Keeping tabs on energy bills has never been more important
While metering and billing can’t be brought under a BTR resident’s package, that doesn’t mean it can’t be packaged in the same way as other resident communications
While metering and billing can’t be brought under a BTR resident’s package, that doesn’t mean it can’t be packaged in the same way as other resident communications
Here’s how UKAA members are working together to improve tech solutions for BTR operators
Using a sector-approved set of measures provides a benchmarking opportunity for business practices and operating standards, allowing a constant fine-tuning of actions and operations.
New apps can turn your customer’s mobile phone into a digital wallet for selected local vendors chosen by the operator, unlocking new revenue streams, increasing satisfaction, and improving community integration.
The customer lifetime value (CLV) metric is employed in many industries to measure the customer's total revenue generated over their relationship with your brand. However, the real estate market is currently not widely exploring the benefits.
Gathering and acting on resident insight is how the Build to Rent industry will future-proof its products and continue to be relevant to investors and customers alike.
Additionally, even at this early stage, the demographic of residents BTR typically attracts is becoming clear. We estimate that some 90% of residents are aged between 18 and 30, so whatever options developers consider, it’s pretty clear who they need to have in mind.