They say hindsight is 20/20. Unfortunately, hindsight for property managers is also, in most cases, useless.
Foresight, on the other hand, can help property managers avoid serious problems, and keep their business running smoothly. That’s where risk management comes into the picture.
Property managers know that the key to successful risk management is an early, decisive response.
For example, if a property’s elevator is very old, the facility manager should recognize the inherent risks, check the elevator’s current status, alert the right people to the potential danger, and finally take steps to control the risk (in this case, maintenance, repair, or replacement).
Bryder’s software has an entire module dedicated to risk management.
Basically, our platform allows you to exercise foresight simply and easily by viewing your property’s most important information in one screen, with one click.
Now that’s property management done right!
Instead of knowing better next time, know better this time. Look ahead to keep your business running like the well-oiled machine it now is.
Get a quick overview of each unit’s rental status. Or stare at that overview for a really long time. It’s up to you.
You’ll never have to say, “Did I already take care of that?” again. Your team’s to-do list is laid out in front of you.
Keep a close eye on at-risk situations and schedule repairs or replacements before they become a problem. Share what you see with your team.
It’s your own Risk Management Checklist, populated only with items that actually apply to your buildings. Make it make sense for you.