Leasing Tips: Avoid The Price Question

What is the first thing that your prospects ask on the phone when they call your property? Chances are it is “how much are your apartments?” I would venture to guess that over 80% of apartment inquiries start with that question. However, a majority of these same prospects have most likely searched for your property…

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December Apartment Leasing Tips

When leasing apartments it is important to give some thought into the buying behavior of our potential residents. In most cases, a decision to lease an apartment is not made entirely by the prospect who tours the apartment. When there are other occupants living in the unit, their feedback becomes essential. Even when the apartment…

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Hiring Generation Y: IQ vs EQ

Generation Y can be smart and educated.  Generation Y can also be emotional and flaky.  As hundreds of thousands of Generation Y’ers graduate from college and move into the workforce it is important to identify the traits that can make or break a hire.  So here is the big secret… when hiring a Generation Y graduate,…

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Handling a Challenging Assignment

Why does an apartment owner call CLASS?  While there are many answers to this question, one common theme surrounds a majority of our assignments.  They are difficult.  If it was easy our company would not be in business. As many of you have noticed, the degree of difficulty of our assignments may vary.  Sometimes we…

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Best of the Best

  Here are a few Leasing Specialists who deserve some recognition for their EXCELLENT work this past week. Victoria Enchill.  Victoria came into an urban community in Southern Chicago that was having a very hard time getting qualified traffic through the doors.  Through her marketing efforts and continuous outreach, Victoria was able to drive more…

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The perfect compliment to interim financing

Time and time again, CLASS has proven to be the perfect complement to interim financing on new acquisitions.   A bridge loan may be the perfect lending vehicle to help secure underperforming or unstabilized assets, however it leaves the owner in a precarious situation during lease-up.  Many of these properties are experiencing high delinquency rates and…

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It’s time to increase your rents!

Why do people only ask about price when inquiring about an apartment?  The most likely answer is that leasing consultants have conditioned them to do so.  When someone is only giving out a price or special over the phone, we are telling our prospects that price is the most important factor in choosing an apartment. …

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