Christine Bright

Vice President of Operations, RealPage, Inc.

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Christine Bright is Vice President of RealPage Budgeting and Accounting for RealPage, Inc. She has 21 years of property management experience that includes roles as property manager, regional manager, district manager, asset manager and national education director for large multifamily companies.

Connecting with the Power of Data

Data is everywhere. Everything we do with any consistency can be broken down into specific data points, then trended and analyzed. We see it every day. From our phones telling us how long it takes to get to work without our asking, to suggested Amazon purchases in our Facebook feeds, to cold calls and spam[]

Beyond Rent: How to Unlock Other Benefits of Revenue Management

Revenue management isn’t just about establishing rent prices in multifamily housing. Many apartment operators believe that industry solutions are sort of a one-trick pony – they set rent and are limited to certain classes and leasing verticals. Not true, according to industry experts. Upwards of a quarter of the multifamily industry uses revenue management tools,[]

How to Solve the Senior Rent Payment Puzzle [eBook]

Baby Boomers have adapted to the conveniences of online purchases at a much slower pace than their younger counterparts. Yet as this generation transitions into senior living, operating digitally is now a way of life for many and senior residents expect to be able to pay rent without writing a personal check. The average Boomer has 3.53[]

Creating Amazing Resident Experiences Through the Renter Lifecycle-1

Creating Amazing Resident Experiences Through the Renter Lifecycle

As discussed in RealWorld 2018 sessions  The point of sale doesn’t stop when the contract is signed and the customer drives off into the sunset. When the long-coveted prospect finally signs on the dotted line and moves in − after days, weeks, maybe months of courtship exhausting all of a property’s online marketing bling and[]

apartment market research

New from MPF Research: Top Investment Markets, Hurricane-Affected Metros, Job Growth Trends

MPF Research provides actionable apartment market research to apartment investors and operators. Here’s the latest from RealPage’s multifamily intelligence division. Is Orlando a wise apartment investment choice? Orlando is the top contender for increased, near-term multifamily investment, according to respondents of a multifamily survey produced by the National Apartment Association and RealPage. In a new[]

multifamily property

How to Prepare Your Multifamily Property for Winter

As we’ve all heard countless times before from our favorite sports coaches, the best offense is a good defense, and readying your multifamily property for winter is no different. A preventative weatherization program will help you catch small problems before they blossom into huge problems, thus saving you thousands of dollars and hours of headaches[]

resident screening

Sizing Up Your Applicants Through Debt to Income

As the U.S. economy generally continues an upward tick, household debt has eclipsed that of levels in 2008 leading into the Great Depression. Total household debt has increased by $149 billion to $12.73 trillion. Depending on who you talk to, that should cause alarm. But economists argue that the economic condition is now much healthier[]

Job cost

Finally: Integrated, Unit-Level Job Cost Tracking for Every Kind of Project, Every Kind of Property

To accurately track expenses for new developments, unit renovations, tenant improvements and other capital projects, you have three choices: Excel A standalone job costing solution An integrated job costing solution RealPage Job Costing integrates with general ledger, accounts payable, purchasing, fixed assets and commercial property management. The importance of this can’t be overstated: all these functions[]

apartment market research

New from MPF Research: Post-Harvey Houston, Multifamily Lending, Phoenix Construction

MPF Research provides actionable apartment market research to apartment investors and operators. Here’s the latest from RealPage’s multifamily intelligence division. Some 47,000 vacant apartments will help Houston cope with flooding aftermath The extraordinary flooding that recently occurred in metro Houston displaced a huge block of the market’s population of about 6.5 million people. With lots[]

Why Remodeling is on the Rise for Rental Housing

Influenced by Baby Boomers and Millennials, the home remodeling market is cruising at high speed, continuing to gain momentum since the housing crash nearly a decade ago. Recent reports by the Joint Center for Housing Studies at Harvard University (JCHS) and the National Association of Home Builders indicate that homeowners and renters are craving new[]

7 Ways to Make Budgeting Season Less Painful

Yes, it’s arrived, like a distant relative who you wish would not visit and definitely not stay. It’s budgeting season. A regional manager once quipped, “I’d rather have root canal surgery once a week than create the budget.” Ouch! Why is this such a dreadful time of year? The year is making the turn to[]

8 Ways to Get Prepared During Budgeting Preseason

Like baseball has spring training and football has training camp, budgeting has its own preseason. It’s the time before the crunch that property managers and administrators prepare for planning the next year’s budget. Or at least they should be. Never mind the two-a-days, budgeting preparation shouldn’t be that exhausting. But advance preparation should be spent getting[]

Financial Budget Variances

4 Areas to Focus on to Better Understand Financial Budget Variances

Being able to manage the leasing, residents and staff are critical functions of a good property manager, but often I hear from regional managers and other leaders in the multifamily housing industry that managers are good at running properties, but don’t fully understand how to read a financial statement. Understanding financial budget variances in property[]

property budget

Three Keys to a Successful Property Budget Review

A budget is your vision of an asset and a forecast of potential earnings. While creating a portfolio or property budget, our deniable need to put everything under the microscope to review and analyze blurs the view. As we try to ensure that values tick and tie, we can miss the big picture. So where[]

budgeting

Best Practices to Put Budgeting Expenses On the Right Track

Projecting revenue may only seem like the hardest part of multifamily budgeting.  The reality is that more mistakes are made in planning operating expenses, and those miscues can cause some unnecessary angst explaining variances to owners each month. Getting the numbers right requires thoughtful planning and goal setting, and sometimes a little luck. But planning[]

multifamily budgeting

Softening the Time Crunch of Multifamily Budgeting

The multifamily budgeting process doesn’t have to consume so much time How much time do you spend each year preparing for and executing the budget?  If you sat down and really analyzed it, you would be pretty shocked. Multifamily and other home leasing segments have made great strides in modernizing operations, marketing and accounting practices[]

multifamily-budgeting

5 Multifamily Budgeting Myths Debunked

“Budgets were originally designed as control mechanisms. As such, they are traps …” ― Stephen Bungay, “The Art of Action: How Leaders Close the Gaps between Plans, Actions and Results” Budgets are effective tools if implemented correctly. Understandably, they are large undertakings and require a lot of time and planning. The challenge is that good[]

Budgeting Multifamily

Responding Quickly to Financial, Operational Trends Key to Healthy Budget Performance

Financial trends above or below the expected budget can be tricky to diagnose. Fluctuations within a budgeted expense or revenue category that happen because of abnormalities or for other reasons make managing the bottom line more challenging. Responding quickly with a solution to offset the peaks or valleys in actuals versus the plan is important[]

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