Apartment Budget Conversations: The Courtesy Officer Concession
Photo by Fred Moon on Unsplash
In our recent discussion on apartment budgeting, I delved into two pivotal concession line items: new and renewal concessions. These concessions play a crucial role in acquiring new leases and boosting retention rates. Over the coming weeks, I’ll explore various other discounts categorized as concessions. I invite you to join the conversation by leaving comments, tweeting, sharing, and more. Today, let’s discuss the “Courtesy Officer Concession.”
What is the Courtesy Officer Concession?
At its core, the courtesy officer concession aims to attract and retain both on-duty and off-duty uniformed police officers. In essence, officers are offered a rent discount in return for specific services. The scope of these services is clearly defined in advance. Here are some tasks that might fall under an officer’s purview:
- Conducting nightly patrols of the property.
- Identifying and tagging vehicles that are illegally parked, inoperable, or have expired license plates.
- Compiling daily reports, highlighting issues such as property lighting or incidents during a shift.
- Ensuring amenities like the Fitness Center, Laundry Rooms, and Pools are securely locked every night and monitoring the office for suspicious activities.
- Regularly inspecting the entry gate, noting any damages or times when it’s found non-functional.
- Keeping the management informed about crimes in or around the neighboring area.
- Upholding a consistent, approachable, and professional presence in the community, regardless of duty status.
While this isn’t an exhaustive list, it provides a comprehensive foundation if you’re considering this initiative for your property. The concession’s value can be calculated based on an hourly rate, a flat rate, or a per-project rate. However, any resulting discounts will be recognized as a courtesy officer concession.
Final Thoughts
Offering concessions in return for services from uniformed officers can be an invaluable addition to a community.
