Automated Lease-Rent Pricing Solution Takes Guess Work, Emotion Out of Price Setting
Atlanta, GA (PRWEB) November 3, 2009 — Every company is addressing the current market challenges differently; some more aggressively and successfully than others. In late 2008, Lincoln Property Company decided to test a new price setting process to see if it could improve [...]
Tag Archives: revenue management
Lincoln Finds 4.3% Lift with RevMan in Challenging Rental Markets
Maximizing Revenue Management
Using revenue-management programs to optimize rental rates is not a new concept, but perhaps not enough attention has been paid to the experts who make it work in the real world.
The November issue of UNITS magazine will feature an article profiling the Laramar Group and how it uses a pricing manager whose daily duties [...]
Technical White Paper Available – Implementing an Apartment Dynamic Pricing System
Is revenue management just a “black box?” Have the technical challenges been solved in creating a software that can optimize the rent yield in apartment communities? What’s the math behind revenue management? A new technical white paper answers these questions and many more.
In a recently published white paper, “The Implementation of an Apartment Dynamic Pricing [...]
Posted in Featured, Jobs, Miscellaneous, User Experiences Also tagged "apartment management", "Dr. Jian Wang", "pricing system", "rental rates" Leave a comment
Colonial Properties Trust – Gaining value from its Revenue Management System
Can a systemic approach to revenue management improve performance in a declining apartment rental market? Colonial Properties Trust’s experience says yes – with some caveats.
Colonial Properties Trust has 119 multifamily properties with about 32,000 units. The average rent across their portfolio is $803, and the properties average 15 years old. Colonial Properties Trust uses [...]
Posted in Miscellaneous Also tagged Colonial, declining, market, pilot, reit, results Leave a comment
