Wednesday, March 26, 2014

Can You Afford to Lose 61% of Your Apartment Residents? via Property Management Insider

We all know that no matter how fantastic your on-site property management staff is, no matter how much residents enjoy living at your apartment community, there will always be some that choose not to renew their lease for another year.

The 2013 SatisFacts Index for the Insite Pre-renewal Survey demonstrates that only 31 percent of residents say they are “Very Likely” to renew.

Then there are the residents typically going through some sort of “life change,” such as buying a home, relocating for work, losing a job, etc.

Read more...Can You Afford to Lose 61% of Your Apartment Residents? | Property Management Insider

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