Business
AppFolio Unveils Realm-X, the Property Management Industry’s First-Ever Generative AI Conversational Interface
New offerings also include leasing productivity tools for large operators, enhanced user experiences for residents, owners & vendors, and new AppFolio Stack™
About this update from Appfolio, Inc.
[{"type":"text","content":"New offerings also include leasing productivity tools for large operators, enhanced user experiences for residents, owners & vendors, and new AppFolio Stack™ Partners\nSANTA BARBARA, Calif., Sept. 21, 2023 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF), a leading provider of cloud business management solutions for the real estate industry, today unveiled new product innovations at its annual Customer Conference in Santa Barbara, including Realm-X — a convenient conversational interface for property managers. Realm-X is the newest addition to AppFolio Realm, the company’s holistic suite of AI capabilities for the real estate industry. Realm-X uses generative AI to streamline leasing, maintenance, and accounting workflows, further solidifying AppFolio’s position as an AI leader and first-mover. Realm-X automates critical real estate workflows and eliminates repetitive tasks, freeing up property managers to focus on building resident connections and driving business performance. With Realm-X, they can: Ask it any question, such as “How many assigned work orders have had no activity for the past five days?”Tell it to handle common tasks, such as “Draft a text message asking for a status update on these work orders.”Teach it to automatically execute tasks, such as refreshing work order lists weekly and texting vendors to request updates. AppFolio is piloting Realm-X with select customers ahead of its broader availability next year. “As the only property management software provider to thoroughly integrate generative AI into the vertical technology stack, the innovations AppFolio is delivering will redefine our space,” said Will Moxley, Senior Vice President of Product at AppFolio. “AI is creating an extraordinary opportunity for our customers to enhance productivity, deliver differentiated experiences, and unlock growth.” Enhancing Resident, Owner, and Vendor ExperiencesAppFolio is rolling out the following new capabilities as part of its ongoing commitment to delivering differentiated experiences to not just property managers but also their residents, vendors, and owners: Personalized rent payment options: Through AppFolio’s new Flexible Rent partnership with financial platform Best Egg, property managers can offer renters the flexibility to divide their payments into smaller, more manageable amounts that align with their lifestyl...