Should Apartment Associations Offer Valet Trash Service If you are a manager for apartment associations then you understand that there are many things to think about. If you are looking to become a landlord then you will soon find this out. Waste management is one of the less glamorous things that apartments associations and even individual apartment building owners have to think about. Valet trash is a service that is not being offered across the country. But, should apartment associations offer valet trash service?
The Waste Management Problem You don’t have to be a landlord to understand the issues of waste management in an apartment complex. Dumpsters are placed in several locations around the property. Unfortunately, they are farther from some apartments then others. There is the smell. Not to mention, trash that litters the path to the dumpsters from tenants who can’t seem to keep everything in their bags. Finally, there are the tenants who just can’t seem to hit a hole to save their life. This all can create an odor and beauty problem for all of your tenants. What if there was a service that handled waste management for you and paid you to do it?
Enter Valet Trash Service Imagine if your tenants didn’t have to take their trash to the dumpster themselves. Better yet, someone who was vested in keeping your apartment associations’ properties clean picked up the trash every morning. The tenants are given individual trash depositories at their individual apartments. All they have to do is take the trash bag out the front door. Now, imagine if these helpful trash pickup workers also cleaned the area around your dumpster. You didn’t have to worry about tenants leaving trash on the ground. You didn’t have to worry about the smell.
Does this sound too good to be true? This is exactly what a valet trash service offers you. They provide individual trash “cans” outside of each apartment. But, these don’t detract from the look of your property. They are designed to not be eye sores at all. The services employees come through every morning, collect the trash, and take it to the dumpster.
Apartment Associations Get Added Income Without Added Work You can see the many different benefits of valet trash service. You get properties that smell better and are free of trash laying around. But, you also can make money offering your tenants this valuable service. No, you don’t have to start a Valet Trash Service. Valet trash services actually pay apartment associations for the right to offer this to their tenants. This is exactly what apartment associations across the country are doing by working a valet trash service.
Give Your Tenants A Luxury Amenity Ok, we have discussed what a valet trash service does. We have also discussed how your company can earn additional income from it. But, there is another benefit that we haven’t talked about. This benefit is the fact that you are offering your tenant a luxury that they usually only find at luxury apartment complexes. Your tenants will see you as the hero. They will see that you went out of your way to offer a luxury amenity. It illustrates that you truly care about them. You will simply be seen as the hero. They don’t know that your company is actually making money off of it. That will be our little secret.
Increase Tenant Retention Anyone that has worked in real estate knows that keeping tenants is a constant concern. If your properties aren’t rented then they aren’t making money. Anything that apartment associations can do to increase tenant retention is always a great idea. The longer a tenant stays then the more money you make. Plus, there is the time that it takes to pour through applications, run checks, and find new tenants.
Valet trash service has been proven to do just this. Tenants are simply more satisfied with apartment associations that offer this service. They are more likely to renew their leases. It was even found that tenants paid their rent quicker.
Why Aren’t You Offering a Valet Trash Service? We don’t have to tell you that there are many potential headaches for apartment associations. Anything that can help reduce your staffs’ workload can be a huge blessing. On top of all that, you have to make sure that your company is staying profitable. We have illustrated how valet trash service not only removes the headache of waste management from you and makes your tenants happier. On top of all that, you also get additional income for no additional work. So, why aren’t you offering a valet trash service?