Yardi RENTmaximizer™ is a dynamic revenue management system built into Yardi Voyager™ and designed to maximize your revenue by pricing leases using the balance between your real-time inventory, traffic, and market conditions. RENTmaximizer uses practical algorithms that automate your pricing process, while still allowing you complete visibility and control. And Voyager integration empowers you to review your prices and analyze changes daily – within a single system.
Profitable Pricing, Maximum Revenue
RENTmaximizer clients gain an average 2-5% 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.
Unprecedented Business Intelligence
Achieve instant 360-degree business intelligence when you combine Orion Business Intelligence® with Yardi Voyager and RENTmaximizer. Orion brings together your operational, financial, property, and pricing data in Voyager and provides revenue management dashboards with comprehensive real-time data for unprecedented insight into your business. You’ll gain valuable information about key pricing trends, marketing activities, and revenue growth to help you drive improved portfolio performance.
Comprehensive metrics focus on the entire revenue process – not just pricing
Multiple pricing options fit customer needs and address fair housing concerns
Daily pricing allows for fast adjustment to market conditions and your inventory
Analytical reporting provides intelligence on components that drive maximum revenue
Configurability gives you the power to map your business process and goals
Built-in proprietary feedback loop continuously advances algorithms, making the system smarter
System administration is included so you can focus on your business
Integration with Voyager and Yardi Orion for SharePoint provides a 360-degree business intelligence view of your entire portfolio
Click the image below for a tour of Yardi RENTmaximizer: