Keys to an apartment assets’s recognition


Reputation.Com analyzed over 400,000 tenant evaluations of over 9000 places that allows you to determine what factors determine most prominently in fine reviews and in negative critiques. Here’s an outline of what they observed stimulated a condo assets’ popularity.

Gathering the facts
Reputation.Com scraped the text of reviews of “apartment-style residential locations” from sites one might anticipate, like Apartments.Com and ApartmentRatings.Com, but additionally from Google and Facebook. They used pc algorithms to investigate the textual content, to kind remarks into 25 classes and to correlate advantageous and terrible statements in each of those classes with the numerical score the reviewer gave to the property.

What did they locate?
Reputation.Com found that humans commented most customarily on carrier associated classes with Customer Service drawing comments in 60 percent of the critiques analyzed. Other carrier-associated classes inclusive of Rental Office and Maintenance also figured prominently inside the evaluations.

Building Amenities become the third maximum commented upon category and Unit Amenities changed into quantity 7. In spite of this, the report stated that comments approximately the top-rated residences focused extra round service and network than across the centers.

The Reputation.Com document concludes with three takeaways that may be used by an apartment community. They are: provide speedy, friendly carrier; broaden a feel of network amongst residents using activities and activities; and dispose of pests of the 4 or extra legged variety.

Google is gaining in relative significance as a repository of consumer opinions in comparison to the more apartment-industry-particular internet websites. Google reviews may additionally grow to be more essential in figuring out an apartment belongings’ reputation if this trend continues.

Reputation.Com these days compiled an evaluation of online opinions and uncovered elements of the apartment revel in tenants cost most — and least. Our records scientists applied artificial intelligence, system learning, and sentiment analysis to the unstructured text in extra than 400,000 tenant opinions from famous U.S. Assessment sites, which include ApartmentGuide.Com, ApartmentRatings.Com, Apartments.Com, Facebook, Google, and Rent.Com.

The ensuing 2018 Property Management Reputation Report provides guidance on how property managers can enhance the tenant experience to earn higher ratings, boom occupancy and retention fees and maximize internet running earnings (NOI).

Catapult Property Group Director Dylan Crowe said the appointments have been a part of a diffusion plan for the corporation, which this 12 month have brought domestic building and lending divisions to its abilities.

“Our imaginative and prescient for Catapult Property Group is to provide a one prevent shop for belongings buyers as we’ve residential real estate improvement, home building, finance broker and advisory all beneath the one roof,” Mr. Crowe said.

Mr. Whelan involves Catapult Property Group with greater than 30 years’ mission-building revel in, which include control roles with a number of the biggest constructing corporations in Australia.