11/12/2009

Move-In Day Magic

8 Ideas for Making More Move-In Day Magic! I think it should be a requirement for people who work in the multifamily industry to rent an apartment, at communities they don’t directly work at, for at least 5 years, moving at least once every 24 months. What would possess me to make such an outlandish request of my fellow industry compatriots? One word: EMPATHY Empathy goes a long way in making us adequate at our jobs. Without being able to see things from the other side of the leasing desk, we run the risk of not only alienating, but eventually also losing our residents and clients. Personally, I’ve moved twice since relocating to Seattle, and each time was a daunting task, and not just because of the 20+ boxes of books that I have accumulated over the years, but because moving, just the act of planning to move and trying to ensure that the execution goes well, is an incredibly stressful experience! I’ve been told countless times that residents make their decision to renew with in the first 48 hours of moving in to their new apartment. This means that it doesn’t count how good your tour went with them anymore. If you can’t deliver the goods wrapped up in amazing service when they come toting boxes, you might as well have not even rented that apartment. What you have in that moment on move-in day is a second first impression. Please don’t confuse my meaning here. I do not mean that you get a second chance to make a first impression. That’s not going to happen. But what you do get is your first real interaction with your resident as their management team, and it will set the tone for their time with you. Come in with a bad attitude and decide that the problems are THEIR problems, and you’ve got an unhappy resident who counts down the days until they can move out. Make the move-in day not only pleasant but memorable and remarkable, and resident retention starts at minute one. I offer up some suggestions today to make more move-in day magic! Always offer a pre-move-in appointment with your resident. Give them time to sign the lease in a moment that isn’t costing them 20 dollars an hour for the truck rental as you explain lease addenda A through K. Not only does it give you time to thoroughly explain the lease to them so that there are clear understandings and expectations on each side, but it shows the resident that you care enough to keep in mind the stress of moving day right from the start. Walk the unit with a punch sheet- Be proactive! The steps we take to turn an apartment, and the standards that the apartment should meet to be considered “market ready,” or, “move-in ready,” are the same each time. The day before move-in, grab a checklist and a last minute sparkle kit and take 20 minutes to really walk the unit that will be turning into a home. Better to catch that there is debris on the patio or something in the toilet before you have to quickly react with your residents watching. Don’t just hand them the inspection sheet. Too often I’m seeing this out there. Mr. and Mrs. Jones move in. They sign their lease and it’s a particularly busy day when the phone is ringing and there are people constantly needing attention in the office. The leasing consultant, trying to streamline and prioritize their day, hands the new residents their move-in inspection form and asks them to just bring it back after they’ve filled it out. The problem with this is that there’s no personal touch to it. The first 5 minutes in a new home stick in most people’s minds, and best that you and your excellent customer service are part of that memory. Plus, it’s better for everyone in the end if we can all agree that yes, in fact there is a large stain in the dining room carpet, sign off on it and have a copy. Information Packs I’m not just talking about how to switch your cable over and a couple of coupons for dry cleaning here. Make them personal. In the move-in process, we learn where people work. If we take three minutes and print out a Google map with directions from their new home to their place of employment, and maybe include a few hints about ways to get around the local area traffic, people will remember. If it was mentioned in the tour that they have a dog and love to go to dog parks, take a moment to highlight the dog parks closest to your community on the map. If you know they love seafood, pizza or even little local cafés, point those out. If you just listen, you’ll be surprised what you can remember about their discussions. When you remember the little things, people remember you. Pets are People too! At least they are to the people who have them. Americans spend over 41 billion, that’s BILLION with a B, dollars a year on their animals according to Business Week magazine. Consider adding something like a logo-ed leash or even a small bag of treats tied with some pretty ribbon to your move-in gifts for new residents with furry friends. Learn the pet’s names and take a picture of them on move-in day. Next time there is a cat or dog brought in to the office, you’ll have a better chance of finding which family is really going to miss Fluffy when they get home that night! One Box Take a moment and pick up one box to carry it in to their home. It’s a small gesture, but it’s one that won’t be forgotten because it’s something most people wouldn’t think to do. Get your team past the, “Frankly, I don’t want to carry in my own boxes, why would I pick up yours?” attitude and show your new residents, in one box, how much they’re going to love living here. Have your porter or maintenance tech stop by an hour or two later and repeat the gesture while introducing themselves to the new residents. Don’t give away every surprise. Your resident finding the nice pitcher of Lemonade and stack of plastic cups in the fridge next to the handwritten welcome note will be something that’s not only refreshing, but also memorable, and more importantly, mentionable. If making lemonade takes too much time, try leaving bottled water in the fridge. Take the extra dollar and put some toilet paper in the bathrooms too. There’s nothing more inconvenient as a new move in than discovering that you’re missing toilet paper a moment too late and doing something as simple as just leaving the mini-model as a small move in gift can eliminate this awkward moment. Also, to soften the home upon move in, you might consider leaving your new resident a plant for their home. House plants can run as cheap as $5 at Home Depot, and add a touch of life to what can seem a sterile environment. Follow up with more than a phone call. The day after your new residents have moved in, don’t just call them for the follow up on their move in process. Stand up, leave your office and go deliver their move in gift in person, taking the opportunity to follow up with them face to face so that you have the advantage of reading their non verbal communication as well. It doesn’t take much to make a move-in remarkable. What I’m suggesting might add some extra time to the process, but it doesn’t add as much time as it takes to turn the apartment and re rent it 12 months down the road, nor does it add as much cost. And remember, make these things standard practice with your residents for all move-ins to avoid any potential fair housing questions that might arise. What we do for one, we do for all, which should be easy when what we’re doing is providing exceptional service!

