RENTmaximizer

Price new and renewal leases with complete visibility and control. Our trends-based methodology and dynamic business rules lead you to smarter decisions — so you can optimize revenue without sacrificing occupancy.

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.

Product Highlights

 

  • Optimized Revenue, Maximized Occupancy

    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. Prospects and residents will benefit from a variety of pricing options based on move-in date, lease term, amenities, and other variables you define.

  • Trends and Rules Based Methodology

    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. 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.

  • Unprecedented Business Intelligence

    Achieve instant 360-degree business intelligence when you combine Yardi Orion™ Business Intelligence with 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.

Key Features
  • 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 Orion provides a 360-degree business intelligence view of your entire portfolio
Key Benefits
  • Higher revenue by quicker adjustments to market conditions, which reduces concessions
  • Configurable system built into Voyager 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