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LRO or Yieldstar?
Topic Author
Jennifer Tusch Pasquale
5 years 1 month ago #32634
by Jennifer Tusch Pasquale
LRO or Yieldstar? was created by Jennifer Tusch Pasquale
If you had your choice of bringing LRO or Yieldstar, which platform would you bring to your community and why? I’m familiar with both. I just want to know your thoughts.
Topic Author
Shannon Burcham
5 years 1 month ago #32635
by Shannon Burcham
Replied by Shannon Burcham on topic LRO or Yieldstar?
Lro for sure. It’s much easier to quote a price then pinpointing the exact day of move in to get a price for yieldstar. Just my experience
Topic Author
Ally Jillian
5 years 1 month ago #32636
by Ally Jillian
Replied by Ally Jillian on topic LRO or Yieldstar?
Agreed. Yieldstar is frustrating that way.
Topic Author
Diana Pittro
5 years 1 month ago #32637
by Diana Pittro
Replied by Diana Pittro on topic LRO or Yieldstar?
Neither. Only use Yardi Rent Max. So much more transparent and user friendly.
Topic Author
Courtney Moreno
5 years 1 month ago #32638
by Courtney Moreno
Replied by Courtney Moreno on topic LRO or Yieldstar?
LRO. All day ‘erry day.
Topic Author
Diana Pittro
5 years 1 month ago #32639
by Diana Pittro
Replied by Diana Pittro on topic LRO or Yieldstar?
Cheaper too
Topic Author
Julie Morgan Austin
5 years 1 month ago #32640
by Julie Morgan Austin
Replied by Julie Morgan Austin on topic LRO or Yieldstar?
LRO, so much easier to pinpoint rates based on move in dates.
Topic Author
Lindsay Beyke
5 years 1 month ago #32641
by Lindsay Beyke
Replied by Lindsay Beyke on topic LRO or Yieldstar?
Yieldstar for sure
Topic Author
Louie Torres
5 years 1 month ago #32642
by Louie Torres
Replied by Louie Torres on topic LRO or Yieldstar?
Yieldstar, get that vacant income loss
Topic Author
Carolyn Lamb Steele
5 years 1 month ago #32643
by Carolyn Lamb Steele
Replied by Carolyn Lamb Steele on topic LRO or Yieldstar?
Yield star
Topic Author
Katie Adams
5 years 1 month ago #32644
by Katie Adams
Replied by Katie Adams on topic LRO or Yieldstar?
You can definitely capture a better rate with Yieldstar- but it can be hard to explain. Newer leasing agents will have a hard time selling it and LRO is just SO much easier.
Topic Author
Denise Weems
5 years 1 month ago #32645
by Denise Weems
Replied by Denise Weems on topic LRO or Yieldstar?
LRO. I’ve used both and this one seems to not over react to market changes or other operational changes (new leases, notices, comp rents etc). Yieldstar required a lot of management with daily approvals etc
Topic Author
Michael Johnson
5 years 1 month ago #32646
by Michael Johnson
Replied by Michael Johnson on topic LRO or Yieldstar?
They are both only as good as the person using the system.
Topic Author
Rachel Hammond
5 years 1 month ago #32647
by Rachel Hammond
Replied by Rachel Hammond on topic LRO or Yieldstar?
I prefer Yieldstar
Topic Author
Chad Christian
5 years 1 month ago #32648
by Chad Christian
Replied by Chad Christian on topic LRO or Yieldstar?
Products work differently it depends on what your goals are
Topic Author
Amy Foster Williams
5 years 1 month ago #32649
by Amy Foster Williams
Replied by Amy Foster Williams on topic LRO or Yieldstar?
I've used both. Both are quality products but their success is highly dependent on the parameters you put in place when you set it up and the ability of your leasing staff to embrace that sales approach. Both of these elements are critical and should not be rushed. Settings and training are key!
Topic Author
Brad Wuerer
5 years 1 month ago #32650
by Brad Wuerer
Replied by Brad Wuerer on topic LRO or Yieldstar?
LRO great reporting and ease of use.
Topic Author
Karen Parker
5 years 1 month ago #32651
by Karen Parker
Replied by Karen Parker on topic LRO or Yieldstar?
I don't know anything about Yieldstar, but we use LRO and it is great, plus their support is amazing!
Topic Author
Lena Ramo
5 years 1 month ago #32652
by Lena Ramo
Replied by Lena Ramo on topic LRO or Yieldstar?
Agreed. And It also creates a sense of urgency.
Topic Author
Misty Haskins
5 years 1 month ago #32653
by Misty Haskins
Replied by Misty Haskins on topic LRO or Yieldstar?
LRO. Support team, friendly software and easy readable reports.