Experienced landlords know that in general, everything goes more smoothly when their tenants are happy. Happy tenants pay rent on time and take care of the property. Most importantly, happy tenants stay longer. That saves you a lot of money on turnover costs, leasing costs, and marketing expenses. Today, we have some landlord advice that will help your tenants stay happy and increase your lease renewal rate.
Rent My Property: Resident Discount Program
At Real Property Management Gold, we work hard to keep tenants happy with prompt and professional service. Our Real Property Management Resident Club sets us apart. This exclusive discount program provides a powerful incentive for tenants to pay their rent on time and stay longer. Here’s how it works:
When your tenant pays rent online and on time, they’ll be provided with a link to register for the Real Property Management Resident Club. From there, they can see all the places where they can save up to 50 percent, including their favorite local, national, and online brands in dining, shopping, and entertainment. They can search for savings by the zip code of where they are or plan to be. Then, they follow the instructions for redemption. Whether they’re shopping in store or online, they will save money. They can even print coupons for groceries that they buy often. This alone can take a big bite out of a grocery bill.
Property Management Southern Maryland
If your tenants have an iPhone or an Android smart phone, they can download a free app that helps them save. They can use the app to see discounts near them, based on their location. They can also use their phone in stores to save, and shop online with the mobile device. When used regularly, the Real Property Management Resident Club equates to a rent decrease that can add up to hundreds of dollars a month. This is why our clients enjoy longer tenancies and lower turnover.
As a valued real estate investor client, you can access this program as well. Enjoy discounts on dining, shopping, and entertainment. This club is one of the ways we protect your cash flow and keep you and your tenants happier.
If you have any questions about this incentive or any of our property management programs, please contact us at Real Property Management Gold.