🎙️ Ever wondered how AI is reshaping the real estate landscape? 🏡🤖

We're excited to unveil our latest podcast episode on the "Impact of AI on Real Estate". Watch the full episode here -

Dive into a riveting discussion where we shed light on:

1️⃣ Evaluating the AI Effect - Unpacking the nuances and understanding how real estate professionals can effectively measure the implications of AI in the industry.

2️⃣ ChatGPT in Real Estate - Discovering the innovative ways #ChatGPT can be leveraged across various real estate use cases. From property descriptions to client interactions, the possibilities are endless!

3️⃣ Becoming an AI Pro - Tips and tricks for mastering AI in real estate. Whether you're a newbie or a seasoned pro, there's always more to learn.

4️⃣ AI Innovators in RE - Highlighting pioneering brands like Matterport, #roomgpt, Oda Studio that are seamlessly integrating AI to redefine real estate norms.

5️⃣ Legitimacy of ChatGPT - Delving into the reliability and trustworthiness of ChatGPT, as we debunk myths and set the records straight.

6️⃣ AI: Threat or Boon? - Demystifying concerns around AI replacing jobs in the real estate industry. Let's break down the myths and celebrate the opportunities!

Engage with the future now! 🚀

🤔 How do YOU think AI will change the real estate game?

Drop your insights in the comments!👇

#AIinRealEstate #RealEstateTech #AI #FutureTrends #PropertySearch #MarketAnalytics #Chatbots #PropertyManagement #InnovationInRealEstate #TechInRealEstate #AIForBusiness #BusinessInsights #TechPodcast #AIInnovation #RealEstateInsights #DigitalTransformation

The Built to Rent (BTR) model has emerged as a potential solution to the escalating challenge of global rental inflation. By retrofitting traditional rental properties to fit the BTR model, investors and property developers can unlock numerous benefits that promise to increase rental yields and provide a more sustainable rental market. However, this innovative approach does not come without its fair share of challenges, particularly in varying geographical contexts.

Retrofitting Traditional Rental Properties to Built-to-Rent Model:

The Built to Rent model revolves around purpose-built properties designed explicitly for rental purposes. By renovating and transforming traditional rental units into BTR properties, landlords can optimize the rental experience for tenants and increase overall rental yields. These retrofitting endeavours focus on creating modern, energy-efficient, and amenity-rich spaces, enhancing the property's appeal to potential renters. The BTR model allows investors to achieve better control over operational costs and improved property management, ensuring a reliable and steady income stream.

Challenges of Built-to-Rent Model in Different Geographies:

Implementing the Built to Rent model in diverse geographical regions presents its unique set of challenges. Factors such as local regulations, zoning laws, and planning permissions may vary significantly, affecting the feasibility and profitability of BTR projects. Cultural and demographic differences can also influence tenant preferences, making it essential for developers to tailor their BTR offerings accordingly. Furthermore, economic conditions, such as interest rates and housing demand, can impact the overall success of BTR investments. To achieve success across borders, stakeholders must conduct thorough market research and navigate local complexities adeptly.

Despite the challenges, the Built to Rent model remains an attractive prospect for investors seeking to combat the effects of rental inflation worldwide. Its potential to increase rental yields and provide high-quality rental options has garnered attention from both investors and tenants alike. Additionally, as the demand for rental properties continues to rise globally, the BTR model offers an innovative way to address housing shortages and promote sustainable and inclusive living solutions.

In conclusion, the Built to Rent model has the potential to act as a viable solution to the global rental inflation crisis. By retrofitting traditional rental properties to embrace the BTR approach, investors can unlock higher rental yields and create a more attractive rental market. However, while the concept holds promise, it is crucial to acknowledge and navigate the challenges that arise in different geographical contexts. By doing so, stakeholders can position themselves strategically and contribute to a more stable and sustainable rental housing landscape worldwide.

_____________________

Subscribe for PropTech updates across the world, and follow us on socials!

Linkedin: https://www.linkedin.com/company/monk...

Facebook: https://www.facebook.com/monktechlabs

Instagram: https://www.instagram.com/monktechlabs/

Welcome to "Unveiling Global Rental Inflation," the insightful podcast hosted by Shan Elangovan, Global Marketing Director of Monk Tech Labs. Join us as we dive deep into the complexities of global rental inflation and gain valuable insights from Ajay Kumar, Co-Founder & CEO of Monk Tech Labs, as he sheds light on the various factors contributing to this phenomenon.

In this podcast, Ajay Kumar shares his expert knowledge on the subject, exploring the multifaceted causes behind global rental inflation. With a focus on the current global recession and its impact on rental markets, he delves into the intricate dynamics of supply and demand in rental housing, highlighting the imbalance that exacerbates the inflationary pressures.

Gain a comprehensive understanding of the future prospects for rental income and yields as Ajay Kumar provides his expert analysis. Discover how changing economic landscapes, evolving housing markets, and shifting global trends intertwine to shape the trajectory of rental prices worldwide.

Whether you're a real estate enthusiast, a curious investor, or someone seeking a deeper understanding of the global rental landscape, this podcast is your go-to resource. Our engaging conversations and in-depth explorations will equip you with the knowledge necessary to navigate the complexities of rental inflation and make informed decisions.

Tune in to "Unveiling Global Rental Inflation" for captivating discussions, thought-provoking insights, and actionable takeaways. Stay ahead of the curve with Shan Elangovan and Ajay Kumar as they unravel the mysteries surrounding global rental inflation and its implications for the future.

