Near-Field Communications...

Increase your property’s visibility to perspective clients while promoting tenant engagement through advances in near-field communication. You may recall advertisements for various smartphones where file and photo sharing occur by simply bringing the devices within a few centimeters of each other. You may have also seen SmartPass devices in stores and vending machines that allow customers to pay for products and services by passing their credit card over a tag. Such technologies are examples of near-field communication (NFC), a rapidly growing series of standards that allow mobile devices to communicate with other devices within close proximity. NFC has taken hold in various pockets of commerce and entertainment, making transactions faster and more convenient. Ticketing for transportation and entertainment venues around the globe utilize cards and key fobs to permit access goods and services. Box offices allow patrons to present digital tickets in place of their paper counterparts. Loyalty programs for various stores rely on stickers and cards to connect customers to rewards and discounts. Perhaps most importantly, many of us have offered silent expressions of gratitude as our children quietly enjoy multi-player gaming on separate devices while sitting in the back seat of the car. It sure beats arguing over the radio station. The versatility of NFC has proven to be its greatest asset. NFC standards permit a nearly effortless exchange of images, videos, data and text. It can replace paper while still leaving a trail suitable for verification and authenticity. As the market continues to grow, the potential of NFC will continue to expand. Near-field communication lends itself to practical and fun uses within the multifamily housing industry: – Leasing agents can create and instantly share marketing cards that include contact information, property details, property photos, video and more. (Yardi PopCard is a...