Feb 24, 2024 | Competitive Analysis, Products
Rent comps, or comparable rental properties, are a critical tool used by property managers to accurately price units and remain competitive in their market. Identifying recent lease rates for similar units ensures that pricing is in line with demand, helps monitor... Feb 12, 2024 | Concessions, Market Surveys, Operations, Products
Property teams need every advantage in today’s competitive multifamily housing market to maximize occupancy and rents. However, gathering accurate, real-time data on competition to inform pricing and leasing decisions manually is time-consuming and grossly... Feb 12, 2024 | Concessions, Products
Rent concessions can help you fill vacancies, increase occupancy, and improve tenant satisfaction and loyalty. However, they come with some trade-offs and challenges. We both know they can reduce the profitability and value of the property and create unrealistic...