Raising Rents While Keeping Residents
Property management is our PASSION…and our expertise. Like many disciplines, the art of managing real estate continually gets more complicated and sophisticated. We have more information at our fingertips and better and faster ways of reporting to you. ELLIS HomeSource remains committed to growing as a company to keep ahead of the trends and stay accountable to you, our owners.
Rental Market Remains Strong - Lease renewals are one of our most important and challenging tasks. Because of the strong market - and our excellent resident services - we are typically able to raise rents on each new lease. The market demand is helpful in keeping residents but renters still have options. It is the ELLIS HomeSource customer service that gives us the edge in lease renewals and rent increases.
We view you owners as our #1 customer and priority. The best way to take care of you and your asset is to give residents the kind of service that makes them want to stay and renew. Long term residents who renew despite rent increases are a result of the balance between moderating expenses while serving the renters.
