Speed Up Lease-Up with Live Tour Software
Realync clients consistently see significant increases in lead conversion rates and a faster lease-up phase.
Speed up lease-up
by providing construction updates and showcase your space without having to do hard hat tours.
Pre-lease occupied units
by ‘showing’ them without having to physically tour the space by sending pre-recorded videos.
Convert a higher percentage of your leads into leases
when you receive notifications when prospects are viewing videos to cater your follow up.
Spend less time to close each lease
by removing roadblocks and barriers in the leasing process.
Increase sight-unseen leasing
by making it a breeze for out-of-market leads to choose your community.
Improve Community Engagement
Promote your programs better
via pre-recorded videos by linking via social media or internal apps
Decrease maintenance key-ins and requests
by creating maintenance videos
Reinforce community rules
by receiving notifications when residents are viewing videos to know who has seen a message and who hasn’t
Reduce repetitive questions
because consumers retain 10% of a message when reading it via text, but 90% of a message when viewed in a video
More Than Software
for every property Realync is implemented at
Stop the ad hoc video efforts
going on at properties with one set, standardized process and platform
Track usage, engagement, content
being created, and more from the corporate level
Work with the Realync team
to create the training program to be rolled out across all properties
Multifamily News by State
Real estate news in California reveals that sales have been up since August 2018. The growth in sales numbers has been as a result of low priced segments, making the real estate industry in California attractive to investors.
However, this has also led to increased supply, a factor that has contributed to the throttling of sales numbers. Although mortgage rates are dropping, experts predict an overall rise in rent prices.
The multifamily market in Arizona has been characterized by increased investment activity as well as active sales. Prices have also spiked as more expensive projects changed hands. If Arizona real estate news is anything to go by, vacancy rose 50 basis points due to an increase in the completion of new developments. The market segment has also seen a rise in asking rents, with construction expected to remain active.
Although the demand for apartments in Florida remains strong, there was a significant decrease in multifamily deliveries. Demand is generally attributed to a high population, continued employment gains, and rising cost of homeownership. Based on Florida real estate news, annual absorption surpassed inventory growth. This has pushed occupancy higher by up to 30 basis points, making Florida an attractive real estate investment destination.
Multifamily development in New Jersey is changing rapidly. Today, municipalities are softening their anti-apartment stances in a bid to have their workforce housed near downtown. Some of the challenges that investors are likely to face in the near future are slow rent growth and troublesome real estate taxes. Reports by real estate news NJ indicate that municipalities are keen on incentivizing development. This means that the rush to build a multifamily unit in New Jersey is expected to continue, more widespread than in the past.
Before venturing into Los Angeles multifamily development, it is necessary to analyze the different factors that affect the market. A clear understanding of the ever-changing dynamics and emerging trends will help investors and leasing agents alike to make informed decisions.
The growth of multifamily development has made it necessary to have multifamily associations. These associations benefit not only builders, managers, developers, and housing providers but also ensure quality rental housing for the benefit of tenants.
These are member organizations that make it possible for dedicated members to use each other for their business needs. The associations also collaborate with other industry partners to organize luncheons, classes, and conferences. An example would be the National Apartment Association’s Apartmentalize multifamily conference 2018 and 2019 that sought to bring awareness about opportunities in the industry.
A multifamily executive conference plays a vital role in educating and informing multifamily professionals on ways to promote quality rental housing and how to stay at the top of their game. Part of the training will involve courses on legal responsibilities, fair housing, marketing, property maintenance as well as fiscal and risk management. Members can also benefit from training on issues such as how to run an effective maintenance program and handle the latest in smart home tech. Multifamily owners who manage their personally-held multifamily properties will learn how to balance their different roles, including being the financial officer, public relations specialist, administrator, operations manager, and marketing director. A multifamily executive leadership summit can help leasing professionals improve their marketing strategies and skills in closing sales, preparing lease agreements, lease renewal, and understanding resident issues.
There are many more ways in which members can benefit from these associations and conferences. Apart from educating and training members on various issues, multifamily associations are also platforms through which professionals can stay updated on the latest industry trends. For instance, multifamily housing conferences 2019 are designed to provide information on the growth of the industry, multifamily lending rates, rent growth, demand for apartments as well as supply and absorption. This information makes it easier for developers, investors, and property owners to identify the opportunities available, prepare to take advantage of these opportunities, and determine the right time to invest their money.
There is no doubt that real estate is a good place to invest your money.
However, you must familiarize yourself with how to analyze multifamily investment opportunities to establish whether the property will deliver favorable returns. Some of the benefits of investing in real estate are that it makes for a great source of passive income, it is a good way to diversify investments for stability, and it is associated with several tax advantages. Real estate investment is a renewable source of capital, an effective hedge against inflation, and ensures increased cash flow for the investor.
Multifamily investing also offers its own advantages when compared to other types of real estate properties.
With the boom in multifamily development in urban areas, this is a great place to invest your money. One of the benefits of multifamily investing is that the properties come in all shapes and sizes. This offers flexibility, allowing you to live in one unit and rent out the others, a factor that makes it easier for you to access financing. In terms of cost, multifamily properties will generally cost less per unit compared to single family homes. This means that the amount of money required to invest in the property can actually be significantly lower than other real estate investments. These properties also let you enjoy efficiencies of scale since it is possible to operate up to 100 units with less time and money.
The importance of staying updated on multifamily investing news cannot be denied.
You can take an investing in multifamily properties home study course or join a multifamily association to learn the best multifamily investment strategy. However, you will still need to be aware of the latest emerging trends. Some of the best ways to ensure you are updated include reading property magazines, using online resources, and joining a network of builders and investors.