Occupancy Solutions, LLC Successfully Brings Client Occupancy Rate from 54% to 100% in Just Two Months
High resident retention shows that your community management team is one that keeps residents happy and a priority, and some community management team traits can help to keep residents leasing over and over again. 5 traits that encourage resident retention are:
Long gone are the days of scouring in-person classified ads when someone is looking for a new place to call home. Potential residents aren’t picking up the local papers as often anymore, and instead, they’re taking to the internet as an all-knowing, all-seeing, and all reviewed resource to lead them into their new community. Online, they can find the new community of their dreams from the comfort of their own home and feel confident in their decision to visit by also researching reviews and first-hand experiences. What this means for today’s community management teams is this – it’s never been more important to be visible on the internet.
Community activities help to build that organic sense of true community that is so important to management and residents alike. Summertime is the perfect time to embrace the power of community activities, and 5 perfect activity ideas for this season include:
Even when visits and tours seem to go well, objections are like to come up between management and potential new residents. With the right tools in overcoming these objections, they can be viewed as speedbumps, rather than high hurdles, and they can be managed to leave both the community management team and the prospective resident happy in their resolution. We at OccupancySolutions.com want to outline a few of these common objections and how you can work them out to come to a pleasing solution for you both:
As summertime rolls around for your community, it’s time to start thinking about the activities you could plan to bring your community together. A strong sense of true community builds loyalty and spirit, and there is no better way to organically grow this feeling than with shared fun activities that all community members are invited to participate in. For the summer months, a community-wide cookout for residents and management alike is a great way to build this relationship, and 5 tips on hosting a summertime community cookout are:
For community management teams, social media is a marketing tool that one can no longer afford to live without. More and more, people are going to the internet first to search for new communities, and one of the first places they often go is on their social media platforms to scope out a new place that may be a good fit for them. For management teams, adapting to this new technology may seem daunting, but there are many pros they should consider before deciding that social media may not be for them. The pros of using social media to market for your community include:
Spring and summer are the two most popular times of year when folks are looking for a new community to join. In the fall, many are preparing for winter, and in the winter, many find that the weather makes a move more difficult, so they wait for spring and summer to have the easiest transition to a new space possible.
Imposters who claim to be disabled so they can have an "Assistance Animal"
600,000,000 users are currently active on Instagram worldwide, and this platform is becoming one of the fastest growing social media platforms out there today. For property management teams, this means that there is a resource out there that you can’t afford to pass up, but being overwhelmed by the idea of branching out into Instagram for your brand is understandable.
Your brand is your symbol, it’s what creates the entire feel and atmosphere that surrounds your community and what people think of when they think of you. For this reason, it’s undoubtedly important to put a lot of care into creating your community or property brand, but that doesn’t mean it needs to be an overwhelming task.
Resident retention helps management teams to save on their bottom line and create that genuine community feel, so it’s easy to see why it’s such a sizable goal for management teams of all types of communities.
Building a community spirit is incredibly important to resident retention, but how can a management team go about building that community spirit in a way that is organic, genuine, and unforced?
Making a good first impression with the space new community members are moving in to is important for resident retention, and if your residences have carpet, this should be your first focus point.
Whether you’re showing the actual residence a potential new community member will lease, or a show residence that’s already furnished and staged, preparing residences for new occupants is important.
In today’s modern social media age, no brand can afford to go without Facebook. When prospective residents, customers, patrons, or any interested party looks up a brand on the internet, they’ll often look for a website, reviews, an a Facebook page as their online base of what the brand is all about.
The Importance of Human Resource Training
Being the most important element of any organization, the training for Human Resources is of absolute importance and necessity. From hiring new employees to handling the exit interviews, Human resources...
Interviews with potential residents are really two-sided. You are making sure that they will be good renters, follow the rules of your community, and can afford the rent. They are making sure that your rental is a place they want to call home. The interview process is crucial and sometimes potential renters will ask some pretty tricky questions. Here is a guide for how to answer those tough ones that you are commonly asked.
Your listing photography is the first introduction to your potential renters. The very first thing anyone does before even reading the details of the space is look at the photos. If the photos aren’t good, they’ll quickly move on to the next listing without even giving your rental a chance. So it is essential that you offer up great listing photography to engage potential renters and entice them to learn more. There are some pretty common mistakes property managers make when creating listing photography, here are the five most classic mistakes to avoid:
First impressions can have a lasting impact, so it is essential that when you are ready to show your rentals, that you stage them properly. Staging can make or break the interest in a space, so you need to be smart about how you set things up. Also, you want to make sure that you stage things cost effectively and spend money where it has the most impact. Here are five essential tips for staging a rental property to attract new occupants.