KeyTrak Blog

Multifamily Reputation Management Starts Offline

Written by KeyTrak | April 30, 2019 at 5:39 PM
 
How many people read reviews before leasing an apartment? A better question is, how many   don’t? According to studies by   Apartments.com, NMHC/Kingsley Associates, and  reputation.com, the majority of prospective renters — 80-98 percent, depending on which study you look at — want to know what other people have to say about an apartment community before they sign a lease.

With those numbers, it’s not hard to see why reputation management is a hot topic in the multifamily industry. You can find a lot of tips for monitoring and responding to reviews, but don’t forget that reputation management starts offline. After all, if residents have a positive living experience, what reason do they have to leave a poor review?

To create that kind of experience, you have to consider what residents really want. Some people value amenities such as outdoor kitchens or valet trash service, but many prioritize features that   should  be givens, like  privacy and safety.

Here are three steps you can take to give residents the protection they need to feel that your community is the place they want to call home.

Respect Living Space


Even though they don’t own their homes, apartment residents want to maintain a sense of personal space and feel secure where they live. In fact,  63 percent of millennials say they’d move out of an apartment that lacks security.

A big part of maintaining those expectations is holding your staff accountable for when and why they can access units. If an employee enters an apartment without permission or proper notice, the resident who lives there will feel like their sense of privacy has been violated.

Case in point: A former tenant of a Washington property complained in a review that his apartment had been entered without permission or written notice three or more different times while he was away from home, and his front door was left unlocked.

Having a clear key control policy and keeping  accurate key activity records will discourage employees from entering apartments without authorization. In addition, using an electronic key control system that automatically notifies residents when the key to their unit has been removed increases transparency and reduces unwelcome surprises.

If you use smart locks, it’s important to treat security tokens such as fobs and cards with the same level of security you would traditional metal keys. For example, you wouldn’t want to program a token with access to all the units on the property, and you need to control who can use any preprogrammed security tokens.

Minimize Package Theft and Loss


Over the past decade or so, e-commerce sales have steadily grown. In 2018, they accounted for   14.3 percent of total retail sales, up from 13 percent in 2017 and 11.6 percent in 2016. As you’ve probably discovered, what this trend means for multifamily properties is more packages. The average property   receives 150 packages a week, and 270 a week during the holiday season.

It should come as no surprise, then, that many property reviews feature complaints about packages being stolen, the office refusing to accept deliveries, or residents not knowing when packages have been delivered to the leasing office.

Package delivery is a sore spot for property managers and there’s no easy solution. Still, it’s essential to maintain resident satisfaction by implementing an   efficient package tracking method  for logging deliveries. If your system of choice notifies residents via email or text that their packages are ready to be picked up, that's even better.

The National Apartment Association’s white paper “ How to Effectively Manage Package Acceptance” includes some further suggestions for addressing package problems.

Safeguard Private Information


The moment a prospect submits a rental application, you have access to a wealth of sensitive information and documents: Social Security number, credit history, pay stubs, etc. Once someone signs a lease and moves in, you also have keys to their mailboxes, which can hold similar sensitive documents.

Failing to safeguard a resident’s personal information won’t do any favors for your reputation. In a review of a Michigan complex, a woman complained that her and her husband’s identities had been stolen a couple weeks after their rental application was run. She described how a leasing agent was stealing residents’ information, applying for credit in their names, and then retrieving any correspondence related to the thefts from the people’s mailboxes before they received it.

It’s important to implement both   cybersecurity and physical security best practices  to secure digital records as well as keys to mailboxes and other areas that contain residents’ personal information.

There’s a lot that goes into reputation management. Monitoring and responding to reviews will help you shape your online reputation — but that’s after people have already voiced their opinions. By creating a positive living experience, starting with the three steps mentioned above, you can influence how people talk about your property online and prevent them from rushing to complain about you on review sites and social media.