Rental Housing Journal Utah
April 2015 - Vol. 7 Issue 4
2. Ask The Attorney: The Help Line Energy Efficiency Upgrades Save Money 3. Curb Appeal and Landscape Maintenance 4. Keep the FAIR in Fair Housing!
6. Board Chair's Message: The UAA Is All About YOU 7. Director's Message: Do Boom Times Now Mean a Crash is Around the Corner? 8. Apartment Renters are Renewing Leases at Historically High Levels
UPCOMING EVENTS:
General Membership Meetings All meetings 7 pm – for addresses go to www.uaageneralmembershipmeetings.com Ogden..............................................................May 7th Orem..............................................................May 22th Salt Lake City.............................................May 29th
Events Golf Tounament........................................July 15th Economic Forecast................September 15th
WWW.RENTALHOUSINGJOURNAL.COM • PROFESSIONAL PUBLISHING, INC Official Publication
of T he
Utah Apartment Association Utah's Leading Advocate
Rentler: Changing the Way the Rental Industry Works
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ou could have the best property in the world available to rent out, but it won’t matter if people can’t see your listing. Likewise, if tenant turnover is high, a great investment can become a money pit. Rentler was started by people who know the challenges that come with renting a property and have simplified the process - from beginning to end. “My mission was to provide the rental market with a way to list properties, screen potential tenants, sign leasing agreements, and accept online rent payments…everything digital and seamless.” said Jason Bangerter, Rentler’s CEO. “I saw a need and a problem that I, myself, trudged through for years and I decided enough was enough.” By guiding you through the rental process and offering tools that eliminate everything from overlooked listings to bad tenants, Rentler is determined to make leasing as painless as possible.
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www . uaahq . org
Salt Lake City Fourth in the Country for Apartment Inventory Growth
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Fair Housing… The Ultimate Leasing Tool By Rick Ellis, CPM ELLIS Consulting Group
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Rental Housing Industry – 888-244-0401 –
ith so many new apartments being built across the country, the cities that have had the most new construction over the past five years show how the next wave of new apartments now under construction might be absorbed. Absorption is a measure of how quickly the new units are rented. “The bottom line is a very basic story,” says Greg Willett, vice president of research and analysis for MPF Research, a division of RealPage Inc. “Building a lot of product isn’t a bad thing when there is demand there for all of those additions.” Relatively strong job growth and pent up demand for apartments has enabled the new units being built to be quickly absorbed in many of the top markets in the country, including Salt Lake City,
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Professional Publishing, Inc., PO Box 6244 Beaverton, OR 97007
for the
L
ooking to rev up your leasing efforts? Here is a hot tip: Practice Fair Housing! What? Practice fair housing? You mean treat everyone the same regardless of Race, Color, Creed, National Origin, Gender, Family Status, or Handicapped? Isn’t that a given? We are required by law to adhere to the federal Fair Housing guidelines. But that is not exactly what I mean. Of course we will all obey the federal fair housing mandate. We will
never discriminate in housing based on any of the seven protected classes. Nor will we treat people differently based on the many state and local protected classes such as student status, sexual preference, and active military. Discriminating based on these protected classes would be against the law and get us in BIG legal trouble personally, fined six figures, and fired from our job. Most on-site professionals rigidly and strictly adhere to every aspect of the Fair Housing guidelines. These are not optional “guidelines”. It is the law! With great effort to be in compliance, leasing professionals
say and do all the right things to follow the law to the letter. This fulfills their obligation to “the law” but does that detached observance really enhance the on-site professional’s relationship and influence on a rental prospect? How can fair housing improve your leasing presentation? How can genuine adherence to fair housing energize your ability to lease more apartments? Easy…it is all about SPIRIT. Rather than simply following the Fair Housing law as we are legally bound, take it to the next step. Practice the SPIRIT of Fair Housing. ...continued on page 10
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