Self-Storage Rent Increases: A New Theory to an Old Practice
Revenue management is a critical part of every self-storage manager’s job. Get a fresh approach to rental-rate pricing and learn how a varied, percentage-based increase strategy can reduce move-outs.
Speaker: J. Chapin, President, Executive Self Storage Associates Inc.
Format: Streaming Video
Duration: 55 minutes
Self-Storage Rent Increases: A New Theory to an Old Practice
Revenue management is a critical part of every self-storage manager’s job. Our speaker will take a fresh approach to rental-rate pricing, sharing new strategies. He’ll explore the benefits of renting at a lower street rate with a plan for quicker and more frequent increases. He’ll also discuss how a varied, percentage-based increase strategy will reduce move-outs.
You’ll learn:
- A new formula for rate increases
- The impact of this new approach on occupancy
- Actual rent earnings and the effect on gross potential rent value
- Manager implementation and the cost in time and services
- Your overall customer attraction and retention with the new plan
This product is also available in DVD format, both as a single and as part of the following discount packages:
Format: VID
