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How to minimize tenant turnover using online property management tools

Housing Wire

Tenant turnover happens when the current tenants move out of a rental property and the property is now vacant and it needs to be prepared for new tenants to move in. Turnover is one of the most costly aspects of the property management business, with the average turnover costing more than two thousand dollars.

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Property Managers Helping Renters Improve Their Financial Positioning

Appraisal Buzz

Of the property managers aware of the practice, almost half (48%) report rent payments to credit agencies, says a new report from TransUnions Tenant and Employment group a 33% jump from last year, and last year was a 36% jump from the year before. Click here for more on TranUnions report on property managers and renters.

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Fannie Mae expands voucher program for multifamily landlords

Housing Wire

without source-of-income protections (provided their property is not already legally required to accept the vouchers and that at least 40% of the units are affordable or considered “small area fair market rents”). Fannie said that about 30% of voucher holders are unable to find housing that accepts their vouchers as income.

Landlords 463
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Reviews, Renter Decisions & Reputational Impact 

Appraisal Buzz

The growing significance of online reviews in the rental market was highlighted in the 2024 Property Management Industry Report produced by Reputation , the world leader in reputation performance management. Engaging effectively with tenant feedback has become a critical business function. With an average rating of 4.57

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NAR partners with RentRedi for benefits program

Housing Wire

RentRedi will now offer NAR members a subscription to its property management platform at a rate of $1 for the first six months. The platform provides tools for both landlords and renters, which the company said is designed to automate and streamline the management process. “As

Landlords 392
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Housing Market Forecast: Unpredictable Mortgage Rates to Shake Up 2025

Appraisal Buzz

Compared to the record rent growth in 2022, the market for apartment tenants was comparatively favorable this year. The percentage of rental ads on Zillow that offer a concession, like free weeks of rent or free parking, is at an all-time high, while rent growth has remained steady at a manageable rate. Pets deserve homes too!

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Roofstock buys Great Jones platform to help investors profit on their real estate

Housing Wire

Roofstock , a proptech startup aimed at making it easier to purchase an income-producing property, announced Wednesday its acquisition of Great Jones , a property management platform that Roofstock intends to utilize for its “end-to-end single-family rental platform.”