Top 10 ParqEx Articles for Real Estate

ParqEx
6 min readFeb 2, 2023

When investors, managers, HOA boards, and owners consider ParqEx for their properties, they do their due diligence — and rightfully so! So we thought we’d get the ball rolling for you and provide our Top 10 ParqEx Articles for Real Estate. So for those property owners & property managers seeking to do their homework on ParqEx’s property technology, this article is for you!

1) The Value of ParqEx’s Marketplace

Everyone has experienced the pain and inconvenience of looking for a parking spot. Unfortunately, some of these locations are too costly and inaccessible to people seeking parking. Due to this parking dilemma, urban planning groups continue to carve out real estate. With ParqEx’s Marketplace, users and owners can find or list private parking spaces. In addition, our platform enables non-commercial parking owners to rent their underutilized private parking spaces to transient renters. Real estate entities, builders & developers, and anyone looking for parking: continue reading to understand the Value of ParqEx’s Marketplace and how it can benefit you.

2) The Benefits of Guest Parking using ParqEx GuestParq

Guest parking is a much sought-after amenity, but it has never been an easy task for property owners & managers. It can be a hassle for visitors to find parking, a security nightmare, a headache for residents, and even the cause for wrong vehicles being towed. ParqEx’s GuestParq simplifies the parking process for residents and their guests! So, real estate owners and property managers — are you looking for ways to eliminate unnecessary stress regarding guest parking? Keep on reading!

3) The Convenience of The ParqEx Enforcer App

Effective parking enforcement at properties is necessary for the smooth running of any property operation, tenant satisfaction, and retention. Unfortunately, no matter the type of property, parking security and violations are two of the biggest complaints and hassles for management, residents, and tenants alike. Historically, properties with parking run into unauthorized vehicles resulting in frustrated tenants. Moreover, they also have seen higher crime rates in the parking areas that lack adequate enforcement technology & processes, resulting in frustrated tenants/residents, higher operating costs, and lost revenue. Property Management, enforcement officers, and owners: ParqEx has developed the most complete and simple tool to catch all parking violations, improve security, and stop losing paying customers. Learn more!

4) More Than Just Parking — ParqEx’s Access Control

Gone are the days of using fobs, key cards, keys, guest passes, etc. With its reliable access control system, ParqEx’s Access + Premium Touchless can open any door, from pedestrian doors, main entrances, elevators, meeting rooms, common areas, office sensitive areas, and receptions, with just a few taps of a smartphone. Based on research, we know that accessibility through secure mobile devices is the name of the game. Advancements in technology continue to prove that the future of safe access is in mobile credentials, which we have been pioneering for years. Real-estate owners and investors are looking for ways to future-proof your property’s technology and increase its security; read on.

5) The Advantages of LPR

Technology and artificial intelligence have allowed us to push through boundaries and imagine greater possibilities than ever before. With these advancements, the parking industry has also drastically changed to facilitate parking, prioritize safety, and give property management a sense of security they didn’t know existed. For example, with technological strides in parking management and real estate technology, License Plate Reading (LPR) tech, which uses advanced cameras to read and validate the sequence of numbers and letters on a car’s license plate, has reached a point where it’s being put to use in hundreds of cities nationwide. Property owners & management: if you are seeking ways to heighten your property’s security, learn more about the advantages of ParqEx’s LPR system.

6) Benefits of ParqEx White Label Parking Solutions

Every company is looking for ways to get ahead of its competition while maintaining a high ROI. Consequently, white labeling is a highly desired solution. We provide two options to integrate ParqEx White Label Parking solutions into preexisting apps or technology platforms; punch-out integration or API integration. Punchout integration uses a web view, embedding it into the client’s native mobile app. API integration works in the sense that your platform can call ParqEx API. Options such as live vs. test environments, authentication, and more are available depending on the type of integration. Property owners, read up on all the benefits ParqEx’s White Labeling solution will provide you.

7) The Parking Solution for Builders & Developers

Have you ever renovated a building and been inundated with issues? Of course, the answer is going to be yes. But have you ever remodeled a building and had reoccurring problems revolving around parking at the property? Through our proprietary technology, privately-owned parking spaces that generally sit empty (especially during construction) are quickly unlocked and available for transient renters and parkers. With our technology on-site, there will be an undoubted increase in revenue, drastically improved operations with our IoT technology, and an added sense of security knowing who is on your property at all hours of the day. Builders & developers: read our article on how our property technology can help your job site function smoothly, all while bringing in another revenue stream!

8) The Leading HOA Parking Enforcement Solution

An overwhelming resounding challenge among many HOAs surrounds parking. Two of the biggest hassles for board members are the parking security at the property and many parking violations. But, of course, safety is top-of-mind for any property. So, an ever-increasing trend is that HOAs seek effective parking enforcement solutions to avoid parking violations, frustrated residents, higher operating costs, and a loss in revenue. HOA boards: ParqEx is the leading HOA parking enforcement solution, providing convenient solutions to catch parking violations, increase property security, and end complaints from residents regarding parking enforcement. Learn more & enjoy the article.

9) Advantages of Parking Property Management Software

Managing any property has its fair share of challenges. But, for almost all, generating revenue is the biggest challenge. Thankfully, various property management software is available to help clear these challenges. And to take it even one step further, ParqEx offers parking property management software that eliminates all these challenges. Property management, ParqEx provides comprehensive parking property management software that benefits your management team and tenants. Read on to learn how.

10) Mobile iOS and Android app with License Plate Recognition for Enforcement

LPR technology has revolutionized the parking industry across the board. It has provided a new level of efficiency for parking operators, resulting in cost savings and improving safety concerns that have daunted the parkers forever. Property owners, property management, and HOA boards: read this short article on how ParqEx’s app with license plate recognition for enforcement helps improve your property’s operational efficiency and security.

We hope you enjoyed our Top 10 ParqEx Articles for Real Estate. There is certainly a lot of information jam-packed into these articles. Please book a demo with us so we can address any questions that have arisen & see how we can benefit your property.

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ParqEx

ParqEx is a venture backed parking technology platform that has developed innovative IoT & AI technology to manage and monetize real-estate parking assets.