What are some of the current trends that a property developer ought to keep track of? Automation, labor force, loans, tax cuts, and natural disasters. So, how can you manage all of these considerations at once? Let Anton Systems offer some insight and make your job easier!
Navigate Property Developer Trends More Easily
Automation frees up time for the property developer to concentrate on other aspects of their business. Automation means less entry and more pushing of buttons- and not having to go into different systems to access information. Also, because of availability on mobile – seeing reports on the app – reports, costs, budgets, and loans are all easily tracked. Anton Systems can provide developers with this mobile automation with the use of Budgetrac software.
- Labor Force
This comes more to a shortage of skilled labor in certain markets. Using Houston as an example: the state still has a backlog of projects that they cannot get too because of the scope of damage done by the hurricane, but there’s a lack of the skilled workers to take those jobs. Anton Systems can track vendors up to a certain point to help alleviate this issue.
Rates are slowly rising, but there are other economic factors (see tax cuts below) that are allowing developers to get funding. There are lenders out there. Because Budgetrac, mentioned above, provides loan draw functionality, it can cover this consideration.
- Tax Cuts
Quite simply, with corporations having % rolled back from 35% to 21%, means there is a lot more money out there to invest in new projects. Some will trickle down in the form of reinvestment in companies (raises), but that money will be used for new projects. How can Anton Systems help with this? Increasing investment means more projects, which means there will be more development projects out there, and a need for software to handle them. We can offer training in that software!
- Natural Disasters
Recently, cities have been underwater, and they need to be rebuilt. The governmental agencies pour money into these places to get them back on their feet. Infrastructure needs to be redone, or even brought back to the drawing board. So, property developers, on top of tax cuts, have more money to play with. And, by reinvesting that money in those towns, they look like heroes. To aid them, Anton Systems knows what has happened and what the pains that those folks are going through, and so we have the knowledge to help.
If you are a property developer who has lost track of current trends or who needs support in taking advantage of those trends, then get in touch with our property management and real estate development experts. We’re happy to speak with you about any aspects of our services or offered products. From strategy through support, our team is your team!