CLAIRE's ROI Calculator
Introducing CLAIRE, the smartest digital property management assistant to your team will not only allow your property management team to focus on the highly specific tasks that need their direct attention but also provide a unique point of difference to prospective landlords and tenants alike. Providing high quality customer service needs to be the core focus of any property management team and CLAIRE will allow your team to do just that.
Use the below calculator to make a smart decision on hiring CLAIRE and the value of her on your team.
Drag the below circles to adjust the business case and ROI to suit your property management team for the below benefits.
*Note this is an estimate. Individual office outcomes vary depending on many factors like change management capability. It also assumes you switch on all of CLAIREs skills and modules to get the greatest benefit.
Property Management Wage (FTE) Cost Savings with CLAIRE
55000
30
A good estimate is 45% if you switch on all of our modules and release it as recommended.
300
Properties affect your total compounded saving below for things like maintenance, rental arrears and tenant conversations.
10
This is calculated as percentage of rentals that fall behind at 1 day or more in a given month.
300
Total emails your PM team have to manage daily. This on average per PM is 80-100. We assume 2 min handle time (1 min saving) per email multiplied by cost of staff wages.
100
Alternate low friction multi choice channels like CLAIRE on web form, phone calls, google assistant, sms and concierge reduces this by a multiple of the percentage.
2
Every property has how many correspondances. It can be less than one as a decimal. So if you have 500 properties and you do 250 tenant enquires per month this is 0.5 enquires per tenancy.
10
How long do you spend dealing with a tenant enquiry on average.
100
Total mantanance time is calculated as 1. Time to gather requirements + 2. Time to enter into job system, 3. Time to follow up, 4. Time to close, confirm quality resolution and enter notes.
100
Calculates the saving of Routine Inspections Onsite ($80 Industry average) VS Routine Inspections as Remote.
Calculation is:
(wage per hour * total hours spent monthly + Email Time + Arrears Time Saving + Phone Calls + Maintenance Tasks + Routine Inspections)
* % Automated
Time Savings$
Better Services with Leading Technology Leads to Increased Managements
500
25
6
100
New Landlord Opportunites Signed Due to Differentiation * Mangement Fees
New Revenue$
"Tenants are really accepting of this 'new toy' because it makes their lives easier. It's practical help, they don't need to come in and see us. They can sort out their problem from the comfort of their lounge room.'
"This service helps so much with my job! I come to work and open my emails and the record is already there that the tenants have solved their own problems."
"It's handy being able to get information about your property after hours. It's easy to use and really convenient."
"I've got goosebumps. I love it!"
“Having happy renters is our goal and by providing them with all the information they need in a straightforward way 24 hours a day.. this is having a big impact,”
'This is incredible, so exciting for the industry and I can't wait to introduce this to even more of my clients!'
"I have to agree the term AI is overused as a Buzz Word across many industries and Patrick’s company is one of the first actual AI companies to come into Real Estate that I can see disrupting at the same time driving the industry forward. On top of that, Patrick is really able to concisely outline where he sees the industry moving in the future."
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5. Lets get CLAIRE working for you!
Ready to add the industry’s smartest AI driven Property Management Assistant to your team? You can begin the journey in one of 3 ways.
- Book an on-boarding meeting with Realm’s dedicated on-boarding team. This option will allow you to be guided through the on-boarding portal and answer questions related to the portal, account set up and your settings.
- Self Service on-boarding for the tech savvy. This option allows you to set up your account independently right through to LIVE.
Still want to talk to a human?
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