The top storylines in multifamily this week are sustainability becoming a resident requirement, the next wave of CRM capabilities, remote work amenities for residents, revenue recovery, AC maintenance, and rolling out the welcome mat for pets.
Four Stages of Revenue Recovery and Their Success
When faced with delinquent renters, owner/operators and onsite teams can face up to four stages of revenue recovery. The quicker each stage is addressed, the quicker it may be resolved. Early and automated communication with the resident is key to achieving success, and recovering lost revenue.
Industry Trends Report | Week of May 23
The top storylines in multifamily this week are building tenured multifamily teams, streamlining the application process, evictions and onsite teams, changing the perception of renters, GenZ’s effect on multifamily and pet policies to attract renters.
Industry Trends Report | Week of May 16
The top storylines in multifamily this week are expediting evictions to maximize revenue, wireless technology in multifamily, the importance of cybersecurity at communities, Biden’s housing action plan, cost-per-unit jump and the green resident wave.
Information Access Will Expedite Evictions, Maximize Revenue
When it comes to evictions, time is of the essence. Extensions, delays and restarts during the eviction process means lost revenue. To expedite evictions, avoid hiccups and keep delinquency time as low as possible, it’s crucial to know what is causing the delays.
Automating Evictions – It Has to Be a Thing
Given a choice, onsite team members won’t rush to initiate the eviction process on their own. Balancing the business side and the personal relationships can be a challenge. So, why aren’t evictions automated? Why does the process rely on associates who are disinclined to engage in evictions in the first place?
Larry Bellack Joins Possession Parter as Executive Vice President
TAMPA, Fla. – April 4, 2022: Resident Interface, the only comprehensive revenue recovery management solution designed for multifamily owner/operators today announced that Larry Bellack has joined Possession Partner as Executive Vice President. In […]
Industry Trends Report | Week of Feb. 28
The top storylines in multifamily this week are personalization, women in construction, noise complaints, CO2 emissions, CRM and eviction tech.
Industry Trends Report | Week of Feb. 21
The top storylines in multifamily this week are revenue recovery, pet waste, vacancy rates, FCC broadband rule, community connectivity and ESG frameworks.
Industry Trends Report | Week of Feb. 14
The top storylines in multifamily this week are eviction processes, resident retention, pets, rent growth, preventative maintenance and co-living.