Yardi RENTmaximizer is a dynamic revenue management system that was designed and built to maximize your revenue by pricing your leases using the balance between your inventory, traffic, and market conditions. RENTmaximizer uses pragmatic algorithms that automate your pricing process while still allowing you complete visibility and control.
Profitable Pricing, Maximum Revenue
RENTmaximizer clients gain an average 2-4% lift in net revenue over market. The system is an intuitive, transparent pricing system that empowers your sales force, provides clear and comprehensive reporting, and promotes adoption throughout your organization. Leases are priced by the system every day, which allows for fast adjustment to market conditions and changes in your inventory and traffic, while adjusting for cost constraints such as vacancy loss, turnover costs, and inventory hold days.
Improved Operations, Increased Satisfaction
RENTmaximizer provides insightful, holistic revenue intelligence that empowers your operations team with an accurate view of what impacts pricing — so you know what to improve. Prospects and residents will benefit from a variety of pricing options based on move-in date, lease term, amenities, and other variables you define. Your sales staff can focus on sales and service, while your managers will enjoy greater confidence that you are delivering the best possible rental prices to drive maximum occupancy, revenue, and satisfaction.
Key Features
- Statistically-based pricing models deliver daily price adjustments, with multiple options for prospects and residents
- Analytical reporting provides intelligence on components that drive maximum revenue
- Configurability gives you the power to map your business process and goals, so pricing is a seamless part of your operations
- Complete price automation sends data feeds directly from Voyager to the RENTmaximizer pricing engine
- Professional product training from multifamily industry experts ensures the system matches your expectations for driving revenue
- Unique pricing presentation for prospects and residents enhances the leasing experience
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