@mbrewer
Apartment Management Fees to be paid on Economic Occupany
@mfguide posted the following tweet this morning – “We are now paying mgmt fees based on economic occupancy and #units Curious to know how MF friends respond.”
I have to say, I see the absolute logic in this and in the same respect see the value a property management firm brings to both the top line and ancillary services.
I am interested to hear the over-arching reason for moving this direction.
And, what are the thoughts of the community – please leave your feedback in the comments below.
Using Facebook to Rent More Apartments
A ton has been written on the topic of Facebook as it relates to renting apartments and I don’t intend to belabor the point.
Rather, I am curious to hear from our readers; What is/are your biggest struggle with it? What are your biggest successes? What would you tell someone who is thinking about starting a like page?
I appreciate any discussion we get going here – even the brief ones.
Regional Manager – Property Management
What are the three core responsibilities of a today’s Regional Property Manager Role?
I could have used Twitter for this and in the same respect I hope to open some good conversation in the comment section. So, be brief or be long winded – I think it will all be valuable stuff. Times are good and times are changing…
Hope your week is a compelling one –
Apartment Marketers – Stop the C[r]ap
I ran across Stop the Cap this evening while reading some blog post and Google alerts. At the risk of causing discord with the fine people over at Mid-America – I have to ask, is it really worth it? I recognize the value in exclusive marketing relationships and revenue shares and advocate them myself but this one seems very anti-resident. In jest, I kind of wish I had a few Mid-America communities in my various sub-markets, I could use a few occupancy points.
Maybe the story has it all wrong and if so my apologies for drawing a spotlight to it. However, if it is valid the following excerpt really sums up the downside:
Mid-America earns a significant kickback bonus from Comcast for mandating cable service on all of its renters. That upsets many renters who choose not to have cable service, or subscribe to a satellite provider like DirecTV or DISH. The $40 fee doesn’t go away if you don’t want the service. Earlier in July, Stop the Cap! covered Mid-America’s mandatory cable service introduction in other parts of Tennessee and Texas.
My question comes in the context of an era of social media – did anyone consider the potential for bad buzz?
What does the community think? Good idea? Bad idea? Other points?
Be gentle –
Quote for Property Managers
I love quotes – every now and then I like to share the ones that really move me and I think that will move you too –
Business has been crazy as of late and the blog has been left to suffer. Not good for a number of reasons and in the same respect I appreciate the time to focus. That being said, thank you for the various emails some of you have sent questioning the next post. In some ways – it’s a good precursor to the quote I want to share.
“Until you value yourself, you won’t value your time. Until you value your time, you will not do anything with it.” -M. Scott Peck
Could I take that one step further in the way of being a leader in the Property Management Space?
Until you value your time you won’t value the time of others either.
Being on time is huge in the eyes of others – if you make the commitment – be there.
What are you doing with your time as it relates to others?
