Pricing Flashcards

(2 cards)

1
Q

What is the primary source of revenue for a community?

A

Rental income

Understanding pricing factors is crucial for an onsite manager.

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2
Q

Name the factors that affect rental rates.

A
  • Economic Conditions
  • Housing trends
  • Law of Supply and Demand
  • Rent optimization programs
  • Competitors offerings
  • Property features
  • Pr and government aste housing

These factors must be considered to effectively manage rental pricing.

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