Peacock Properties Update 06/07/22

proptech bilt

At Peacock Properties, staying ahead of trends and using property technology (PropTech) is essential to growth and continued success. When utilized effectively, PropTech can create a better experience for both residents and property managers while creating value through efficiency and cost-saving. PropTech’s versatility can accommodate any property type ranging from single-family homes to commercial buildings. Through innovation and problem-solving, PropTech Solutions can help meet the diverse demands of property management.

Each month we highlight a PropTech solution primarily focused on the multifamily sector. This month we focus on BILT, a rewards program coupled with a credit card that allows tenants to earn points when they pay the rent. The Bilt Rewards Alliance currently includes 2M+ rental homes across the country and the BILT points can then be used to travel, pay rent, or work out. Tenants renting within a BILT Alliance property can also choose to have their rental payments reported to the 3 major credit bureaus to build credit history or boost credit score. The most unique feature BILT offers is the ability for renters to save their points and put them toward a down payment on a home, helping renters along the path toward homeownership.

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