Prominent figure in Texas property market, Marcus Hiles appreciates the common knowledge that people want to savor the lavish comfort of their homes at an affordable rate. What landlords will rarely reveal is that they use yield management software, which automatically raises rent when popular floorplans are requested. Marcus Hiles not only specializes in anticipating real estate market trends, but also shares the knowledge of how to negotiate rental rates.
If renters ask the landlord what floorplans are available without persistently looking for the most popular designs, the rent price decreases. A New York Times article states that yield management software can also benefit residents. Marcus Hiles advises renters looking to sign a lease to keep in mind a few factors that may impact their renting decisions. A Forbes article on how to negotiate rental prices collects information about the neighborhood, the landlord, and what other tenants are paying are all influencers to finding lower rental rates. Renters shouldn’t be afraid to negotiate prices either. “Negotiation points for me as a landlord and property manager are length of lease and credit,” says Denise Supplee of SparkRental.com, a full-service rental automation service. Another option is to offer to sign a long-term lease, advises Hiles. Landlords like the idea of being able to keep turnover rates down while still meeting their profit needs.
Founding CEO of Western Rim Property Services, Marcus Hiles has spent nearly three decades working hard to meet the public need for high-end developments. Being the son of an inner city minister, Hiles is deeply committed to education and has donated over $2.5 million to public and private K-12 initiatives, after school programs, and university career services and job placement programs.
About Western Rim Property Services:
Western Rim Property Services, Inc. develops, owns, and manages apartment homes in Dallas/Fort Worth, Austin, New Braunfels, San Antonio, and Houston, Texas. Known to offer a contemporary, high quality and luxurious lifestyle to its residents, the firm’s mission is simple: build the highest quality homes in the very best locations, maximizing views with signature amenities, in superior school districts. This assures a rapid lease-up and excellent customer acceptance.