Author Archives: Joe Bousquin

UDR Pushes Online Renewals to 80 Percent

After making news last summer for bridging the gap between multifamily marketing and revenue management, Highlands Ranch, Colo.-based UDR has passed another milestone by using technology to rent apartments. Since it started offering the option last July, more than 80 percent of residents who chose to renew leases with the REIT did so online. Tom [...]

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The Poor Man’s RevMan? Meet Market Comps

Think RevMan is just for the big guys? Think again. There’s a new tool out that can help do the pricing for you – sort of – for a fraction of the cost of a full-blown revenue management system. Dubbed Market Comps, it’s the latest offering from the real-time availability experts at Scottsdale, Ariz.-based VautWare, [...]

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Apt World Passes “Point of Vulnerability” Relatively Unscathed

It’s okay, you can exhale now. Multifamily made it past the first quarter of 2011, and the renters didn’t run away. Given the past couple of years in the apartment market, the first quarter of 2011 could have gotten pretty scary. A lot of leases written in early 2010, when prices were still relatively sluggish, [...]

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Taking Stock: Firms Using RM

The following represents what we believe to be the most comprehensive accounting of multifamily firms using revenue management ever compiled. Not all of these firms are at the same point in the adoption curve. Some are multi-year veterans who long-ago rolled RevMan out to their entire portfolio. Others may still be in pilots, with just one or two properties [...]

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