Welcome to the official blog of Block Real Estate Services, LLC (BRES). BRES seeks to offer insight and news concerning commercial real estate, financial investments, construction and development of the 212 communities we serve locally and nationally.

Wednesday, June 12, 2013

Property Management Tip #8 - Pushing Revenue

Make pricing trends work for you! 
A well-managed property Block Multifamily Group
should set prices more strategically than competitors. 

Price units appropriately and keep up with the competition.  Corporate and on-site teams must be knowledgeable of pricing trends and changes course as needed.  Programs like LRO, Rentpush, and Yieldshare are very successful in automating and managing revenue management initiatives.

Block Multifamily Group
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1 comment:

  1. That's actually true with what you say in first paragraph of the on-site teams being able to be knowledgeable about the pricing trends in your specific area. I know that location is immensely important with renting out for tenants. I'm going to see what property management can do for me with my townhouse. It's too much of a hassle for me to manage that myself right now. These were fantastic ideas to keep in mind by the way!