11/06/2009

3 day pay or vacate

Our company policy is that EVERY resident who hasn't paid their full rent by the 6th of the month will be served a 3 day pay or vacate. You can login to the Kirk Cullimore's website ( if you don't have a login set up please call your Regional), find the right form, which in this case is the 3 day pay or VACATE, and print it. Another option is to login on the resident's file in Appfolio and click on the 3 day pay or vacate on the right side under Tasks. That will open up the 3 day pay or vacate in Adobe. You can print it and fill it out. Once you have the form filled out, it is ready to be given to the tenant. Make sure you always try to have a personal contact with him/her, a phone call or just knocking on the door. That will assure you that they are still living there and you can also see if you can collect the payment or get an explanation. Sometime people genuinely forget about rent. Specially when the 6th is during a weekend or it is close to a holiday. If the resident is not home, tape all four corners of the form, which needs to face out. And you are DONE!

11/05/2009

Marketing Ideas

Click on the Title to find 193 marketing ideas!! Yeah you read it right...193! SWEET! Not all of them apply to our business, but some are fun and creative and can really help us generate some traffic!

Bill Procedure

1 - PLEASE, PLEASE, PLEASE DO NOT STAPLE THE DEPOSIT LOGS FOR ANY REASON!!!! These reports have to go through a scanner and staples don't go through the scanner. Also, when you do staple them together I just have to go through and pull the staples and then the pages don't process through the scanner well. I either have to recopy everything or sit and hand feed the pages. Not very fun or time efficient when these reports average 60 pages each. (I have 28 reports to send this month) 2 - Please tape the yellow slips to the deposit logs, all 4 sides must be taped in order for them to feed through the scanner. If there is not enough room for the yellow slip on the page with the log, please tape it on a separate paper and DON'T staple them together. 3 - Please don't attach the deposit slips in with your bills. I have to spend a lot of time separating paperwork and if you would please keep the slips separate from the bills that would save me a lot of time and frustration. Just paper clip your stack of bills together - divided by property and then paper clip your stack of deposit logs together also separated by property. See the attached log if you have any questions on how they should be turned in. Please email me that you received and read these instructions, otherwise I will be contacting you again. Thank you for all you do.

