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11 March 2022 | 19 replies
I did some research with competitors and think occupancy is just hovering at 70-80% occupancy across the larger players.- the whole "raising rents" concept may not work due to the community that it's serving (lower income)- generally afraid of massive amounts of lay payments (which is part of the current problem)Thanks for the help, all
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25 February 2022 | 4 replies
And even, as you have conversations with operators, asking who their competitors are.I mention all of this, because I am firm believer in having a lot of conversations.
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4 March 2022 | 6 replies
Also takes a competitor off the table, and gives me both more price control and Logistical control.
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21 March 2022 | 3 replies
We pick up clients often from our competitors.
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9 April 2022 | 19 replies
.- But then of course, we lose potential clients who complain that our contract is too long and they do with a competitor who eventually screws them.
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30 March 2022 | 0 replies
She's an investor herself and often laypeople think they are competitors within the market.
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9 April 2022 | 3 replies
It may be challenging to get someone to help make you a competitor in an extremely competitive environment where inventory is lean and people are less inclined to sell at a discount.
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10 April 2022 | 3 replies
(compared to what your competitors are offering).Then I think about if the competition is offering rent concessions, move in for a dollar, fog a mirror and your in, etc...
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25 April 2022 | 7 replies
Hey Marian,I appreciate you taking the time to read my post and asking a great question.I’ll try to keep my response short but I may struggle as I am very passionate about this topic.There are several reasons why we decided to be 100% independent over partnering with eXp, but here are the main 3:1. 100% ownership Probably the most important reason being the financial benefits of being independent and owning the company.eXp did it best with their model of being one brokerage per State and claiming all the revenue, opposed to competitors like ReMax who can only earn Franchise Fees and Royalties based on their model (also shows the difference in valuation despite agent count).That being said, cloud brokerages clearly have the advantage of earning a very high valuation relative to Franchises based brokerages.
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25 October 2022 | 4 replies
I would recommend starting on one of those platforms to get some general data and then after narrowing down your strategy, do some competitor research like looking at what other comparable properties near you are renting for.