I saw RealPage's crappy rent-jacking-up software so you don't have to

Re:I saw RealPage's crappy rent-jacking-up software so you d... by vel0city on Friday February 24, 2023 @04:07PM (#34930154)

> Still, the impression given to the property's management team is that a person (possibly a customer service grunt) is doing some kind of "final review," manually clicking a box or even just making sure they don't drop below 80% acceptance.

Or making sure their leasing agents aren't issuing leases that will lose the company money.

If the building's budgets are based around leasing apartments at at least $2/sqft, and leasing agents start issuing leases at $1.50/sqft without anyone else knowing or approving, there's going to be a problem. Those leasing agents aren't always privy (or even care to know) about the budgets of the building.

If a waiter starts selling the $5 hamburgers for $1, do you think the business is going to do well? Should the waiter have the ability to arbitrarily decide menu prices?

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Re:I saw RealPage's crappy rent-jacking-up software so you d... by solarmist on Friday February 24, 2023 @07:17PM (#34932203)

That isn't at all the same. You could handle that by ensuring the leasing agent's manager sees all the leases going through.

This is a cartel going around making sure that all the businesses are playing ball, so they can set prices for everyone how they see fit.

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Re:I saw RealPage's crappy rent-jacking-up software so you d... by vel0city on Friday February 24, 2023 @08:00PM (#34932550)

Yeah and you could have the manager at the restaurant inspect everyone's checks or you can just standardize price strategies for the location and auto-approve leases which meet established criteria.

[ Parent | on HN ]