Property managers are always dealing with different challenges, and old-school key management will only add to the chaos. Switching to a smart lock can make your life a lot easier in this situation!

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Bold solutions: smart locks within property management

May 7, 2024

As a property manager, you are constantly juggling the demands of tenants, maintenance issues, coordinating access and administrative tasks. Traditional key management systems only add to the chaos, managing access and keys can become a time-consuming aspect for your organisation. Key handovers, lost keys, and unauthorised key duplication are constant challenges for property management companies, regardless of the specific market that you are active in, which may vary and can be residential or commercial (office, vacation rentals, student housing, retail, healthcare or industrial) or a mixture.

Access management challenges within property management

Property managers juggle a variety of challenges, but let's zoom in on the ones related to access management. Two problems stand out in particular:

  • Key management issues: In traditional property management situations, physical keys are used, which can lead to problems such as lost keys, unauthorised duplication, and limited traceability of access activities.
  • Security risks: If keys fall into the wrong hands, this can result in break-ins or unauthorised access, jeopardising the security of the property and its residents.

Key management can become more secure, more flexible and less time consuming when using digital access management and key management solutions. Not only you as a manager will benefit from this smart access solution, but also your employees, tenants and service providers. 

Unlocking innovation: the Bold Smart Lock solution for property managers

Bold Smart Lock offers the most user-friendly, professional access management solution in the market. Installing the Bold Smart Lock takes just 5 minutes and ensures optimal security for your property. Let us help you and explain more about our solution and what it can mean for your business.

We will keep it short and sweet, summarising the benefits for you as a property manager in 8 bullet points:

Digital key management
Bold introduces a digital key management system empowering managers to seamlessly authorise users' access to devices. Through the Bold app, employees, tenants, and service providers can effortlessly unlock designated doors with a simple click. Meanwhile, administrators can monitor activities in real-time, facilitating immediate logging of access history.

With a Bold Business Account, you gain access to the Bold Business Portal, which allows you to easily create and manage groups of users and locks with specific access rights.

Flexible access:
Schedule or temporary options, smart locks offer convenience with additional features that streamline access management. With the Bold Smart Lock, the 'schedule access' feature empowers admins to tailor access for specific users, like cleaners, by setting custom time frames. For instance, it allows access between 6:00 and 8:00 in the morning. Additionally, the ability to grant 'temporary access' proves extremely useful when handymen are needed for property maintenance tasks.

Grant or revoke access easily
As a property manager, you can remotely grant or revoke access permissions. By implementing Bold Smart Locks, you can even implement access restrictions based on rent payment status.

Easy tenant turnover
With Bold Smart Lock, property managers can deactivate keys for outgoing tenants and create new digital keys for incoming tenants. Even when the landlord-tenant relationship is not great, there is no chance of previous tenants making unauthorised copies of keys. You can wave goodbye to key management worries with Bold Smart Lock.

The highest level of security
Bold incorporates security measures such as encryption, two-factor authentication, and audit trails to enhance key management security. We also hold the highest security rating with our SKG*** certificate. Additionally, we utilise the most cutting-edge security techniques and uphold the highest industry standards.

Mobile accessibility
You, as a property manager, can easily manage access control via the easy-to-use Bold app or in the Bold Business Portal. These platforms allow you to oversee your business operations from anywhere. Whenever, wherever.

Integration with other systems
Bold can be integrated with Property Management Systems (PMS), to provide a comprehensive solution for property managers. This ensures seamless communication and data synchronisation across different aspects of property management.

Customisation and Scalability
The Bold software is scalable, allowing property managers to expand their operations without outgrowing their management solution.

Carefree tenants: the perks of smart access

As mentioned previously, the benefits aren't limited to property managers; tenants will also experience a range of advantages.

Convenience
All your keys are consolidated within one app, eliminating the need for separate keys for the car park, your flat, and even the storage room. Of course, access permissions vary for each cylinder. So there's no need to worry about anyone entering your flat.

The Bold Smart Lock is completely keyless, so it’s impossible to lose your key. But you might forget your smartphone sometime, or the battery may have died. No need to worry — you can still get in if you’ve previously set a backup PIN code, which you can generate in the Bold App. You can enter the code by turning the outer knob, a bit like an old safe.

With the Bold Connect you can easily lock and unlock the door remotely with the highest security using wifi. This feature enables you to conveniently grant access to family members or friends even when you're away from home.

Design
With its high-quality design, Bold ensures an upgrade for your door in both aesthetics and functionality. Available for all doors equipped with a Euro-cylinder.

The safest option to secure your property
Our Bold Smart Lock has an SKG*** certificate, guaranteeing top-tier security. An SKG*** certification means the cylinder will resist mechanical manipulation for at least 5 minutes — unlike an SKG** certification, which represents 3 minutes of resistance. It might seem like a small difference, but to burglars, every second counts.

Additionally, we've got you covered with the latest and greatest security techniques and standards. So no need to worry!