Property Management News
Renters make small decisions fast. Before they ask about the lease terms, before they compare the square footage, before they picture where the sofa might go, they’ve already started scoring the property. The street. The parking. The walk to the door. The smell in the hallway. The light at the entry. The way the building number looks from the curb. Landlords often think the showing starts when the door opens. Renters know better. The show starts when they slow down in front of the building and wonder whether they’re in the right place. Those first five minutes won’t save a bad unit. But it can absolutely weaken a good one. The showing starts before the unit door Would friends circle... Read more
Stop “Showing” Apartments. Start “Experiencing” Them! Are your leasing agents just glorified key-holders? If your standard tour consists of...
Key Takeaways Miami saw the largest rent increase among major U.S. cities, with average rents rising 53% since 2020 to reach $2,645 in January. Fast-growing Sun Belt...
A new survey of renters shows speed and ease matter the most in the renting experience at the same time long-term renting is becoming a deliberate housing strategy for...
KEY TAKEAWAYS Rental fees are increasingly regulated to address high upfront housing costs. Caps on application fees and security deposits are now common in several...
Up-front rental costs — from application fees to broker commissions — are adding thousands of dollars to move-in expenses, exacerbating affordability challenges for renters nationwide. According to a recent Harvard Joint Center for Housing Studies report, these fees can pile up quickly, particularly when prospective tenants pay multiple fees while applying to several properties. Last year, over half of renters submitted two or more applications, each potentially accompanied by application fees, security deposits, broker charges and first/last months’ rent. In response, a growing number of states and municipalities have introduced legislation to cap fees, regulate when... Read more
Key Points Nationwide, 16.6% of stabilized apartments offered concessions in January, according to RealPage Market Analytics. That’s an increase from December as...
The year started on a promising note for apartment hunters as the national rental market has cooled off slightly, at least on paper: The U.S. competitiveness score...
Not long ago, the apartment search looked like this: open Google, type “apartments near me,” scroll through a handful of listings, and schedule a tour. That funnel...
Most multifamily marketers know the obvious fair housing violations. No one’s writing “singles only” in a listing description. But the violations that...
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