5 Essential Shifts: Moving Real Estate from the “Efficiency Trap” to Real Performance

5 Essential Shifts: Moving Real Estate from the “Efficiency Trap” to Real Performance

The energy at AppFolio's FUTURE 2025 conference was electric, but the message for the industry was clear and urgent: The old playbook is closed. 

For too long, property management has been caught in an "Efficiency Trap," believing that simply digitizing tasks and working faster are the ultimate measures of success.

Yet, with teams still spending an average of 40% of their time on busy work and only 17% of property managers reporting “winning consistently,” efficiency alone is not solving the fundamental challenge. The future demands a new discipline, a shift from managing tasks to managing outcomes.

Here are the 5 essential shifts defining the next era of real estate:

1. Shift from Task Focus to Strategic Performance

The future calls for elevating the property manager to a performance manager. This means moving beyond reactive task completion to a holistic approach – what we at AppFolio call Real Estate Performance Management (RPM). The goal of RPM is twofold: optimizing bottom-line efficiency and systematically creating top-line growth. It redefines winning by measuring human connection and impact, not just sweat equity.

Embracing this new discipline begins with a unified platform where data is securely stored, accessed, and activated. We’re making this possible with the AppFolio Performance Platform to redefine what it means to win in property management.

2. Shift from Data Fragmentation to a Unified Truth

Slow decisions and conflicting answers have been a big roadblock for property management companies. The solve? A single, unified source of truth that delivers all operational data.  

In our Performance Platform, this takes the form of the System of Record, which arms property managers with personalized insights, recommended next steps, and growth opportunities.

With data centralization, 8 out of 10 property managers who have unified their data report improved performance. AppFolio is strengthening this foundation with increased configurability and deeper capabilities in areas like Student and Affordable Housing, ensuring the system matches the business, not the other way around.

3. Shift from Basic Automation to Agentic AI

It's time for technology to genuinely amplify human strengths. While current automation tools are already streamlining millions of tasks, the true leap comes with agentic AI. These are not just automations; they are intelligent systems that can reason, make choices, and adapt when scenarios deviate. These agents can handle complex triage and nuance, taking the monotonous work off a team's plate and allowing them to focus on higher-value activities. You can read more about how agentic operations unlock performance in this article by my colleague Matthew Baird for Multifamily Executive.

4. Shift from Stressful Moments to Moments that Matter

There’s a common pain point in our industry. Seventy-five percent of residents struggle with the move-in process—that's 3 out of 4 people starting their relationship with you frustrated. The right technology can change that, turning high-friction, manual interactions into an opportunity to create lasting value and satisfaction. 

AppFolio’s reimagined Resident Onboarding experience turns once disparate processes like lease signing, payment, insurance, and utility setup into one simplified, guided flow. And through our new offering with partner Second Nature , we can enable property managers to offer residents highly desired, value-add services such as credit building, pest control, and discounted group-rate internet. This creates a win-win that elevates the resident experience while being a powerful differentiator for you. 

5. Shift from Busy Work to Human Connection

The ultimate goal of RPM is to free up time for the reason most people entered the industry: building community. When technology handles the complexity, teams can focus on connection. As one of our event attendees Alan Ross, CAM, CAPS put it, “Now our team does things that really matter – connecting with residents, walking properties, making sure the community feels cared for.” 

The result is tangible performance: AppFolio customers fully adopting our Performance Platform are achieving real success, with renewal rates up 20% and NOI up nearly 3%.

The greatest barrier to success isn't the technology – it's the willingness to be a learner. The tools are here. The future is waiting. The time has come for the industry to embrace this new era of Real Estate Performance Management. 🚀

Just Joi

--Property Management Specialist

4d

I'm interested in working for Appfolio! Where can I apply?

Like
Reply
Matt Kesler, CPM®

Making Property Management Cool Again

2w

Absolutely! Let’s leverage technology to give property managers the ability to act strategically where it actually moves the needle.

Like
Reply

To view or add a comment, sign in

More articles by Stacy Holden

Explore content categories