Key Takeaways
- Six failure modes threaten real estate technology: vendor outage, integration failure, data corruption, vendor shutdown, security breach, and hardware failure.
- Contingency plans for each critical system should include immediate response, workaround procedures, and recovery timelines.
- Test contingency plans quarterly (single system) and annually (full simulation) to identify gaps.
- Weekly CRM exports and monthly accounting backups provide the data foundation for contingency operations.
This track contains subscriber-only lessons
Explore free tracks in this area of study, or subscribe for full access.
Browse available tracks"Data Security, Platform Migration & Scaling Infrastructure" is a Pro track
Upgrade to access all lessons in this track and the entire curriculum.
Test Your Knowledge
1.What is operational risk?
2.What is a risk register?
3.What is the Recovery Time Objective (RTO)?