Controlling vacancy loss is the most significant challenge to achieving a property’s income potential. Even with occupancy rates at an all-time high, greater competition and increasing turnover are making it harder for managers to keep vacancies under control.
In this webinar, NCHM National Director of Housing Programs Paul Votto will explain how to properly analyze vacancy data, identify the core problems, and take actions that make a difference. As an operator of both conventional and affordable properties, Paul has led successful efforts to drive up occupancy rates and reduce turnaround time in a variety of settings and circumstances. His presentation will draw on lessons learned through his own experience and from the experiences of other successful managers.
What you'll learn:
The three components of turnaround time and how each requires a different course of action
How to reduce maintenance make-ready time and get more work accomplished
Problems beyond maintenance that slow turnaround time – and what to do about them
Why turnover is one of the least understood contributors to vacancy loss
What can be learned from the private sector’s increasing use of rent optimization software
The latest trends in attracting prospective residents
Updated for 2016 to reflect recent industry developments, including the expanding use of rent optimization software, this webinar will equip participants with a wealth of practical ideas they can use to make an immediate impact on unit turnaround time.