So what are you doing about it? I was fortunate enough to flip my first house the Summer before Senior year in high school and ever since real estate and entrepreneurship have been my passions. If you’re having occupancy issues or if you’re looking at how to increase occupancy in apartments for your community, resident engagement may be the missing piece.

Student living is a different scenario though as everything is counted by bed for student housing. Data is the fundamental building block of everything. When they see their face on the community website and see that they are being touted as an ambassador and representative of the community, that buy in will only deepen. But, leaving resident engagement out can be a huge mistake considering that residents can be your best advocates. However, one way to get residents to stick around, bettering your long term occupancy, is making them feel at home.

When asking yourself how you can increase occupancy in apartments through engagement, think about community.

Favorable word of mouth is more believable than any other form of marketing, so why not offer your tenants an incentive to refer one of their friends? I get to live out both of those passions every day by helping real estate professionals from around the world market, advertise, lease, and sell their properties and spaces in new, innovative ways using video. If you’re anything like me, you love data. It also allows for better communication if something is wrong or there is an opportunity for improvement. Occupancy is always on the minds of today’s multifamily professionals and has such a constant focus because that really is the determining factor on how successful your community is, how quickly, and for how long. Make sure that you’re keeping your community website and social media up to date and, most importantly, accurate. Creating a community creates an enhanced living experience. Organizing volunteer events, food drives, service projects, etc.

And that goes beyond their wants for their unit. They’re looking for safer commutes, safer environments, and safer stays.Double your revenue by listing your property on multiple channels.Build your own website in minutes and rent your home directly!We ensure 100% success in synchronizing your rental.Artificial intelligence keeps your properties updated.We support real 2-way sync with hundreds of channels.Subscribe to receive news and updates about our service That’s likely true of your residents. It’s true that resident engagement may be a soft factor when you’re looking at how to calculate your occupancy and retentions rates. There are multiple ways of getting your guests to get inside and outside of your rental without any contact with you.

Make them feel like this is the home for them. That engagement lets them know you care about them as more than just a monthly rent check. In turn, they are more likely to stick around long term, helping to keep occupancy rates right where you want them. Not just because we are a tech startup and that’s how it should be, but mainly because Petros and I, For the first installment of the series, we decided to offer a general overview of the current “State of the Market” based on anonymized data gathered by our customers. The apartment occupancy rate averaged 95.5 percent at the end of 2017, according to Reis. Data is the fundamental building block of everything. Do you have residents that want to give back to the community as well? When residents are engaged with staff, neighbors, and the community, retention becomes innate. This is extremely important to know because a rental property without a tenant will not generate any sort of income, even though most of its expenses will still incur.
How are you showing that you understand and agree with their environmental concerns? always on the minds of today’s multifamily professionals and has such a constant focus because that really is the determining factor on how successful your community is, how quickly, and for how long. How are you keeping the residents that you already have engaged or feeling like they are home?

There are a myriad of measurable factors that go into determining apartment occupancy calculations but one is often left out – resident engagement.

The suburban occupancy rate has edged lower, to 95.1 percent from 95.3 percent in second-quarter 2019, but the median net rent has risen 1.6 percent, according to Integra. Are residents coming in and out without interacting with each other or your team?
Vacation rental statistics 2018 – occupancy rates, average stay, average price, and more; Vacation rental statistics 2018 – occupancy rates, average stay, average price, and more. People want to feel safe. The happier they are and the more friends they have living in the community, the more they will want to stick around.


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