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Rental Guide Breakout

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Economic conditions & high energy costs. Gap between rental and ownership costs ... large number of foreclosures are driving a shortage of supply in many markets ... – PowerPoint PPT presentation

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Title: Rental Guide Breakout


1
Rental Guide Breakout
  • March 26, 2008
  • (100-200)
  • Presented by Greg Gillum Rob Powell

2
Goals
  • Whats the Apartment Market Picture
  • A look at todays Apartment Shopper
  • EZ tours
  • What is an EZ tour (view examples)
  • How to earn more money using EZ tour
  • How to setup/load EZ tour
  • Streaming Video tours
  • What is a Streaming Video tour (view examples)
  • How to price it
  • How to setup/load Streaming Video tour
  • Interactive roundtable discussion
  • Share a new idea and earn money

3
Apartment Market Picture
  • The national median rent is 943 per month.
  • The national median mortgage is 1,566 per month.
  • Demand is outpacing supply which is causing
    increased rents and fewer concessions.
  • Primary factors for increased rents
  • Economic conditions high energy costs
  • Gap between rental and ownership costs
  • Tougher lending qualifications for home ownership
    large number of foreclosures are driving a
    shortage of supply in many markets

Source Demographicsguru.com
4
Todays Apartment Shopper(Example Dayton, Ohio
Renter Profile)
  • Median income for apartment dwellers is 33,776.
    The median income overall is 29,300.
  • Apartment Dweller Ages
  • 31 under 30
  • 30 ages 30-44
  • 23 ages 45-64
  • 16 ages 65

Continued
5
Todays Apartment Shopper(Example Dayton, Ohio
Renter Profile)
  • Approximately 50 of apartment dwellers are
    single
  • The top 5 reasons for choosing an apartment
    community
  • Proximity to work, friends relatives
  • Design and comfort of apartment
  • Price
  • Amenities
  • Exterior appearance

Source Mediacenter Online
6
Tools to Help You Identify and Target Apartment
Shoppers
  • FREE! Apartment Dweller Demographics
  • http//www.demographicsguru.com
  • Local Apartment Associations websites
  • CB Richard Ellis (free research)
  • http//www.cbre.com

7
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8
EZ tours
  • What is an EZ tour (view examples)
  • Glenbridge Manors
  • Hidden Lakes
  • The Properties at Wright Field
  • How to earn more money using EZ tour
  • How to setup EZ tour

9
Streaming Video tours
  • What is a Streaming Video tour (examples)
  • The Landing
  • Grandview Summit
  • Heinz Lofts
  • How to price it
  • How to setup/load Streaming Video tour

10
Interactive idea sharing
  • Openly share new ideas of ways you are making
    money, cultivating relationships and growing
    market share.
  • Top three ideas as voted by your piers win cash.

11
Microsoft MapPoint 2006
  • 90-day Free evaluation available online
  • http//www.microsoft.com

12
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13
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14
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15
  • Thank you for participating in this years Rental
    Guide breakout session.
  • Have a great stay in Savannah.
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