Page:
1

Topic: Does anyone use Yieldstar? What are the pros and cons of your experiences?

Topic Author

Jon Harvey

Does anyone use Yieldstar? We just rolled it out today. What are the pros and cons of your experiences?

Posted 5 years 4 months ago

Quick Reply Reply Quote

Topic Author

Glenn Evers

It’s a great product, you just need to make sure you are having regular pricing calls with an analyst so you are using it to the full potential!

Posted 5 years 4 months ago

Quick Reply Reply Quote

Topic Author

Yvonne Cisman

From a leasing standpoint role play, role play, role play. If it doesn’t roll off the tongue it won’t work

Posted 5 years 4 months ago

Quick Reply Reply Quote

Topic Author

Tara Marks

I think the key to Yieldstar is teaching your team all about the heavy lifting that it does for them and how much their day to day insight can help the model to be stronger and work FOR them. Once you have that down, I've found teams embrace it because it really does give them leverage and a talking point with their prospects

Posted 5 years 4 months ago

Quick Reply Reply Quote

Topic Author

Peggy Lannery Crowley

Love Yieldstar! I used it for years until the past 3. Let it do it’s magic.

Posted 5 years 4 months ago

Quick Reply Reply Quote

Topic Author

Amber Coker

Make sure your leasing agents take the training and practice utilizing it before working with prospects. It is a GREAT tool if used properly but so many leasing consultants struggle with it.

Posted 5 years 4 months ago

Quick Reply Reply Quote

Topic Author

Sarah Turner

Love it! You still have to be active in the pricing decisions... watch that income increase!!

Posted 5 years 4 months ago

Quick Reply Reply Quote

Topic Author

Michelle Brown Whitworth

We did but no longer do. I hated it! Rates would drastically increase or decrease overnight and we are big in resident referrals so that hurt us

Posted 5 years 4 months ago

Quick Reply Reply Quote

Topic Author

RosyRed Queen

We have been using yeildstar for 2 yrs now and I love it...it puts the flexibility on the prospect on what key features are important to them...

Posted 5 years 4 months ago

Quick Reply Reply Quote

Topic Author

Kiely Barrett

vacancy loss recovery, based on historic market data without having to remember trends yourself, residents have more lease term options. Con - harder to provide accurate information to prospects who have no idea what they want (or just don't want to tell you). Overall, I like having it.

Posted 5 years 4 months ago

Quick Reply Reply Quote

Reply Topic

Page:
1

Discuss!

Multifamily Insiders Discussions

The Front Lines

Does anyone use Yieldstar? What are the pros and cons of your experiences?