In today’s fast-moving multifamily landscape, the ability to make better decisions, faster is no longer a luxury, it’s a necessity. Data is abundant, but disconnected systems and manual processes often slow teams down, leading to delays in critical decision-making and missed revenue and/or cost savings opportunities. Connecting systems and connecting people and teams within a company solves this challenge. In our recent Connected ...
In the world of multifamily housing, where pricing strategies can make or break performance, one quote from our CEO Donald Davidoff cuts through the algorithm, comp data, litigation noise with startling clarity: "The meat and potatoes is leases and leads. If I knew nothing but the leases and leads, I could design a better revenue management model than if I knew everything perfectly about the comps." This statement, made on Dom Be ...
The multifamily industry is at a crossroads. As legal, technological, and market pressures converge, the future of revenue management demands new ways of thinking. This was the focus of a recent episode of Multifamily Matters, where Paul Marks hosted Donald Davidoff, REBA CEO and Brad Schell, REBA Head of Pricing & Services. Together, they unpacked how the industry’s revenue strategies have evolved and what lies ahead for operators na ...
The multifamily housing industry is undergoing a period of significant transformation. Legal pressures are challenging traditional pricing practices, while advancements in technology are creating opportunities to modernize and streamline operations. This blog explores how operators can respond to these challenges by addressing legal and legislative issues, shifting focus from competitor data to first-party insights, and adopting moder ...
Traditionally, marketing teams have grappled with securing a significant seat at the decision-making table due to the absence of comprehensive data-driven insights. The dynamic landscape of the multifamily industry, characterized by evolving resident preferences, market trends, and technology, demands a robust data-driven approach. Without it, marketing decisions are often based on intuition rather than empirical evidence, limiting the effectiven ...
While the allure of customizability and control may be enticing, it is crucial to understand the potential drawbacks and long-term implications of pursuing a Do-It-Yourself (DIY) approach to Business Intelligence (BI). By understanding the hidden costs, decision-makers can make informed choices that maximize efficiency, minimize risks, and drive success in the multifamily industry's data-driven landscape. Focus on Development Costs Building ...
Our desire to change the budget season narrative stems from more than 25 years of multifamily budgeting experience and the ongoing pain that we hear across the industry when "that season" rolls around.You've heard us say it before, but it's time to break up with Excel. It's not an enterprise solution and put more simply, it's not a solution built for multifamily budgeting needs. So, while Excel may have been a stop-gap solution that "fit" your po ...
In this interview series, our CEO Donald Davidoff sits down with key industry leaders and disruptors to tell the stories of the people behind the performance. Today, we’re joined by Dom Beveridge, Principle of 20for20, a multifamily industry resource that helps technology companies to reach customers and potential customers to make great technology decisions. Join us for a transparent look at Dom's process and methodology behind the 20for20 ...
A truly great rent forecast solution takes all known data from the current rent roll and applies appropriate assumptions to implement an expected value algorithm for each unit that can then aggregate up to any level of market or management hierarchy. Here are examples of what great inputs should be: Rent SeasonalityAnyone with experience in rental housing knows that rents do not grow steadily throughout the year. There are clear high, low and sho ...
Our desire to change the budget season narrative stems from more than 25 years of multifamily budgeting experience and the ongoing pain that we hear across the industry when "that season" rolls around.You've heard us say it before, but it's time to break up with Excel. It's not an enterprise solution and put more simply, it's not a solution built for multifamily budgeting needs. So, while Excel may have been a stop-gap solution that "f ...
In this interview series, our CEO Donald Davidoff sits down with key industry leaders and disruptors to tell the stories of the people behind the performance. Today, we’re joined by Jindou Lee, CEO & Co-Founder of HappyCo, a multifamily proptech company that develops software and service solutions to enable real-time property operations. Join us for a transparent look at how Jindou’s background in graphic design & real estate invest ...
In this interview series, our CEO Donald Davidoff sits down with key industry leaders and disruptors to tell the stories of the people behind the performance. Today, we’re joined by Georgianna Oliver, CEO & Founder of Tour24, the award-winning platform that partners with multifamily operators to offer self-guided tours. Join us for a transparent look at how Georgianna uses AI to help clients add value within their communities, leasin ...
In this interview series, our CEO Donald Davidoff sits down with key industry leaders and disruptors to tell the stories of the people behind the performance. Today, we’re joined by Lucas Haldeman, CEO & Founder of SmartRent, the leading provider of smart home and property operations solutions for the rental housing industry. Join us for a transparent look at Lucas' views on the similarities and differences between single-family hom ...
In this interview series, our CEO Donald Davidoff sits down with key industry leaders and disruptors to tell the stories of the people behind the performance. Today, we’re joined by Carol Enoch, CEO & Founder of Enoch & Co, a multifamily real estate consulting firm, providing asset strategy, asset management, and innovation implementation for owners, developers, and prop tech executives. Join us for a transparent look at how Carol views ...
In this interview series, our CEO Donald Davidoff sits down with key industry leaders and disruptors to tell the stories of the people behind the performance. Today, we’re joined by Jennifer Staciokas, President of Western Wealth Communities and VP, People & Technology of Western Wealth Capital (WWC), a real estate investment system that strives for excellence at every point, and with every person involved. WWC has developed a proven system for i ...