Business
AppFolio Expands AI Market Leadership with New Realm-X Capabilities, Transforming Operational Performance for Property Managers
Additional platform innovations include student and affordable housing enhancements, alongside expansion of AppFolio’s Stack™ marketplace and re-imagined
About this update from Appfolio, Inc.
[{"type":"text","content":"Additional platform innovations include student and affordable housing enhancements, alongside expansion of AppFolio’s Stack™ marketplace and re-imagined resident experience\nSANTA BARBARA, Calif., June 18, 2024 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ: APPF), the technology leader powering the future of the real estate industry, today announced a series of innovations to advance its product vision of creating a world where choosing, investing in, owning, living in, and managing communities feels magical and effortless. The company announced new capabilities in AppFolio Realm-X, its embedded generative AI that provides intelligent, real-time assistance by combining the latest foundation models with industry-specific context. Additional innovations include enhancements to AppFolio’s student housing and affordable housing solutions and new AppFolio Stack™ marketplace partners. Game-Changing Productivity Through AI Starting today, every AppFolio user can access Realm-X Assistant and Realm-X Messages. The first of their kind in the industry, these solutions give property managers and their teams a new way to experience AppFolio while achieving significant productivity gains, all within AppFolio’s one powerful platform. Realm-X Assistant is a co-pilot experience, accessible everywhere in AppFolio to get work done faster and easier. With a single prompt, Realm-X Assistant can generate reports, initiate individual and bulk tasks, and automate time-consuming tasks for managing vendors, residents, properties, and owners.Realm-X Messages is a reimagined inbox that helps property managers sort through, act on, and respond to routine resident communications. Realm-X Messages uses a message’s context to guide users towards appropriate steps, and provide quick, clear, and relevant replies with personalized details. “AppFolio Realm-X has completely shifted how we manage our properties,” said Simon Wong, CEO of Hogan & Vest, Inc. “With its intuitive interface and powerful capabilities, we've seen significant improvements in efficiency and productivity across our portfolio. Tasks that used to take hours can now be completed in minutes, allowing us to focus more on providing exceptional service to our residents.” AppFolio also announced it is piloting Realm-X Flows, a workflow automation engine that helps users standardize their processes through wor...