TraceRENT Insights
Deep dives on data transparency, housing innovation, and the people powering TraceRENT. Explore perspectives from our team, partners, and the communities we serve.
If you own or manage rental properties, you have probably spent time scrolling through listings, comparing rents on spreadsheets, or just asking around to figure out…
Read moreThe multifamily revenue management software market has exploded. Every vendor claims to be the leader. For Canadian operators trying to pick a multifamily revenue…
Read moreMost property managers still handle rental pricing manually. Spreadsheet. Comparable units nearby. Some adjustments. A decision. It takes hours. It happens whenever the…
Read moreDynamic pricing works in hotels. Dynamic pricing works in airlines. For multifamily operators, dynamic rental pricing has become essential but also risky. One wrong…
Read moreSummer is high season. Winter is low season. Most operators know this. Most operators also price naively during seasons, leaving money on the table in summer and…
Read moreFair housing compliance for Canadian apartment operators means one thing: every rental pricing decision must be defensible without reference to tenant demographics.
Read moreEvery Canadian landlord faces the same challenge when renewal season arrives. You need to justify a rent increase. You know costs went up. You know the market shifted.…
Read moreIf property managers manage more than 50 units, the pain is already familiar. Opening a spreadsheet, checking listings, adjusting for floor plan and floor level, hoping…
Read moreMultifamily revenue management software has gone from a luxury to a baseline requirement in about three years. In 2023, maybe 20% of Canadian operators with 100+ units…
Read moreTurnover costs between $3,000 and $5,000 per unit in a Canadian multifamily property. That includes vacancy loss, make-ready costs, leasing commissions, and the admin…
Read moreTwo years ago, AI in rental pricing was a curiosity. Something the big US REITs were experimenting with. Something most Canadian operators figured they would get to…
Read moreRevenue optimizer software is one of those terms that gets thrown around in multifamily conference panels without anyone stopping to explain what it actually means. If…
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