Multifamily Leasing Blog

Yardi Chat IQ - A Review

Yardi Chat IQ - A Review

Yardi Chat IQ was announced last month. It is an Artificial Intelligence powered chat system that can communicate with prospects and residents over website live chat and text message. Yardi is one of the largest property management software providers in the world, and this is their first entrance into the world of AI. Yardi Chat IQ is designed to improve customer service on property websites, and serve prospects and residents with common questions. It has a few features promoted by Yardi:

Features of Yardi Chat IQ

Automated Responses: Provides instant responses to common questions and inquiries from residents, prospects, and staff.

24/7 Availability: Ensures customer service is available round the clock, even outside regular business hours.

Integration: Seamlessly integrates with other Yardi systems and databases to access relevant information and provide accurate answers.

Task Automation: Can handle tasks such as scheduling maintenance requests, processing payments, and managing appointments.

Multilingual Support: Offers support for multiple languages, catering to diverse customer bases.

Yardi Chat IQ is built to improve efficiency, reduce response times, and allow property offices to do a better job with their customer experience.

What we Think

For certain applications Yardi Chat IQ can be a fit. If the goal is to provide high probability and common questions with simple responses, it does a fair job. Yardi Chat IQ seems to be good at pulling availability data and unit data from the PMS and providing those details to customers. However, if you push it on any additional request, it tends to fail.

Live Chat services like Yardi Chat IQ are entering the market, and if supported in the right way, but a human support team, they can perform well. We are starting to learn more about the system as our clients now have access to it. This could provide a go-to ~~~~live chat option for a lot of Yardi legacy product users.

2023 Update on Yardi Chat IQ

Leasing Chat now offers a live chat suport service specifically designed for Yardi Chat IQ Users.

You can also find an updated Review with more details here: Leasing Chat for Yardi Chat IQ

In the coming years Yardi Chat IQ will slowly be phased out in favor of the Yardi Virtuoso AI Chatbut we have you covered there too!

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