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Apr. 16th, 2007 04:39 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
cellboyFinally AT&T has fixed the corporate internet router late this morning, which had been down since Friday.(Now it's down again!) Talk about "hands tied"! So this gave me time to go on the LJ site through our office computer, and try to figure out why, the displays are so different on that computer vs mine. Some things are missing or displayed differently.Why the "Preview" button does not work. And why I am missing my "Browse" button on certain pages. Oh well,,,,I'll figure it out...but somewhat annoying.
My annoyed level is also beginning to increase to a gentle simmer. Reason being due to the fact that some owners of large rental properties, just have no clue (as most do) as to the demographics of their tenants. Even after communicating to them of the pitfalls of raising rents 12% (what market do they think we are in?). They continue to act like blind sheep. So in turn, a property that currently has a 96-98% occupancy factor(thanks to our hard work)is within the next 30-60 days decreasing to a 85-90% occupancy factor. They then look at us as if we are at fault for the "mass exodus". In turn, dealing with the irate residents, once they receive their 12% rent increase, negotiating with them in some way to retain their residency.... is at times, wasted energy, or in my view, non-productive. Most end up finding a less expensive apartments on line immediately. They have their minds made up that they are moving. So 10 plus vacant units, vacant 2-4-6 months at $1500 /month can be a sizable income loss. Not to mention the unit turn over costs. The owners monitor incoming office calls, to see if our closing techniques are following "their standards" (big brother is listening). Yes. You can learn a lot, from this feedback; from listening to your self on the phone. I suppose if we all are doing the "phone thing" correctly, then it is not "us" that is preventing incoming traffic from renting; maybe it is the high rents preventing the public in responding in a positive way. So this could be a double edge sword. But 12%!!! That is just loony. A 5-8% increase is the norm. And by the time we finish negotiating with residents, we end up with a 5-6% increase anyway. In addition, they refuse to do a simple, kitchen and bathroom upgrades.
So lets just say, the month of May will be a challenging month......I really would rather win the Lotto, move to San Francisco, and travel the world (LOL). Yeah. Dream On! Thank God I don't work weekends!!!! :-)
My annoyed level is also beginning to increase to a gentle simmer. Reason being due to the fact that some owners of large rental properties, just have no clue (as most do) as to the demographics of their tenants. Even after communicating to them of the pitfalls of raising rents 12% (what market do they think we are in?). They continue to act like blind sheep. So in turn, a property that currently has a 96-98% occupancy factor(thanks to our hard work)is within the next 30-60 days decreasing to a 85-90% occupancy factor. They then look at us as if we are at fault for the "mass exodus". In turn, dealing with the irate residents, once they receive their 12% rent increase, negotiating with them in some way to retain their residency.... is at times, wasted energy, or in my view, non-productive. Most end up finding a less expensive apartments on line immediately. They have their minds made up that they are moving. So 10 plus vacant units, vacant 2-4-6 months at $1500 /month can be a sizable income loss. Not to mention the unit turn over costs. The owners monitor incoming office calls, to see if our closing techniques are following "their standards" (big brother is listening). Yes. You can learn a lot, from this feedback; from listening to your self on the phone. I suppose if we all are doing the "phone thing" correctly, then it is not "us" that is preventing incoming traffic from renting; maybe it is the high rents preventing the public in responding in a positive way. So this could be a double edge sword. But 12%!!! That is just loony. A 5-8% increase is the norm. And by the time we finish negotiating with residents, we end up with a 5-6% increase anyway. In addition, they refuse to do a simple, kitchen and bathroom upgrades.
So lets just say, the month of May will be a challenging month......I really would rather win the Lotto, move to San Francisco, and travel the world (LOL). Yeah. Dream On! Thank God I don't work weekends!!!! :-)
