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Regardless of your pet policy, it is fine to charge a pet deposit or fee, as long as you allow residents to have service animals.
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ApartmentRatings.Com

Jan 23
2012

A Resident's Expectations

Posted by Buildium LLC in Residents , Resident Satisfaction , Resident Retention , Rent , Property Management Companies , Property Management , Lease Agreement , ApartmentRatings.Com , Apartment Maintenance , Apartment Industry , Apartment Community , Apartment , Accounting

Buildium LLC
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By Steven Van Zile, Total Management, New York, NY

Within the past 24 hours, here are the maintenance issues I’ve experienced at the property where I reside: the maintenance person, loyal to this building for 33 years, responds to a clogged toilet by advising us to pour bleach down the toilet. Concurrently, the intercom buzzer is stuck and won’t shut off. And, of course, the elevator renovation that started out as a one week project actually turned into a three week project, providing 6th floor tenants the opportunity to save money by cancelling their gym memberships.

It’s always seemed simple to me; as residents, we pay rent, maintenance fees, or mortgage payments and the property management staff provide services for the resident. Building and trust owners hire those property managers based on their abilities to keep churn rates low, vacancy at zero, and tenants happy all at or below a budget designed to re-invest in the property. So what happens when we tenants aren’t happy? Well, in today’s age of instant knowledge and access, a lot of renters turn to rating sites like Yelp or apartmentratings.com to spitefully pen scathing reviews in an attempt warn others. These sites might be seen as a threat, but if you’re really good at your job, more transparency can only help you, and reviews will actually help your business grow.

Jan 20
2012

Social Media means having our residents market for us. Don’t be scared…

Posted by Matthew Hartman in Twitter , Technology , Student Housing , Social Networking , Social Media , Search Engine Optimization SEO , Property Management , MySpace , Multifamily , FourSquare , Facebook , Brand Monitoring , ApartmentRatings.Com , Apartment Residential , Apartment Marketing , Apartment Leasing , Apartment Community Website

Matthew Hartman
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It seems like over the past five years or so, an infinite number of marketing channels have emerged. We bought pages on listing sites, then we created our own property websites.  Now web pages are generated for our property just by having a resident “check in” on Facbook or Foursquare.  Seriously!

 This makes it extremely challenging for an apartment community to have one coherent brand on the web. So what’s a marketer to do?

Sep 06
2011

ApartmentRatings.com follow up: 10 tips for managing your ratings.

Posted by Bill Szczytko in Resident Satisfaction , Resident Retention , Multifamily , Customer Service , ApartmentRatings.Com , Apartment Marketing , Apartment

Bill Szczytko
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This is such a heated topicWrite an article about ApartmentRatings and the conversation will get heated in no time. People are passionately for or against responding. For this follow up post I wanted to dig deep and see how other companies are handling their ApartmentRatings. I gained lots of insights but the one thing I found myself doing more than anything was laughing out loud... a lot.

Some of these ApartmentRatings reviews are funny.

Some of the reviews and even titles are hilarious:

"wore-out, cockroaches, and take advantage"
"Worst apartment every lived in"
"It's Like Living In a Horror Movie But It Never Ends"

Who knew people were this funny? Alright seriously.. let's get to it. Here are some tips for responding, trying not to laugh, and when to say enough is enough:

Aug 29
2011

Reasons why managing ApartmentRatings.com is no longer optional

Posted by Bill Szczytko in Social Media , Multifamily , ApartmentRatings.Com , Apartment Marketing , Apartment Community Website , Apartment Community

Bill Szczytko
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Mention ApartmentRatings.com to a crowded room of multifamily people and you'll clear it faster than I can while presenting a Powerpoint. We despise this site, loathe it. The anonymous posts, the drunken rants, the vile tongue lashings, the terrible misspellings and sentence structure, and the truth. Hey wait, did I say truth? Yes.. but I'll get to that part later.

People are crazy. Embrace it.

