ORLANDO, FL--Robert E. Smith,(photo top right) CCIM, founder and CEO of Orlando-based Smith Equities Real Estate Investment Advisors (SEREIA) has expanded the Orlando rent survey to cover all of the major metro areas in Florida.In 2005, SEREIA developed an on line rental survey for the Apartment Association of Greater Orlando (AAGO) “www.aago.org”.
Each month, the Apartment Association sends an email out to each property showing what rents and occupancies they have on record for the property. The property manager can then log onto the web site, and update the rents and occupancy as necessary. Once the rents and occupancies are updated, they can go to the rent comps tab and choose up to 10 apartments for a rental survey.
They can then view the rent comp report by property or by unit type. All of the rents are then summarized by submarket for reporting of trends by the Apartment Association. All you need to do to participate in the Orlando survey is to make sure the Apartment Association has a current email for the property.
In August, 2007, SEREIA created a web site called www.MyRentComps.com to allow property managers outside of the Orlando MSA to do the same surveys as AAGO’s. The site was designed to save the property manager time on gathering rent comps. Once logged in, the owner/property manager can upload current photos and change/update any information pertaining to the rents, occupancies, and amenities.
All information that is updated on MyRentComps.com will also automatically appear on:
which is password protected. This site was designed to allow small property owners the ability to give out rents and availability to both prospective tenants as well as people calling for a rent survey.
To try out the site. Just go to MyRentComps.com and create a new account using the email you use for the property. Since there typically are several people who may want to participate, the property manager can set up several user accounts under each property.
To try out the site. Just go to MyRentComps.com and create a new account using the email you use for the property. Since there typically are several people who may want to participate, the property manager can set up several user accounts under each property.
If you have multiple properties throughout Florida, please contact Smith Equities Real Estate Investment Advisors so that you we can assign a regional property manager status on your account. This will allow you to monitor all properties throughout the state under one screen.
When you pick your 10 rental comps and if you see that some of the property managers in your survey have not updated their rents in the previous 30 days, you will have a button on the rent survey that will allow you to email a request for them to update their rents for your report.
There will also be a button to allow you to add an email if it is missing. After picking the 10 rental comps, you will be able to run a report sorted by apartment property or by unit mix. The report, by unit mix, will give you weighted average rents by unit type. You control whether you want to display the occupancy on rent surveys that show your property as a rent comp.
Reports can be also be customized to fit your individual needs.
Reports can be also be customized to fit your individual needs.
You keep your leads!
Have you or your property manager ever sent a prospective renter to an apartment marketing web site only to learn that once they were there, they ended up going to another property?
ApartmentsNowAvailable.com was created to give small property owners the ability to give out a Property Code on the website that will allow them to see their property only.
ApartmentsNowAvailable.com was created to give small property owners the ability to give out a Property Code on the website that will allow them to see their property only.
Once they log onto the site using your unique Property Code, potential renters can see maps, photos as well as units that are now available for rent. They can download property rental brochures and application forms which will save the owner/leasing person both time and money.
All phone numbers, faxes and emails are to the property, not to some “third party”. Instead of emailing or faxing the information, you can just send potential renters to:
and have them enter the Property Code that you pick while editing the property on http://www.myrentcomps.com/
To see a sample, just go to ApartmentsNowAvailable.com and type in the Property Code: LLA.
Smith Equities Real Estate Investment Advisors was founded in 1990. As an apartment owner and investment advisor, Robert Smith has designed these tools to help the property owners/managers keep current on market conditions. He can be reached at
(407) 422-0704 X101
or
Email: res@amecs.com
All phone numbers, faxes and emails are to the property, not to some “third party”. Instead of emailing or faxing the information, you can just send potential renters to:
and have them enter the Property Code that you pick while editing the property on http://www.myrentcomps.com/
To see a sample, just go to ApartmentsNowAvailable.com and type in the Property Code: LLA.
Smith Equities Real Estate Investment Advisors was founded in 1990. As an apartment owner and investment advisor, Robert Smith has designed these tools to help the property owners/managers keep current on market conditions. He can be reached at
(407) 422-0704 X101
or
Email: res@amecs.com
Related Links:
Smith Equities Headquarters:
350 East Pine Street, Orlando, FL 32801
Tel: (407) 422-0704
Fax: (407) 422-0705
JACKSONVILLE, FL— A lack of new construction, coupled with economic expansion, will lead to another year of improvement in the Jacksonville office market, according to the 2008 National Office Report by Marcus & Millichap, the nation’s largest real estate investment services firm. Job growth, led by additions in the trade, transportation and utilities sector, should drive local economic expansion.
