Posts by Danny Soule
3 Ways to Use Vine and Instagram at Your Property
As Social Media progressively asserts itself into the everyday lives of our prospects and residents, apartment marketers are always looking for a new way to leverage a property’s Twitter, Facebook or Google + page into a viable marketing and retention tool. With the recent launch of Twitter’s new Vine App and Instagram’s new video format,…
Read MoreSummer 2013 Results
RESULTS: JUNE CLASS B LEASE-UP PROPERTY OVERVIEW: The subject property was a 60 unit class B building that had recently undergone a rehab and name change. The property was struggling to generate qualified traffic and had high staff turn-over. CLASS was brought in to help accelerate the leasing activity. Prior to the arrival of…
Read MoreWhen It Comes To Apartments And Millennials, Know These Key Points: By Justin Coleman
It’s no secret that the Millennial Generation is single handedly controlling the booming pace of the apartment market, as well as the wavering housing market. At more than 82 million strong, the Millennials are a unique generation in the way they live, work and spend their down time. Since this particular generation is a…
Read MoreApartment Amenities…What Do Residents Use? By Justin Coleman
In April, Lindsay Machak with Multifamily Executive ran an article about the top five most underutilized amenities at apartment communities. Three top executives in the industry contributed their feedback about these amenities and whether or not they were deemed underutilized. The five amenities listed were: Racquetball Courts; Volleyball Courts; Theater Rooms; Clubhouses; Putting Greens.…
Read MoreTHINK BEYOND THE WALLS OF AN APARTMENT BY MICHAEL COAKLEY
CLASS is very honored to have guest blogger and Student Housing Consultant Michael Coakley join us to weigh in on the amenity arms race that we are experiencing in Student Housing. We would like to thank Michael for his great insight into the features and amenities that truly ad value for Student Housing developers. THINK BEYOND THE…
Read MoreNot seeing results from marketing? You may be doing it wrong. By Kristi McMillin
Marketing drives sales; it’s as simple as that. And as a company that specializes in apartment lease-ups, we know that when marketing is done consistently and correctly it will increase traffic and therefore increase leases. But that shouldn’t be news to you. What should be news to you is that you’re probably doing…
Read MoreCLASS Leasing Case Study: Mid-Atlantic Class B Property
PROPERTY OVERVIEW: The subject property was struggling to generate and close on qualified traffic. Prior to the arrival of CLASS, the property had secured 10 move-ins in a 90 day period. The property was sitting at 75% occupancy with rents averaging $787.00/unit. The owner enlisted the help of CLASS in order to increase the occupancy.…
Read MoreCan Cause Marketing Work In Multifamily?
For today’s consumer, there is purpose behind a purchase. If you watched The Masters last month, you may have noticed ExxonMobil’s campaign for their National Math and Science Initiative. Rather than promoting their product, ExxonMobil utilized a marketing technique known as Cause Marketing. Coke also just released a very cool video campaign based on cause…
Read MoreApartment Application Of The Week by Justin Coleman
This is a great app for your smart phone that can really be of assistance for not only leasing agents, but also for prospects. The app is called RoomScan and was created by Locometric. RoomScan allows you to measure the dimensions of a room by simply holding your phone up to each of the walls in the…
Read MoreHow can your leasing team learn from JCPenney’s failure? By Kristi McMillin
In case you haven’t heard, JCPenney’s “fair and square” pricing strategy that rolled out in January has been a complete disaster. The plan was to rid all stores of coupons and sales by offering products at the lowest price without gimmicks and discounts. Yet the strategy backfired and within 4 months sales had dropped 20%.…
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