People are crazyWhen people mouth off online they do it for a reason. Some people have stopped taking their medications and others do it because your business has affected them in some way. It's the second part that's worth talking about. Let's take a fast quiz. What's your true/false answer to this statement?

Only unhappy people post reviews.

This is false. According to a survey commissioned by Forrester on behalf of TripAdvisor "The number one reason travelers cite for writing a hotel review is to “share a good experience with other travelers." People want to tell others about the fun they've had or the good experiences they've shared. It's like the east coast earthquake from this week. Did you notice how many Tweets or Facebook posts sounded like this: "Hey did you feel that?" "Yeah I felt that!" "So did I!" People feel validated when they've all shared the same experiences.

Aug 23
2011

An inconvenient truth about consumer reviews

Posted by Tammy Kotula in Twitter , Technology , Social Networking , Social Media , Search Engine Optimization SEO , Residents , Resident Satisfaction , Resident Retention , Property Management Companies , Property Management , Multifamily Insiders , Multifamily Executive , Multifamily , Lease Renewal , Facebook , Customer Service , Communication , Brand Monitoring , ApartmentRatings.Com , Apartment Search , Apartment Marketing , Apartment Leasing , Apartment Industry , Apartment Community Website , Apartment Community , Apartment

Tammy Kotula
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I know consumer reviews are scary.  Trust me.  Having worked in public relations my whole life, user-generated content that can disparage a brand I’ve been working years to uphold, has kept me tossing and turning more than one night.  Something you used to have control over is not totally in your hands anymore: your public image (e.g. branding, advertising, marketing collateral, and even to some degree, the press being generated about your company).  Sure, people could complain about your property, but that was typically somewhat contained.  Today, anyone can publicize their praise or contempt for your brand by going online.  What’s worse than consumers finding it?  Consumers looking for it, especially renters.  In fact, 58% of renters, who are also active on social media, told us at Apartments.com they search for additional apartment information and recommendations online when looking for a new place to live.

 

My name is Tammy Kotula, and I’m addicted to review websites

Jul 25
2011

Customer Service Isn’t Just Dead… It was MURDERED!

Posted by Tara Furiani in Twitter , Social Networking , Social Media , Residents , Resident Satisfaction , Resident Retention , Property Management Companies , Property Management , Multifamily Insiders , Multifamily , Facebook , Customer Service , Communication , Blogs , ApartmentRatings.Com , Apartment Training , Apartment Marketing , Apartment Leasing , Apartment

Tara Furiani
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I hate being reminded that general common courtesy (as well as common sense, a lot of the time) is just NOT common anymore. I’m left, after numerous interactions and transactions on a daily basis, scratching my head wondering where the service is. Is it just acceptable now to provide sub-par service? Is it OK to be rude to a customer? Is it just no longer a focus of companies to provide training for and more so, demand their employees provide good service? I’m truly beginning to wonder.

Let me tell you about the kind of day I had… it started with Kohl’s department store. Many of you know that Paul and I are expecting our very first baby, Luke! We’ve had sort of a tumultuous pregnancy and after a scare we quickly realized we needed to start buying the essentials. On Sunday, I noticed that Kohl’s was having a sale… I also had a coupon for 20% off and free shipping (which ended that same day). While browsing their site I’d found several things we needed and promptly scooped them up (along with some savings). This morning, however, I’d received an email saying that they cancelled my order, with no further information.

Jun 22
2011

Property Management - Let's Talk Bare Necessities

Posted by Buildium LLC in Student Housing , Residents , Resident Satisfaction , Resident Retention , Renovation , Property Management Software , Property Management Companies , Property Management , Occupancy , Multifamily , Model Apartment , Lease Agreement , ForRentByOwner.com , Foreclosure , Fair Housing , Customer Service , Craigslist , Construction , Business Center , ApartmentRatings.Com , Apartment Residential , Apartment Maintenance , Apartment Leasing , Apartment Industry , Apartment Community , Apartment , Amenities

Buildium LLC
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By Colin McCarthy, J.D., Robinson & Wood, San Jose, CA

In my last entry, we discussed how it was possible in this great country of ours that a burglar could sue a property owner for injuries he sustained while robbing that same property owner.  In my next entry, we will discuss why it is in the fine state of California that a tenant can sue his landlord for injuries sustained on the property which are inflicted by criminals.  But in this entry, I will get a little more practical:  we will discuss just what your responsibility is to your tenants regarding the liveability of the unit.

