{"id":25582,"date":"2020-09-17T05:25:10","date_gmt":"2020-09-17T12:25:10","guid":{"rendered":"https:\/\/www.yardi.com\/blog\/?p=25582"},"modified":"2021-11-03T19:47:53","modified_gmt":"2021-11-04T02:47:53","slug":"reputation-management","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/reputation-management\/","title":{"rendered":"Reputation Management"},"content":{"rendered":"<p>In the age of online everything, it takes a lot more than a good website to stay on top. Ratings and reviews are the new \u201cword of mouth\u201d for multifamily properties, so it\u2019s critical to proactively monitor and protect your online reputation. Here are five reputation management strategies to make sure your <img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-25584\" src=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/09\/Blog-v100-sept.jpg?w=300\" alt=\"\" width=\"450\" height=\"253\" srcset=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/09\/Blog-v100-sept.jpg 1920w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/09\/Blog-v100-sept.jpg?resize=768,432 768w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/09\/Blog-v100-sept.jpg?resize=1536,864 1536w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/09\/Blog-v100-sept.jpg?w=400 400w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/09\/Blog-v100-sept.jpg?w=500 500w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/09\/Blog-v100-sept.jpg?w=600 600w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/09\/Blog-v100-sept.jpg?w=720 720w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/09\/Blog-v100-sept.jpg?w=800 800w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/09\/Blog-v100-sept.jpg?w=1000 1000w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/09\/Blog-v100-sept.jpg?w=1200 1200w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/09\/Blog-v100-sept.jpg?w=1440 1440w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/>communities get the attention of potential renters for all the right reasons.<\/p>\n<ol>\n<li><strong> Claim your local listings and review profiles<\/strong><\/li>\n<\/ol>\n<p>No, we don\u2019t mean your vacancy listings. Local listings refer to every mention of your business on the web. According to BrightLocal\u2019s <a href=\"https:\/\/www.brightlocal.com\/research\/local-consumer-review-survey\/\">2019 Local Consumer Review Survey<\/a>, 90% of consumers used the internet to find a local business in the last year, with 33% looking one up every day, so claiming your online listings and review profiles are more important than ever.<\/p>\n<p>To appear in local results for searches like \u201capartments for rent in [your city],\u201d you must make sure your business name, address and phone number are consistent across every website. This is sometimes referred to as your NAP (Name\/Address\/Phone).<\/p>\n<p>In an article for <a href=\"https:\/\/marketingland.com\/the-5-critical-elements-for-local-marketing-success-281019\">Marketing Land<\/a>, research director Pamela Parker asserts, \u201cIt is critical to claim your local listings by providing accurate information to search engines and online directories (namely Google, Facebook, Apple Maps, Bing and Yelp) \u2026 Claiming your listings also gives the site publisher a direct, verified relationship with your organization. It establishes your brand as the listing\u2019s owner and gives you control over all content and updates.\u201d<\/p>\n<p>It\u2019s important to remember that claiming your listings isn\u2019t something you do just once. You should schedule annual or biannual audits to make sure your business profile remains up to date \u2014 and that no one has added inaccurate information.<\/p>\n<ol start=\"2\">\n<li><strong> Ask for reviews<\/strong><\/li>\n<\/ol>\n<p>If you\u2019re listed on a review site, but don\u2019t have any reviews, potential renters will likely pass you over for a competitor with more and better ratings. BrightLocal found that the average consumer reads 10 reviews before trusting a business and visiting your website.<\/p>\n<p>But incentivizing reviews is frowned upon by the big players, like Google and Yelp, and most consumers say they can spot a fake review. So how can you get more authentic, positive reviews more quickly? Award-winning marketer Drew Davis shares the secret in this episode of <a href=\"https:\/\/info.yardi.com\/genius\">Moments of Genius<\/a>.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/K-61ESMFCxI\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<ol start=\"3\">\n<li><strong> Reply to reviews<\/strong><\/li>\n<\/ol>\n<p>We\u2019ve all been told that we should reply to every review. But does anyone read your responses? In a word: yes. The same BrightLocal consumer review survey discovered that 97% of people read businesses\u2019 responses to reviews.<\/p>\n<p>While it\u2019s nice to respond to positive reviews, renters are looking closely to see how you respond to negative reviews. Are you aware of the issue? Did you try to resolve the conflict or offer a solution? No matter how inaccurate or unfair you feel the review is, it\u2019s important to show empathy. Read more <a href=\"https:\/\/www.yardibreeze.com\/blog\/2020\/05\/get-positive-property-reviews\/\">tips for responding to negative reviews<\/a>.<\/p>\n<ol start=\"4\">\n<li><strong> Monitor the competition<\/strong><\/li>\n<\/ol>\n<p>Ever wondered what people think about the competition? Now it\u2019s easy to find out and see how you stack up.<\/p>\n<p>Read competitor reviews to see what renters like and don\u2019t like about their properties. Then, use that information to level the playing field or even get ahead. For example, if you find out that renters love the neighboring property\u2019s amenities but don\u2019t feel a sense of community, you may want to update your website to highlight those elements. You could add amenity photos and pictures of community events as well as a calendar showing virtual and in-person activities available to your residents.<\/p>\n<ol start=\"5\">\n<li><strong> Analyze customer sentiment<\/strong><\/li>\n<\/ol>\n<p>While reading (and responding) to every review is key, it\u2019s also important to keep an eye on the big picture. Gathering feedback in the form of online reviews is pointless if you\u2019re not analyzing customer sentiment to strategically promote change. Sentiment analysis often goes beyond star ratings to identify specific keywords that with positive and negative connotations, giving you more insight into single and accumulated reviews.<\/p>\n<p>Compare ratings and reviews quarter over quarter and year over year to see how your properties are trending and keep an eye out for red flags. If you see a negative shift in customer sentiment, you\u2019ll know it\u2019s time to give that property a little extra attention. And a positive shift may point to something new a property\u2019s done well that can be rolled out to other locations.<\/p>\n<p><strong>Action plan<\/strong><\/p>\n<p>Now is an ideal time to create or update your reputation management strategy to include each of these five elements. Working through them over the next quarter will help you identify and repair anything that\u2019s marring your image and scaring away prospects, positioning your brand for a strong start \u2014 and more affordable lead acquisition \u2014 in the new year.<\/p>\n<p>Reputation management requires both vigilance and attention to detail. If you\u2019re interested in getting a little help, <a href=\"https:\/\/www.yardi.com\/events\/webinars\/?rentcafereach\">join a RENT<em>Caf<\/em><em>\u00e9<\/em> Reach webinar<\/a> to see how we can support your goals. With self-service reputation management tools, a central dashboard, competition monitoring and a full-service option, Reach might be just the push you need to reach more renters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the age of online everything, it takes a lot more than a good website to stay on top. Ratings and reviews are the new \u201cword of mouth\u201d for multifamily properties, so it\u2019s critical to proactively monitor and protect your online reputation. Here are five reputation management strategies to make sure your communities get the [&hellip;]<\/p>\n","protected":false},"author":644,"featured_media":25605,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1440],"tags":[1106,220,62,2879,29],"class_list":["post-25582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marketing","tag-apartment-marketing","tag-leasing","tag-marketing","tag-moments-of-genius","tag-multifamily"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Yardi Blog<\/title>\n<meta name=\"description\" content=\"In the age of online everything, it takes a lot more than a good website to stay on top. Ratings and reviews are the new \u201cword of mouth\u201d for multifamily\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardi.com\/blog\/reputation-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reputation Management\" \/>\n<meta property=\"og:description\" content=\"In the age of online everything, it takes a lot more than a good website to stay on top. 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