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[]

Using Revenue Management to Determine ROI on Renovations in Multifamily

Using Revenue Management to Determine ROI on Renovations in Multifamily

As discussed in RealWorld 2018 sessions  Rehabbing a property no longer means applying a fresh coat of paint on the outside and new carpet throughout. In today’ highly competitive multifamily world, an upgrade is sometimes the complete transformation of an asset, down to the studs. Renovations in multifamily are the new reality and they are[]

User Management Made Simple with a Unified Platform

As discussed in RealWorld 2018 sessions  RealPage has been on the cutting edge of rental housing software for over 20 years. Now, it’s consolidating all of that innovation into something special. It isn’t a product or solution. It’s a new philosophy, called Unity, that will change how the rental housing industry experiences RealPage. One of[]

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[]

The Next Generation of Multifamily Document Management

From paper clips to file folders, and filing cabinets to computer systems, the process of storing, managing and organizing documents is as old as paper itself. And in real estate, managing documents like contracts and vendor agreements is crucial to running a healthy business—especially when you’re dealing with multiple units as multifamily does. It’s precisely[]

Senior Industry Trends: Boosting Speed-to-Lead

As discussed in RealWorld 2018 sessions.  A question many senior property management professionals may ask themselves is, “When it comes to leads, why are we still struggling with occupancy?” As with most business challenges, there’s not just one, but several reasons for this: there just aren’t enough leads to meet the supply; the leads you[]

data science

Data Science Techniques for Real Estate

As discussed in RealWorld 2018 sessions  Most people won’t argue with you about the importance of data. There are more data sources now than ever before, and we know we need to tap into them—but collecting the right metrics, interpreting properly and translating into business decisions that improve results is another story. Savvy property management[]

Creating Interactive and Risk-Free Content for Multifamily Websites-1

Creating Interactive and Risk-Free Content for Multifamily Websites

As discussed in RealWorld 2018 sessions  You see it everywhere—animated logos in Times Square, digital billboards at the mall, streaming ads on internet banners. Moving images are the advertiser’s medium of choice, and marketers from all industries have made plenty of headway. So when property managers rely on still footage in 3D floor plans and[]

How Mitigating Vendor Risk is Simplifying Property Management

How Mitigating Vendor Risk is Simplifying Property Management

Nearly every property manager can relate to – or at least empathize with those who have experienced – the middle-of-the-night emergency plumbing breakdown. It’s when the phone rings at 3 a.m. and a resident is ankle deep in water. Only this time, the property management company’s go-to emergency plumber is slammed and a frantic search[]

Reducing Risk and Avoiding Pitfalls Through Utility Billing Compliance

Reducing Risk and Avoiding Pitfalls Through Utility Billing Compliance

Understanding the complexities and rules for resident utility billing is a challenge. Passing along water, electric, gas and other utility charges to a resident, either separately or as part of monthly rent, is loaded with administrative twists and turns, not to mention regulatory headaches, that can erode resident satisfaction if not managed right. The key[]

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