Rent Optimizer Systems- Good For the Industry or Not? Post your experience

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13 years 3 months ago - 13 years 3 months ago #6897 by Myka Staryk Monson
13 years 3 months ago - 13 years 3 months ago #6897 by Myka Staryk Monson
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13 years 3 months ago #6904 by Lawrence Berry, CPM
Very enlightening and informative from both sides. Seems many companies are struggling with this, and depending on the market may very well be the factor if it is a success or not...not just on how they are doing it.
13 years 3 months ago #6904 by Lawrence Berry, CPM
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13 years 3 months ago #6906 by Luke Scala
Thank you for the post, it's an interesting question. It should be noted that each of the available pricing systems take a different approach (not all are built around the transient occupancy of an Airline Seat or Hotel Room, though that is one approach).

Ideally a pricing system should both increase your revenue and allow your onsite staff to focus more on leasing and taking care of your residents.
13 years 3 months ago #6906 by Luke Scala
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13 years 3 months ago #6907 by Lawrence Berry, CPM
Agreed. Some drive occupancy, others drive revenue, and both will probably tell you they do both. You would believe that the occupancy would also drive revenue (which it can), however, the question is which drives revenue the greatest without sacrificing some of the identifiable points you made earlier. Got me to do some research into the different service providers and their products. This is extremely timely as a position I am currently looking at is related to revenue analysis for a company and they I believe use both. Not sure why, but we'll find out.
13 years 3 months ago #6907 by Lawrence Berry, CPM
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13 years 3 months ago - 13 years 3 months ago #6908 by Myka Staryk Monson
13 years 3 months ago - 13 years 3 months ago #6908 by Myka Staryk Monson