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11 Steps to Take Before and During Leasing Season to Maximize Profit and Efficiency

Appfolio

In the residential leasing world, May through September are known as leasing season—with July and August typically seeing the most volume. To make the most of leasing season, property managers, leasing teams, and marketing managers need to be ready for increased demand and commit resources to encourage lease renewals.

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Tenant Turnover Tips for Landlords and Property Managers – Video

Rentec Direct

Tenant turnover is the time between lease agreements when one renter moves out and the next renter moves in. Want to reduce rental vacancy […] The post Tenant Turnover Tips for Landlords and Property Managers – Video appeared first on Rentec Direct Blog.

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Blog Title: The Best Uses for AI in Multifamily Property Management

MRI Software

Enhanced Resident Communication and Support AI powers Chatbots and virtual assistants which have become indispensable for property staff, websites, and leasing offices. This is particularly effective for leasing strategies and marketing campaigns. AI-Driven Resident Retention Multifamily faces an age-old plight: resident retention.

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10 Key Lease Negotiation Tactics for Managing Commercial Properties

Beach Front Property Management

Finding the perfect commercial property for your business is an exciting milestone, but lease negotiations can sometimes feel overwhelming. Negotiating commercial property leases requires careful market research and attention to key terms like rent, lease duration, and maintenance responsibilities. What is a Commercial Lease?

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How to Create Engaging Virtual Tours for Multifamily Units

Beach Front Property Management

Virtual apartment tours have become an indispensable tool for leasing agents, offering a digital walkthrough of properties that allows prospective residents to explore layouts, amenities, and the overall atmosphere from anywhere. Virtual apartment tours focus on showcasing the property to attract interest and engage residents.

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Important Lease Clauses For Landlords

Beach Front Property Management

A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Why Are Lease Clauses for Landlords Required Clear communication is essential in any business, and a well-written contract removes uncertainty. Numerous websites offer customizable lease templates that let you tailor clauses.

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What Is KPI in Property Management?

BetterWho

KPIs Give You: Clarity on performance across departments (leasing, maintenance, accounting, etc.) Occupancy Rate This tells you how many of your rental units are currently leased. A low occupancy rate may mean issues with leasing agents, marketing, or tenant retention. Days on Market How long it takes to fill a vacant unit.