As neighborhoods grow, so does an association’s need for efficient, responsive, and innovative management practices. In recent years, the role of technology in HOA management has grown to help meet this need, with one of the more promising tools in this landscape being Generative AI.
But before you can understand how Generative AI can help with the management of your community, it’s important to know what Generative AI is.
What is Generative AI?
In simple terms, Generative AI is artificial intelligence that can create original content in response to a user’s prompt or request. Rather than reply on data or patterns, Generative AI learns to generate new content on the data in which it has been trained. So, the more you work with a Generative AI platform, the smarter it gets.
Now that you have a general understanding of what Generative AI is, we’ll cover how it can help in your community.
Improve Communication
Communication is one of the most important aspects of managing a community, but it can be difficult to field the amount of homeowner inquiries that may come up in a single day. AI-driven communication tools can automate responses to common inquiries and give homeowners instant answers to their questions.
Here at JellyBird HOA Management, we have launched our own Generative AI tool, chirpAI, that helps homeowners with everything from answering questions about their account or their community’s rules and regulations, to covering all frequently asked questions.
Data-Driven Decision Making
One of the key advantages of Generative AI is its ability to process large volumes of data quickly, uncovering trends and insights that may otherwise go unnoticed. For an HOA, this could mean better and more informed decision making.
For example, if board members are working on planning their budget for the following year, a generative AI tool could analyze financial reports, reserve studies, and maintenance records to make recommendations on what the new budget should entail. It can even analyze and anticipate when community amenities may require maintenance or replacement.
By improving communication and providing data-driven insights, AI allows your board and management company more time to focus on what they do best—managing the community with expertise and care.
Embracing new HOA technology isn’t just about staying current with the latest technology, it’s about creating a more efficient, responsive, and harmonious homeowner experience for your community.
Want to learn more about JellyBird HOA Management and why we are leaders in HOA technology? Click here to learn more!
