Does the HelloData revenue management system price lease-ups?

Can HelloData Price Lease-ups?

Yes, our revenue management system is equipped to handle lease-ups. It uses 100% publicly available market data, updating pricing recommendations in real-time as units are leased at competing properties, making it uniquely suitable for lease-up scenarios. It shows the relationship between price and days on market, assisting property managers in understanding the impact of various price points on occupancy and Net Operating Income (NOI). This approach is particularly beneficial for new developments and properties in the lease-up phase, as it provides a comprehensive view of the competitive landscape and market dynamics, maximizing revenue by balancing occupancy and rent growth.

Here's a screenshot of our floorplan comp detection interface, showing how recently leased units at competing properties are used to price currently available units:

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