The use of analytics to predict consumer behavior on a micro-market level and optimize product availability and price to maximize revenue growth. In real estate, this involves identifying ways to “beat” market rental rates with unique offerings or to improve vacancy rates by “beating” competition.
Filed under Asset Management, Operations
Related terms
- Property Manager2023
- Pain-Per-Dollar2023
- Multi-touch Reminders2023
- Month-To-Month Tenancy2023
- Lease2023
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