Property Management

Property management involves the processes, systems and manpower required to manage the life cycle of rental housing properties, including acquisition, control, accountability, responsibility, maintenance, utilization and disposition. There are many facets to this industry and profession and PMI covers them all.

Power in Disruption: The Best User Conference in Multifamily Just Got Real

RealWorld 2015 User Conference The 2015 RealWorld User Conference was equal parts inspiring, educational and fun–a true breakout event for the multifamily housing industry and diversion from the RealWorld User Conferences of old. With sunny San Diego as the backdrop, the conference featured big brands like Yelp!, Marriott, Zillow, The Home Depot, HomeAway and StayAlfred. Over[]

Tree Health

The Root of the Problem: Paying Attention to Tree Health

Research shows that the presence of trees in a community encourages people to be more physically active, and, in general, affects their attitudes and behaviors. In addition, leafy and healthy trees can make a big contribution to the well-being of an apartment community, providing a great aesthetic value for residents. The big, tall oak may[]

Drone Technology: Taking Property Management to New Heights

Marketing properties through drone technology is no longer a fly-by-night operation. Once considered too futuristic for everyday business applications, drones or unmanned aircraft systems (UAS) are fast becoming a household item. It’s now possible to use a much smaller form of the robotic flying devices, mostly known for their stealthy military uses on a much[]

What’s New: How Analytics Offer a View of Apartment Operational Performance

The apartment industry is getting more savvy about using big data to better evaluate operating performance. New technology is making better sense of the abundance of information that is emerging every day from multifamily housing portfolios small and large. Software solutions that integrate with apartment management platforms are capable of analyzing more information so that[]

Ways to Retain Residents with New Technology

Floorplans, tile and carpet choices and color schemes done right can be eye candy for prospective residents when touring apartments. But there are other amenities that can leave powerful, lasting impressions with prospects. Room temperature, door locks, irrigation and security systems that can be controlled by smartphones, plus water-saving devices, are some simple, readily accessible[]

Ruling on Disparate Impact Opens the Door for More Claims and Cases

The Supreme Court’s landmark decision on whether the Fair Housing Act supports the concept of disparate impact in housing discrimination cases is likely to open Pandora’s Box. The 5-4 ruling in June means a run on new and pending claims, housing industry experts say. In an attempt to clarify a long-standing issue, the high court[]

home decor

Model Misbehavior: What to Avoid to Sell More Prospects

Apartment models can leave a lasting impression with potential renters, making the difference between securing a new lease and watching the one that got away. Models staged to meet current trends and designs are more inviting to prospective residents, say apartment industry style gurus who presented at the recent National Apartment Association’s Education Conference &[]

Making the Most of Mobile: Russ Webb on Leveraging Tablets and Apps

Today’s mobile devices are amazing … but are you making the most out of it? Russ Webb bets not. That’s why he’s on a mission to share how tablets and smartphones can increase productivity and do just about anything possible. Webb, vice president of the Atlanta and Georgia Apartment Associations, spreads the gospel by teaching[]

How Google Changes Will Impact Online Marketing of Properties

Cross-Device Measurement, “Native Ad” Simplification and Automation of Deal Terms to Boost Effectiveness of Online Marketing Three important changes coming online at Google are going to help savvy property managers more effectively advertise, evaluate results, and even ensure their advertising agreements are accurately carried out. Share the following information with your marketing people to be[]

Hold the Phone: Why Pricing Calls Work with Revenue Management Systems

In the past, price setters have relied on weekly or periodic calls with on-site staff to finesse rates to drive traffic and secure leases. Today’s software systems, however, do much of the legwork by helping determine rates based on daily and historical market trends and other factors. In turn, they reduce the number of hours[]

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