What residents want, landlords are now expected to provide.
The most successful landlords today try to provide their residents with excellent service. What do today’s renters want? HousingWire and Rental Housing Journal described some of the priorities of millennial renters. Millennial renters care about a rental property’s cost, location, and commute time to work. Recently GlobeSt. reported that sustainability is becoming a more important issue for tenants as well.
Not just millennials, boomers rent too
Baby boomers are the other big renter group these days. When choosing a housing rental, baby boomer renters care about price and location. Baby boomer renters want a rental that has good walkability and ease of maintenance. The baby boomer and millennial generations make up the majority of the rental market. National Real Estate Professional reports that technology and community are also big priorities.
Knowing what renters want, technology can help landlords meet the following expectations:
Technology is more than a luxury, it's an expectation
With some creativity, landlords can can use available technology to help meet many tenant needs. Careful consideration and research will help determine what technology is worth the time, effort and cost. Residents appreciate when efforts are made to increase their satisfaction and improve the quality of their community.
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