Connected Management Blog

As we move forward into the future, property management companies are embracing innovative solutions to enhance efficiency, improve the resident experience, and optimize Chicago property management. 1. Embracing Automation and Artificial Intelligence One of the key aspects shaping the future of property management is the widespread adoption of automation and artificial intelligence (AI) technologies. Property managers can automate routine tasks, streamline processes, and gain valuable insights from data analysis by incorporating smart systems and AI-powered solutions. This enables them to allocate more time and resources to building strong relationships with residents, delivering personalized services, and enhancing overall operational efficiency. With automation...

Effective property management is essential for maintaining the value and functionality of multi-tenant buildings in Chicago. With the growing demand for housing and condominiums in the city, property managers must implement strategies that ensure tenant satisfaction, promote efficient operations, and maximize returns on investment. Tips for Multi-Tenant Buildings in Chicago We will explore the top property management tips specifically tailored for multi-tenant buildings in Chicago, focusing on areas such as Chicago property management, condo management, condominium management, and condo association management. 1. Prioritize Effective Communication Clear and consistent communication is the foundation of successful property management. Implement a streamlined system for...

Too often smaller condominium associations feel they can’t find proper property management in Chicago. That is not the case. Working with a specialist in smaller associations, such as Connected Management, can help you get where you need to be. We work with smaller Chicago condominium boards to help with all aspects of managing your community. We provide a wide range of property management services in Chicago. These include: Collection of Assessments - All association dues and special assessments will be collected from your owners on a monthly basis.Treatment of Delinquencies - When a unit owner becomes past due in the payment...

Like any other industry, property management is also experiencing great changes in a good way. The new emerging trends in the market are making property management more efficient and providing desired results to clients. Here are some emerging trends in Chicago condominium management. Artificial intelligence (AI) Artificial Intelligence (AI) has transformed Chicago property management, empowering machines to handle tasks that previously required human intelligence. AI enhances the customer experience by automating tedious processes and simplifying complex decision-making. It plays a crucial role in modern property management, enabling data-driven pricing, marketing strategies, and maintenance operations decisions. By leveraging AI tools, property managers...

Several factors can affect the real estate market. A Chicago condominium management expert can help you identify these factors and determine how they affect your real estate property. Wondering what are these factors? Here are some of the most important ones. Mortgage Interest Rates When it comes to mortgage rates, lenders have the freedom to set their rates. However, the Federal Reserve monitors current economic data and periodically adjusts interest rates. These adjustments can significantly impact the cost of homes and determine whether someone can afford to buy one. When interest rates drop, it means that mortgage costs also decrease. This,...