Another one of COVID-19’s many effects on the world was changing the work landscape. Those in the workforce now have the option to work fully remote or in a hybrid setting that includes going into the office 2-3 times per week. According to Apartment List, twenty-one percent of workers plan to be fully remote post-pandemic and nineteen percent expect a hybrid environment.
Over the past year, nineteen percent of remote workers moved compared to the thirteen percent of onsite workers. This shows a new growing trend in how potential residents choose their new living space. Those that work remote have more agency in choosing where to live, as they do not have to worry about a daily commute to and from work. Remote workers may choose to remain close to family, or move to a new state or country altogether, as all that is now needed to work is a laptop and WiFi connection.
Apartment List found several reasons for why remote workers are moving, from finding a more affordable market to reducing monthly costs. Others stated that they are looking to reduce costs in order to save money to purchase a house, and now have the flexibility to move to cities that have a lower cost of living. Overall, the pandemic shows a trend in how residents move and why, and remote work will continue to influence the potential renter’s decision.
How Invictus Fits In
Invictus was designed for the on-the-go resident. With remote work promoting a more flexible and on-the-go lifestyle, Invictus can become an important asset for remote workers. Users have all residential needs located in app that include direct communication with property managers, reservations for apartment amenities, and digital coupons for local businesses. Invictus prioritizes making the resident lifestyle as easy and seamless as possible, which includes having all needs located in one central space.
Thanks to the COVID-19 pandemic, more and more apartment property companies are 
According to recent study conducted by RentCafe, there is a rise in higher-income Millennials choosing to rent instead of buying a home. The share of rental applications for renters earning more than $50,000 is at a five year high of thirty-nine percent and rental applicants are making an average of ten percent more this year than last year. With an above average income and higher budget for renting, lifestyle renters can choose to live in amenity-rich, high-quality apartments. However, soaring housing prices as well as inflation and interests due to the COVID-19 pandemic have prevented potential buyers from putting a down payment on a home, thus having to turn to renting instead.
The main purpose of property technology is to simplify the way real estate businesses manage, sell, and rent properties. Although the real estate market has been slow in accepting technological and proptech trends, the proptech industry proved its importance during the COVID-19 pandemic. With less in-person interaction and physical space, proptech tools can help property managers digitize the renting or selling process and make the most of their limited space. The top two benefits of property technology in the workplace include:
As Millennials continue to put off becoming homeowners and Gen Z begins to enter the workforce, renting becomes more and more popular with these groups. In order to attract young renters, it is important to understand what their ideal rental property looks like. To know what factors to invest into, here are the top seven amenities Millennials and Gen Z renters look for in their future living spaces:
Modern apartments now include amenities from communal treehouses to sky terraces with firepits. While this may seem over the top, it shows a shift in what residents and developers look for in high-rise living. 
The COVID-19 pandemic drastically changed our view on contactless technology. Residents are more conscious of what surfaces they touch and the potential spread of germs and bacteria, and more property managers are asking for a solution to ensure the health and safety of their community. The answer? 
With entrepreneurship in his blood and over eight years of sales experience, Kevin DeMattio embarked on his mission to transform the entry experience. DeMattio’s extensive background and passion for the property technology industry led to eventually establishing “Invictus” to achieve his goal of creating a product that puts the resident first. We caught up with Kevin to learn more about the importance of perseverance in entrepreneurship and how that was incorporated into “Invictus.”