Don't miss out on this exceptional podcast series! Subscribe now to stay informed, gain valuable knowledge, and be a part of the conversation on global rental inflation.

Listen to Angie Mahtaney, Business Mentor at Brigade REAP, on Monk Realty Show discussing how to build a successful Proptech business.

Angie shares her insights on the various ways Proptech changes the real estate game and the opportunities it creates for stakeholders. Learn best practices, strategies and essential tips to launch and scale a successful Proptech venture.

Join us now for our special episode on 'Building Sound Proptech Business'.

Tune in to the Monk Realty Show on http://monkrealtyshow.com/ and join the discussion on the future of real estate. Don't forget to like, comment, and share this episode to spread knowledge and empower others in the industry!

Join us on the Monk Realty Show as we dive into a captivating conversation with Dr. Michael Waters MRICS, an esteemed Associate Professor in Real Estate at Heriot-Watt University, Dubai Campus

In this episode, Dr. Waters shares his profound insights on three pivotal topics shaping the real estate industry today.

1. Learnings from Dubai: Discover what real estate businesses across the world can glean from the remarkable success of Dubai.

2. The Power of Academia: Explore the importance of academia in the real estate realm. Dr. Waters highlights how academia contributes to research, knowledge creation, and industry collaboration.

3. Sustainability in Real Estate: Discover why there's no better time than now for real estate developers to embrace sustainability. Dr. Waters sheds light on the environmental, social, and economic benefits of sustainable practices.

This podcast episode is a must-listen for real estate professionals, students, and enthusiasts alike!

Tune in to the Monk Realty Show on http://monkrealtyshow.com/ and join the discussion on the future of real estate. Don't forget to like, comment, and share this episode to spread knowledge and empower others in the industry!

“House as an object, it's been the same too long…Very soon, if you sit in an apartment without a digital ecosystem around it, people won’t even look at the apartment.”- Daniele Russolillo

Most real estate developers take years to expand their business outside a city. After handing over the keys, "they don't want to hear from the resident again". Planet Smart City is quite the opposite, as Daniele Russolillo explained to us on the most recent episode of http://monkrealtyshow.com/

Headquartered in London, the global firm is already building houses with the help of local partners in Brazil, India, Colombia and others. And as Daniele says, the firm stays back even after the sale and helps build a community. But that is among the many things Planet Smart City is doing to deliver affordable housing globally with a twist.

Listen to the entire episode to learn more.

1. Why Planet is expanding in several countries at the same time

2. How to find a local partner for development

3. Broken hearts, not pipes: Planet’s vision for community

4. Mobile phone and the house

5. Rethinking the E in ESG

Formed in Dubai in 1985, Asteco is The Middle East’s largest full service real estate services company. We spoke to Morgan Dalton, Director at Asteco, who has been associated with Asteco since 2008. In this conversation, Morgan gives a wide-angle view of the UAE Property Market, state of sustainability, and why the future of PropTech is "more of the same".

Watch this episode to know -

How a real estate course helps in career?

Do sustainable buildings fetch higher rents?

What brought Morgan to Dubai from New Zealand?

Should you choose real estate as a career?

What can UAE do better in real estate?

Muhammad Jawad, Manager for Property & Community Management at IMKAN Properties, joined us for the fifth episode of the Monk Realty Show.

Having worked at names like WAFI Group, EMAAR, and RAK Properties, he comes with a diverse experience in UAE's real estate sector. As the first Certified Property Manager (CPM) ® from IREM®, he is a big believer in relevant certifications and credentials. 

Our conversation was a mix of high-level ideas, day-to-day aspects in property management, and answers to some tricky questions. These include -

1) Choosing between a stable tenant and 40% better offer

2) Converting "nuisance" tenants into advocates

3) Fostering a sense of ownership among the staff

4) Outlining criteria for the all-in-one software

5) Tracking the 3 big metrics for any PM

Compared to other areas, why is real estate a laggard in adopting technology? Why are teams within these companies averse to trying out new products? And how should PropTech companies go about RFIs and RFPs?

Eddie Holmes is the Co-founder of Unissu, a PropTech and ReTech marketplace which help buyers and sellers do business together more effectively. He is also our go-to person for everything on PropTech procurement.

In this episode, Eddie takes gives us a bird's eye perspective on what makes PropTech procurement so different -

Highlights -

• Why the real estate industry doesn't do community
• What are the incentives behind PropTech procurement
• How does Real estate's "little black book" work?
• Why hardware catches the eye, but software matters more?
• How RFI and RFP help in deployment?

Every reflex action needs a spinal cord, be it in the human body or in Facilities Management.

As a fitness fanatic and award-winning FM Advocate, Mohamad Abou Laban knows how a great FM culture is almost like the spinal cord. He joined us on Monk Realty Show and shared his insights on everything in FM -

Highlights

1) Why is a system as strong as its weakest link?

2) The 4Ps - People, Process, Product, and Productivity.

3) What FM companies should know about the tender process in UAE

4) Moving from checklists to QR codes for technicians

5) When do you need a programmer in-house?

Having spent over 20 years working in organizations like Cushman & Wakefield, DAMAC Properties, b.fm, Etisalat FM, EMCOR Facilities Services and Deyaar Facilities Management, Mohamad Abou Laban is a veteran of Facilities Management sector in the Middle-East.