Valley Rental Housing Journal August 2015

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August 2015

Rental Housing Journal Valley

2. Dear Maintenance Men 3. Membership Has Its Privileges: MFNW 6. Ask the Secret Shopper

EUGENE • SALEM • ALBANY • CORVALLIS

VALLE

WWW.RENTALHOUSINGJOURNAL.COM • PROFESSIONAL PUBLISHING, INC

EUGENE • SALEM • ALBANY • CORVALLIS

What Landlords Need to Know About Bed Bugs By: Chuck Nelson, Owner of Dog Inspectors eing a landlord is no easy task. It is riddled with responsibilities, from screening all tenants to taking care of maintenance repairs and keeping properties clean. Perhaps one of the most dreaded calls a landlord can get is, “I think we have bed bugs.” According to a 2015 Bugs Without Borders Survey, conducted by the National Pest Management Association and the University of Kentucky, the No. 1 place where pest professionals report finding bed bugs is apartments/condominiums. That’s why it’s important for landlords to be prepared and respond effectively. Be prepared As a landlord, you’re bound to run into a bed bug issue at some point in time. First, you must determine what laws apply to your state to ensure that you know what you are responsible for should you be faced with a tenant infestation. Twenty-two states have laws addressing bed bugs in rental properties, institutional facilities and schools. In many states, landlords have a duty to maintain their buildings free of pests. Although laws in most of these states use very general terms for ‘pests,’ those in Florida and New York City specify that landlords must exterminate bed bugs. In some states, landlords only need to act if more than one unit is infected. Once you know what laws pertain to your state, develop a proactive plan to prevent bed bugs from entering your building. For example, schedule a pest control or K-9 inspection after each tenant leaves. You can continued on page 6

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Professional Publishing, Inc PO Box 30327 Portland, OR 97294-3327

Today’s Online Renter

National Study Sheds Light on Changing Prospect Behaviors and Preferences By Doug Miller e just conducted a 2015 revisit of our landmark 2011 “Today’s Online Renter” study. The study addressed questions about how today’s online prospects shop, what drives rental decisions, what impact reviews have, the importance of social media and more. Big picture, transparency and the basics are more important than ever. • Shopping, Rental Decisions, Brand, Trust • 60.1% of apartment shoppers used a smart phone or tablet in their search (26.3% in 2011) and 78.3% visited a property’s website before contacting the office. Therefore websites must utilize Responsive Website Designs (as of April 2015 Google boosts rankings for sites with RWD) and HTML5 coding (how Apple products read websites and permits for ideal viewing on smartphones, tablets, laptops). • The Top Five sources used changed since 2011 [chart], and review sites now a top source. Since 45.4% of shoppers now use review sites, it is critical to manage the resident experience and a property’s reputation.

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Apartment shopping sources ILS Apartment community or management company website Driving in desired neighborhoods Search engine Rating / review website Referrals Printed apartment guide Apartment community or management company social media Newspaper advertising

2015 Total 68.8% 66.5% 59.2% 50.5% 45.4% 42.4% 21.1% 11.6% 6.1%

• Prospects focus on basics: photos, floor plans, rents, specials, availability, and features / amenities. Reviews are also very important (4.18 on a five point importance scale) because they offer the transparency today’s consumer demands. • The top rated factor impacting rental decisions was viewing an actual apartment home available to lease; this has implications on the market ready process and raises questions about how much to invest in models (ranked #12). Consistent with importance of transparency ...continued on page 4

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