What if you could reduce your #vacancy rate without reducing your rents? On average, Lighthouse makes move-in costs ~30% more affordable for renters, and increases the typical Security Deposit coverage by over 50%. The best part? It's optional, free to offer, and takes <5 minutes to sign up. Get started today at MyLighthouse.co
If your average rent is $2,000/mo, your typical client is losing ?? $3,267 ?? in rent between tenants. Paraphrasing Todd Ortscheid's latest article on the consequences of not tracking your Days on Market (DOM), and the importance of educating your clients on market swings that are (or will) impact their bottom lines. This needs to be a priority because, despite a record number of rent reductions last year, the average DOM nationwide was still the highest it’s ever been on record, ending the year at?49 days?(per ShowMojo). ? Maybe it’s time to consider that it’s not just high rents keeping your units vacant, but a severe lack of affordable move-in costs. If you’re headed to NARPM's Broker/Owner next week, come see me at the Lighthouse booth to learn how our partners convert more qualified applicants without making any additional investment or sacrifice of financial security.