Latest on Our Economy

Third Quarter Home Sales Up, First Time Since 2005 By PR or News Wire - UtahBusiness.com Riverton » Sales of existing single-family homes across the Wasatch Front climbed four percent in this year’s third quarter (July, August, September) compared to the same quarter a year ago, according to the Salt Lake Board of REALTORS® and Utah Association of REALTORS®. Published: 28 October 2009 Read Complete Story Hospital expected to invigorate Riverton By Steven Oberbeck - The Salt Lake Tribune Riverton » Intermountain Healthcare's new hospital here promises to bring much-needed medical services to communities on the southwest end of the Salt Lake Valley. Updated: 10/21/2009 09:02:10 AM MDT Read Complete Story Utah unemployment rate up slightly, but job losses slowing By The Salt Lake Tribune - The Salt Lake Tribune The state's unemployment rate rose to 6.2 percent in September -- but job losses are slowing, the Utah Department of Workforce Services reported Thursday. The rate in August was 6 percent. Updated: 10/15/2009 09:50:59 AM MDT Read Complete Story Utah's economy may improve in 2010 By Lois M. Collins - Deseret News Utah's economy seems poised to climb out of its doldrums, with prospects for "modest" job creation within six to nine months, says the latest issue of the Zions Bank report "Insight — Economic News of Utah and the Nation." Published: Tuesday, Oct. 13, 2009 9:00 p.m. MDT Read Complete Story Not quite bottom, but recovery expected over next year By Paul Beebe - The Salt Lake Tribune The most brutal recession in Utah in seven decades seems to be touching bottom, but the recovery won't generate notable job growth until at least the end of next year, a Zions Bancorp economist said Tuesday. Updated: 10/13/2009 07:05:37 PM MDT Read Complete Story Utah bankruptcies soar 62 percent over first nine months of 2009 By Steven Oberbeck - The Salt Lake Tribune Utah's struggling economy and the accompanying high unemployment rate is exacting a bitter financial toll on the lives of thousands of the state's residents. Updated: 10/13/2009 07:49:15 AM MDT Read Complete Story New Riverton Hospital Adds 700 Jobs To Area By PR or News Wire - UtahBusiness.com The new Intermountain Healthcare facility will inject 700 jobs into the local economy, Mayor Applegarth says, and is already boosting the area’s real estate market. Published: 06 October 2009 Read Complete Story New nonprofit learning the housing rehab ropes By Cathy McKitrick - The Salt Lake Tribune The new Utah Center for Affordable Housing (UCAH) is struggling to spend the state's initial $20 million in federal neighborhood stabilization funds and state affordable housing officials chose not to apply for the second round of grants. Updated: 10/05/2009 12:24:01 PM MDT Read Complete Story Office Vacancies Continue to Rise By PR or News Wire - UtahBusiness.com Vacant office space in Salt Lake County hit a five-year high in the third quarter...

Leasing

Use these goals as a brief refresher of what you're trying to do each time you meet with a prospective resident. Cut this list out and hang it somewhere you'll see it on a daily basis. 1. FEEL GOOD about asking them to sign the lease. Know your community well, and know that your prospects will be happy living there. 2. Create an INSTANT RAPPORT with the prospect. You want them to feel comfortable and welcomed, not overwhelmed and pressured. 3. Hold the PROSPECT'S ATTENTION throughout your presentation. Perfect your pitch so that it's interesting, engaging and fun to listen to. 4. Keep price from being THE ISSUE. Keep the focus on your fabulous amenities and how much they'll LOVE living there. 5. KNOW THE MARKET better than the competition. This is a must if you want to be an effective leasing professional. 6. Convince more leads to MEET WITH YOU in person. You're far more likely to get a lease when you get prospects through the door. Every call should end with you asking when they can come by and meet with you. Use Lisa Trosien's trick - if the prospect calls you from a cell phone say, "Where are you right now? Why don't you come right over?" Forty percent of the time the prospect will drive right over. 7. Profit from THE NO'S you get. If someone does not choose your community, use it as a learning experience. Think about what happened and possible ways to overcome those same difficulties with pros¬pects in the future. 8. Get prospects to BE HONEST with you. They might not want to be completely up front with you, but it is essential to know what's really going on to give an effective presentation or pitch. 9. Get your WHOLE SALES TEAM to work with you. Team is the key word here. Do all you can to encourage a team atmosphere where everyone is working together and doing everything they can to help each other out. 10. Make sure your residents and prospects APPRECIATE THE EXTRA LENGTHS you go to make them happy. So make sure you follow up with questions like, "Are you satisfied

