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Greco Properties

Dear Apartment ILS: KISS! (Keep It Simple Silly!)

We all have a love/hate relationship with our apartment ILS’s. We love them for everything they do, and we hate them for everything they do. Yes, I’m talking about Rent.com, ForRent.com, Apartments.com, Move.com, ApartmentFinder.com – those are my big ones, but I’m sure I’m not mentioning dozens of other ones. I’m talking about ALL of them! Don’t get me wrong, I love all my providers! They bring me traffic. Traffic is king these days. The provider’s sales agents are great – friendly, helpful, a HUGE resource to apartment communities. But, the actual services all lack something EXTREMELY important - make it easy for the prospect! KISS! (Keep-It-Simple-Silly!*) (*I hate calling anyone stupid, so have replaced stupid with silly)

A recent blog post I did and two recent discussions on Multi-Family Insiders got me to thinking:

Give the prospect what they want. In the end, they are our customer.

To read the recent RENT SODA blogpost and discussions on MFI that got me to thinking, click below:

There’s a MARKET for THAT! (my RENT SODA marketing blogpost)

Advertising on Yours (and Others’) Good Names : an MFI discussion started by Mike Whaling

The ILS Conundrum – an MFI blogpost by Mark Juleen

Why can’t the ILS model be more simple, and cater to the prospect? Make it easier?

If they get THEY want, you get more traffic, and you drive more traffix to US, and we get WE want…everyone’s happy!

I’ve been a renter before, and as a renter, or anyone looking for a service for that matter, I love it when:

  1. …someone else has aggregated all the information for me into 1 BIG list. i love LISTS! I’m lazy, I have limited amount of time, and I need to find the RIGHT apartment without spending all my free time looking for an apartment. Come on, I have a life that I want to live. Being a professional apartment shopper is not my gig!
  2. …once I’m on your site, make it simple for me to find my dream home. (i.e. if I’m looking for Minneapolis, don’t give me all the listings out in the suburbs! REALLY? Do you think that providing me with listings all the way out to Timbuktu serves me in anyway?) The more time I spend frustrated on your site, the unhappier I become.
  3. Provide me with reviews. REALLY. Amazon does it, ebay does it, Best Buy does it – everyone and their dog allows for comments and reviews. I want to hear what other people like me who have done this before think.
  4. Link me to the property. Come on, I know you want me to stay on your website so you can provide a report to those that pay you on how long the average user stays on the website. But REALLY? Once I have narrowed down the list of who I want to visit, I want to VISIT them. Make it easy for me!

What do YOUR prospects and renters want from an ILS? As a renter, what do they want to make the experience easy and enjoyable? Please leave a comment with your thoughts. In the end, we should give the customer what they want, and they’ll continue to come back for me. Let’s see if we can get the attention of the ILS’s!

Dear Apartment ILS: KISS!

Don’t Get it? RENT SODA. GET IT!

-Daisy Nguyen in Minneapolis, Minnesota

CEO

RENTSODA-small

Business & Marketing Consulting to the Apartment Industry

Web: RentSoda.com   Email: Daisy {at} RentSoda(.)com

Become a fan of RENTSODA on facebook.  Connect with RENTSODA on LinkedIn!

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What should we be "facebooking?" in the Multi-Family industry?

OK, so now that we’ve established that facebook does have a positive ROI, that we SHOULD be “doing it,” the question naturally becomes, how/what should we be “doing” on facebook?

This is PART III of a 3-part series. You can read the intro here:

Intro: 3 facebook questions everyone asks when starting out… 

OR Part I: The ROI of Facebook – the Value of Creating Community

OR Part II: Facebook-itis: Addressing the Fear of Facebook head-on!

This is a loaded question, as many times, in our industy, we are focused on leasing apartments. We naturally want to tout our advatanges and post our specials – the way our traditional marketing avenues with print advertising and ILS’s have allowed us to do. Please keep in mind that for our industry (as we have now discussed on the ROI of facebook – the Value of Creating Community), facebook CAN be a marketing tool, however, it is first and foremost a connecting and communications tool to creating and fostering community. Facebook is NOT traditional, so to be able to use it as a marketing tool, we will need to think about it non-traditionally. Throw away those ideas of just blasting what your community is about, “advertising” specials, or listing prices. To better help you determine what you should be “doing” on facebook, let’s address a couple of basic questions:

  1. Who do you think your community’s “friend” or “fan” is?
  2. Why do you think they are would accept a “friend” or “fan” request from you?
  3. What do you think your “friends” or “fans” are there to see/hear?

These are the questions you SHOULD be asking and answering to determine what SHOULD go on your facebook page. IF your facebook page consists of 100 eager prospects just waiting for a rent special so that they can finally sign a lease with you, than by all means, advertise your rent specials.

I don’t think this will be the case for 99% of sites out there!

I’d like to open this up for discussion. Please leave a comment that answers the 3 questions noted above. If you don’t feel comfortable leaving a public comment, email me! (Daisy {at} rentsoda(.)com) My next article will compile all your private and public comments to share with all. (If you email me privately, I will leave include your comment, but won’t quote you. If you leave a public comment, I may quote you & link to your company. – OR tell me how you want it handled!)

Don’t Get it? RENT SODA. GET IT!

-Daisy Nguyen in Minneapolis, Minnesota

CEO

RENTSODA-small

Business & Marketing Consulting to the Apartment Industry

Web: RentSoda.com   Email: Daisy {at} RentSoda(.)com

Become a fan of RENTSODA on facebook.  Connect with RENTSODA on LinkedIn!

Follow RENTSODA on Twitter!

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Happy Endings & New Beginnings

Happy Endings & New Beginnings!

 First for the Happy Endings – my last day as Chief Operating Officer at Greco was Friday, October 30th, 2009. What a great couple of years it has been, cumulating in establishing a new Property Management Company as well as the successful launch of a new Greco developed/managed/owned luxury property – Blue in Uptown Minneapolis. Blue, a 242 unit apartment project, recently won 5 MADACS awards from MHA in September of 2009 for excellence in the Property Management Industry.

 Next – New Beginnings – starting Monday, November 2nd, 2009, I am launching my own consulting firm – RENT SODA. RENT SODA consults to the Property Management and Real Estate Development industries, striving to help its clients achieve excellence and success in the evolving marketplace. Greco will be my first client.

 Please take a moment to update my new contact information:

 Cell: 612-889-3733

Email: Daisy {at} RentSoda(.)com

Web: http://rentsoda.com – the website will launch early this week.

For those of you who know me, please take a moment to update to my new contact information.

Watch for exciting new updates and announcements over the next couple of weeks. If you have any questions or would like to learn more about RENT SODA, please feel free to contact me.

-Cheers!

-Daisy Nguyen in Minneapolis, Minnesota

CEO

RENTSODA-small

Business & Marketing Consulting to the Apartment Industry

Web: RentSoda.com   Email: Daisy {at} RentSoda(.)com

Become a fan of RENTSODA on facebook.  Connect with RENTSODA on LinkedIn!

Follow RENTSODA on Twitter!

Cell. 612.889.3733

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