SmartProperty® is changing the world for condominium and homeowners associations by reinventing the way they plan for and safeguard their community’s future.
Our flagship product, The Living Reserve Study™ gives you the ability to implement a strategic capital reserve plan that can limit 'hidden surprises' brought on by aging infrastructure, deferred maintenance, and rising inflation that makes projecting anticipated expenditures more challenging.
It helps you:
Develop a better understanding of where your money is going
Provide more transparency into your association's financial condition
Justify fee increases (when necessary)
Respond in real time to a shifting market
Gain peace of mind by avoiding 'hidden surprises' that lead to special assessments
Reduce potential for board liability due to estimation or planning errors
The promise of The Living Reserve Study™ is to give you a reserve study that is always up-to-date. With it, you have the tools to maintain a sustainable and strategic capital reserve plan through capital projects, maintenance, shifting markets and changes to the board.
SmartProperty® helps you accomplish this promise through ongoing annual financial updates to your reserve study, as well as giving your team the ability to collaboratively update your reserve study as they perform maintenance, gather bids or specs, and complete capital projects. This allows The Living Reserve Study™ to serve as a single resource for all your reserve planning needs.