Property Meld and PlanOmatic Team Up to Address Property Vacancy Challenges and Boost Retention Rates

Property Meld Partners with PlanOmatic to Tackle Vacancy Issues

In a strategic move to improve property management across the nation, Property Meld, a leader in maintenance operation platforms, has announced its partnership with PlanOmatic, a distinguished listing media services provider. This alliance introduces a new phase in Property Meld’s Vendor Nexus program, which was created to connect property managers with third-party vendors for maintenance requests, now expanding its scope to include comprehensive listing services.

Addressing the Rental Market's Challenges

The partnership specifically targets a significant challenge within the single-family rental market: the need to minimize vacancy time and maximize tenant retention. As rental markets become more competitive, ensuring properties are moved from make-ready to market-ready as swiftly as possible becomes critical. By incorporating PlanOmatic’s state-of-the-art services, which include professional photography, 3D tours, and floor plans into the Vendor Nexus, property managers will have the tools to turn over units efficiently and effectively. With this service, properties can be listed and marketed almost instantaneously after turnover, resulting in reduced vacancies and maximized rental income.

Ray Hespen, CEO of Property Meld, emphasized the financial implications of vacancy: “Every day a unit remains vacant translates to lost income for property managers and their clients. It’s crucial that once a property is ready, it’s listed immediately to attract tenants. Our collaboration with PlanOmatic streamlines the previously fragmented process between maintenance and listings, greatly enhancing operational efficiency.”

The Operational Impact

Through the Vendor Nexus platform, Property Meld allows property managers to assign tasks to trusted vendors like PlanOmatic seamlessly. This integration not only simplifies the scheduling of services such as photography and virtual tours but also ensures that properties receive high-quality marketing immediately following their make-ready phase. PlanOmatic pledges to deliver exceptional photographs within 2.5 days of receiving an order, a commitment that reflects their understanding of the urgency that comes with vacant units.

Kori Covrigaru, CEO of PlanOmatic, expressed enthusiasm about the partnership, noting, “Being part of the Vendor Nexus initiative is an honor. We’re eager to assist property managers globally with our offerings that ensure faster leasing and elevate operational standards in the property management sector.”

A Mindset for Efficiency

This collaboration aligns perfectly with Property Meld’s ongoing mission to eradicate inefficiencies in property management workflows. By connecting maintenance requests directly with listing processes, the alliance promises not just to enhance business outcomes but also to enrich the experience for all stakeholders involved, which includes property managers, investors, and potential tenants.

By harnessing data analysis and improved operational strategies through the integration with PlanOmatic, Property Meld and its partners can ensure that property managers are equipped to make informed, rapid decisions that boost profitability. The positive impacts of such partnerships resonate beyond just financial metrics; they contribute to a more streamlined, technologically integrated environment that significantly benefits the entire property management industry.

For more information about the Vendor Nexus program and the benefits of the partnership between Property Meld and PlanOmatic, interested parties can visit www.propertymeld.com/vendor-nexus.

As the rental landscape continues to evolve, innovative partnerships like this represent the future of property management, demonstrating a commitment to operational excellence in serving clients and residents alike.