There's new technology that makes software development very easy, and it's about to hit the multifamily industry hard (and IMO, in a controversial way). It's called vibe coding, and it's making it easier than ever to build and launch new software tools. But while the code might come easy, the real barriers to success in the multifamily industry haven't changed, and that's why I predict that many new platforms will fail.
"Vibe coding" is a term used to describe how today's developers use LLMs and AI-assisted tools like Cursor, Replit, and Base44 to write software. Instead of building from detailed product plans or specs, they create by "vibe", prompting a coding assistant to bring a sketched idea to life. It's intuitive, fast, and increasingly common.
Right now, many vibe-coded applications are small internal tools or side projects. But the multifamily space is likely the next target. Think AI chatbots or tour schedulers, tools that can be spun up quickly and wrapped in slick, AI-generated marketing.
These integrations are complex, costly, and often require being a sponsoring company to access APIs from PMS providers. Most startups simply won't have the resources or relationships to make them happen.
The barrier to launching a tool has never been lower. But the barrier to surviving in multifamily is still high. Operators, marketers, and asset managers should prepare for a wave of new vendor emails, but proceed with caution.
Many of these tools will lack:
Before adding any new tool to your tech stack, consider this five-point litmus test:
1. Integration Readiness
Are they already integrated with your PMS? If not, are you prepared to sponsor or troubleshoot?
2. Proven Use Cases
Is this solution live on communities like yours? Ask for a real reference, not just a polished demo.
3. Financial & Operational Stability
How big is their team? Who's backing them? Can they operate for 12+ months without new funding?
4. Support Structure
What does onboarding look like? Can you call or email someone for help?
5. Strategic Fit
Will it solve a real problem and provide measurable ROI, or just add to the noise?
Vibe coding is accelerating and helpful innovation, but in multifamily, sleek design isn't enough. What matters most is execution. The winners won't just be the fastest to market, they'll be the ones who integrate, support, and understand multifamily from the inside out.
Be open to new tools, but ask the hard questions. Because the best solutions aren't just functional. They're thoughtfully integrated, operationally supported, and built by partners who know your world.