Weekly tips

There are 3 reports you should have up on your computer before beginning your weekly report: Unit Vacancy Detail Delinquency Deposit Register * You can find these 3 reports under the Reporting Tab in Appfolio. If you're having trouble with this I'd be happy to help. 1. a) EVERYTHING you enter in your weekly must match what you've entered in Appfolio. For example, if you have 3 vacant units listed in Appfolio and only 1 listed on your weekly, this will not be accepted as an accurate weekly. If you have 3 vacant units listed in Appfolio and only 1 true vacancy this means you have to move those 2 units in before you start your weekly. I can not stress this enough: IF IT'S NOT IN APPFOLIO, IT HASN'T HAPPENED. 2. a) This is true for delinquencies as well. You need to list EVERY delinquency that Appfolio says you have. If there's a discrepancy-log that on your weekly. If you need help from your supervisor to correct it, please call. Under the comments section of your weekly I will not accept blank comments to explain a delinquent resident. 3. a) This report gives you the total amount that has been entered AND deposited in Appfolio. For those of you familiar with Rentroll, it's a 1.7.5 for all intents and purposes. This is the amount I want on the weeklies, not checks you still haven't deposited. If you want your weekly to look sharp-go make your deposits first and then fill out your weekly. ** Please refer to this as the proper way to complete your weekly report. As I've said in the past, this report is extremely important to owners as it is their lifeline to the progress their property is making on a weekly basis. It is our responsibility to provide an honest, accurate and professional description to them. If any of you would feel more comfortable with one on one training I am happy to provide that to you. If not, I'll be happily awaiting your polished weeklies tomorrow (by 5pm).

3/25/2009

Managers Meeting

Hi everyone, this is just a reminder that we will have a meeting this coming Friday at 10am at DaVinci. Plan to be there a couple of hours. Email with more details will follow. Thank You!

3/17/2009

HAPPY ST. PATRICKS DAY!

Managers, Happy St. Patricks Day! hehe! Let's generate some traffic out of this Holiday! Here are some tips: -wear GREEN -Have a banner out and attach GREEN balloons -Post on Craigs list and KSL in GREEN fonts -Send a cute GREEN note shaped as a four leaf clover and send it out to your residents. Print on it:" refer a friend who will sign a lease, and get $25 off!" -print your flyers on GREEN paper If any of you have more idea, please send us some comments

3/11/2009

Welcome!

Dear friends, we are happy to announced our company blog where you can find the latest updates on company news, access useful websites, and share information between each other!Let's get started...

Resident retention tip

Now more than ever we need to keep are residents happy! Sometimes a quick visit, a phone call, or simply a note can really make a difference! Let's remind our residents of why they chose us in first place. To get more ideas on retention, please click here!

Usborne Book Party

I am doing a Usborne Book Party When: Wed. March 18th 2009 Time: 7pm Where: 637 South 600 East #5B My apartment (Victoria House) These books are fun and educational etc. They have all the books you could ever want. Please come and bring a friend if you want. It will be fun. Even if you do not want to buy books come and enjoy being out of your apartment for a little while. If you need to bring your kids that is fine. I hope to see you there. Call me if you have any question, 801-531-1307 Thanks, Emily Pope