May 23
2011

Setting Your Rental Rates

Posted by Buildium LLC in Student Housing , Residents , Resident Satisfaction , Resident Retention , Rent Concessions , Renovation , Property Management Software , Property Management Companies , Property Management , Occupancy , Multifamily Investing , Multifamily Executive , Multifamily , Model Apartment , ForRentByOwner.com , Craigslist , Closing Ratio , Business Center , ApartmentRatings.Com , Apartment Search , Apartment Residential , Apartment Marketing , Apartment Leasing , Apartment Industry , Apartment Community , Apartment , Affordable Housing

Buildium LLC
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By Geoff Roberts, Buildium, Boston, MA

When determining rental rates, you want to strike just the right balance between maximizing your profit and remaining competitive in your local rental market. Following are some tips for finding that magic number.Rental rates

May 03
2011

What Does Your Online Reputation Say About You?

Posted by Tracey Lott Heitzman in Twitter , Technology , Social Networking , Social Media , RSS , Residents , Property Management Companies , Property Management , MySpace , Multifamily Insiders , Multifamily Executive , Multifamily , Facebook , Customer Service , Brand Monitoring , Blogs , ApartmentRatings.Com , Apartment Training , Apartment Marketing , Apartment Leasing , Apartment Industry , Apartment Community Website , Apartment Community , Apartment , Amenities

Tracey Lott Heitzman
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Have you noticed the little yellow review stars appearing in Google search results?   Google is picking up reviews from various places on the web, and inserting them into the RESULTS pages. This means thatbefore a prospect even decides to click on your website, they are seeing a rating of your community— assuming one exists.  I don’t know about you, but those little stars influence what I click on!

Historically apartment communities have had a policy to ignore reviews in regards to online reputation management (ORM).   However, it is important to take the opportunity to listen— and even respond— to what residents are saying online because the conversation is happening whether you choose to participate or not.

What is ORM?

Apr 11
2011

Welcome Spring to Your Property

Posted by Buildium LLC in Resident Satisfaction , Resident Retention , Renovation , Property Management Software , Property Management Companies , Property Management , Multifamily Insiders , Multifamily , Customer Service , Checklists , ApartmentRatings.Com , Apartment Residential , Apartment Maintenance , Apartment Community , Apartment

Buildium LLC
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Though it may not seem like it quite yet depending on where you live, believe it or not, we’re officially a couple of weeks into spring. Over the past two years, we’ve blogged about winterizing on an annual basis. As with the winter months, you’ll want to welcome the spring season with a bit of property maintenance and some minor adjustments (and repairs, if necessary). Happily, the transition from the cold months to the warmer ones tends to be far more simple than getting ready for winter.

Throw open the windows.
Welcome the sunshine by opening up those storm windows, which have been shut tightly during the winter months. When the storm windows go up, the screens should go on—make sure that screens are installed properly and are in good repair. While you’re working on the windows, check for rotting along the window sills and make any necessary repairs.

Check air conditioning units.
Before you know it, it will be time to kick the air conditioning into high gear. Take care of preparation work now by making sure all air conditioning systems (whether it’s central air or window air conditioning units) are serviced and ready to go so that when the first heat wave rolls around, you’re ready for it. A word about window air conditioning units—they can be a bit tricky to install properly (and safely). With this in mind, consider sending out a memo to let tenants know your maintenance team will take care of installations to avert over-anxious tenants from taking matters into their own hands once the warm weather materializes.

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