Monday, July 1, 2013
The Guide To Successfully Turning Units
While researching unique perspectives on move-ins and move-outs in the property management world, I kept attempting to resort to a metaphor. Then I came across the origin of the word “metaphor” itself, which means “to carry” in Greek. In the context of a typical metaphor, the “carrying” is referring to the sense of one word to a different word, but I...
Tuesday, June 25, 2013
What does the 2013 Apartment Revenue Management Conference (Sept. 23-25, Turnberry Isle Resort, Miami) have to do with the New York Times and the Dalai Lama? Call it an intense focus on data-driven business solutions.Five years ago only a handful of institutional-sized adopters embraced analytic, algorithmic pricing technology. Now a critical mass of apartment owners and operators large and small...
Friday, June 14, 2013
Let's face it: multifamily revenue management has a lot more to it than merely the software-assisted pricing of apartment units. Yes, we're still all about the application of algorithms to availability, trends in supply and demand, exposure and expirations (not to mention how all of the above is getting crunched by our comps) in order to generate optimal lease rates and terms. As the only...
Wednesday, May 29, 2013
Ask any maintenance technician how they ended up in their current position and inevitably there will be a statement similar to: “I kind of fell into it”. In other words, this job is not one that often lends itself to being a “destination” type career. How often is there a booth at a Career Fair advertising the apartment maintenance field?
Similar to the upkeep required on a swimming pool, a...