/2021

Recently The New York Times reported that Google corporation will spend $2.1 billion to buy a huge office building in Manhattan. According to Real Capital Analytics data, this deal is the most pricey sale of an office building in the United States since the start of the pandemic and also one of the most expensive in US history.

The Manhattan office building is currently under construction and is going to open in mid-2023. It is expected that about 12,000 employees will work there. In the company, it will be the second headquarters and largest corporate representation outside California.

Even though Google was more active than many other major tech companies, giving employees the opportunity to work remotely, returning to the office will be a priority after the pandemiс is over. Earlier, Google cut salaries for its employees who decided to continue working remotely and moved away from the office where they previously worked to less expensive areas.

Demand for office property is rapidly raising and modern solutions like Utilitium help to manage vast buildings easily and more efficiently.

Read more:
https://lnkd.in/dcp94ekZ

07/09/2021

Recently, analysts from Knight Frank, an international consulting firm, published the survey results of real estate buyers and analyzed the impact that Covid-19 had on the attitude to real estate purchases worldwide. In total 900 people from 49 countries were interviewed. The study revealed several trends:

✔️19 % of respondents worldwide have moved to private houses since the beginning of the pandemic. 20% of those who didn’t move, are going to do this till the end of 2021. This trend experts associate with people’s desire to protect themselves from the continued spread of coronavirus.

✔️46% of respondents are more likely to buy an individual house or villa, but demand for apartments has also increased to 19% compared to 12% in 2020.

✔️Demand for ski resort properties increased from 11% in 2020 to 18% in 2021, and demand from North American and Asian buyers exceeded the global average

✔️84 % of the respondents stated that the energy efficiency of the future home is important to them. 28% would be more likely to buy an energy-efficient house if future environmental regulations had a direct impact on its cost, and about 27% are willing to pay more for a cleaner and more energy-efficient home.

Wealthy buyers in Europe and the US have noticed changes in the real estate market since 2020: reduced supply, rising prices, and growing demand for an overseas property after months of restrictions. Some buyers are prepared to be more cautious about closing deals and wait for the last quarter of the year when sellers will be more loyal to prices. It means that at the end of 2021, private property sales will increase rapidly.

In such conditions, service solutions for real estate are more relevant than ever: for example, the Utilitium can greatly simplify the sales process as it provides a CRM system and opens up many other opportunities.

Download the full report:

https://www.knightfrank.com/research/report-library/global-buyer-survey-2021-8382.aspx?utm_medium=social&utm_source=LinkedIn&utm_campaign=GlobalBuyerSurvey

19/08/2021

Regardless of the pandemic, the American housing market was rapidly growing for more than a year aided by low mortgage rates, at the same time supply shortages and rising demand caused the rapid rise in property prices.

However, the situation is currently changing as several recent reports indicate that the U.S. real estate market is gradually cooling down.

In July the National Association of Realtors published a report that revealed a 2 % decrease in pending sales of existing houses between May and June 2021.

The building of new houses has stalled out too. According to the U.S. Census Bureau report, sales of new houses per family fell by 6.6 % in June compared to May. Every year, the sales of new buildings fell by more than 19% compared to the previous years.

So why is the U.S. housing market slowing down after months of excessive activity? In many cities, home prices have risen twice over the past year, and it seems like Americans have had enough with the housing boom, so demand is crashing.

If these trends last, it will be easier for buyers to find and purchase a house at the end of this year and in 2022. They may not have to compete so tightly with other buyers.

Read more here: https://lnkd.in/ev84FmPE

05/08/2021

Pension funds, investment companies, and Wall Street banks are rapidly buying up homes in Europe and the US as prices rise. They are looking for alternatives to closed office parks and shopping malls, and are betting on a remote job mode after the coronavirus pandemic, which should keep demand for country houses high. In these conditions, it may not be easy to handle multiple transactions, so solutions like Utilitium will help to manage deals efficiently in one CRM system, and even increase their number.

At the same time, the rapid cost rise for property ownership means that an increasing number of young Americans and Brits prefer renting real estate to buying, as they build families and tend to greener and less expensive suburbs.

Analysts are convinced that this will improve standards in the rental sector and provide more choices in desirable areas. However, some tenants who rent from corporate landlords dispute this, claiming poor maintenance and excessive rent increases.

Regardless, the maintenance problems can be solved with modern solutions for property and utility management, so it will ease landlord’s and renter’s lives.

Read more: https://edition.cnn.com/2021/08/02/business/family-homes-wall-street/index.html

27/07/2021

System Capabilities Presentation

22/07/2021

When developing projects for new buildings, most companies focus on creating a community of future residents. This way developers are able to implement the features that a specific audience needs. This approach has many advantages:

✔️ It forms good-neighborly relations between residents, helps to avoid conflicts in advance, and makes the urban space around more comfortable

✔️ space getting safe and secure within the community, it is easier to share useful information and updates

✔️ It opens doors to a better social life. The quality of life inside a housing complex encourages a sense of bonding among neighbors and helps build new ties

✔️ In the case of a developed community, issues related to building improvements are easier to solve: the repair of the playground, parking, or other things become much easier and faster, as the information comes rapidly

A successful property management team will have software in place to receive, track, and resolve maintenance requests. Ideally, tenants would be able to submit requests online that would then filter to the software for handling. Regardless of the software solution, it is important that the property management company has a proven method of receiving and handling maintenance and repair requests in a timely and effective manner.

Using software like Utilitium will definitely help you to understand, manage, and interact with each member of your community.

08/07/2021

The global crisis caused by the pandemic has affected the commercial property market. But despite the fact that access to offices has been restricted for more than a year in most countries, companies still consider them an important part of development: 90% of renters around the world have confirmed that office space is a strategic tool for their business.
The recent CBRE report revealed the following post-pandemic trends, which will be relevant for several years:

☑️ Once employees return to the office, demand for this kind of property will increase. Remote mode is beginning to show a decline of productivity for business, which is gradually changing the attitude to office work. The staff becomes more confident about the safety of workplaces due to vaccination policy, so we will see a massive return to offices that encourages investment in this segment. American investors are less optimistic because most of them believe that remote work is a long-term trend.

☑️ Investors will be focused on ensuring the health and safety of tenants when they return to their offices after the pandemic. Building characteristics such as energy systems and air filtration quality are becoming increasingly important.

☑️ Flexible solutions and services are essential for attracting customers. According to recent Knight Frank’s data most renter’s demand is focused on such services:

- gym (47 %)
- parking/bicycle storage (46%);
- areas for rest (45%);
- package pickup points (45%).

In addition to comfortable office space, the adoption of mobile applications can significantly increase tenants' interest. It helps to facilitate utility management, provide access to additional services in two clicks, and save plenty of time at all.

The full CBRE research is here: https://lnkd.in/etwW7Gc

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Monday	09:00 - 18:00
Tuesday	09:00 - 18:00
Wednesday	09:00 - 18:00
Thursday	09:00 - 18:00
Friday	09:00 - 18:00