Preview

NALP Study Guide Keys to Success in Leasing 1

Good Essays
Open Document
Open Document
576 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
NALP Study Guide Keys to Success in Leasing 1
Keys to Success in Leasing

Why are Leasing Professionals so important to their apartment communities?
Increase revenue by leasing and renewing apartments to qualified applicants and residents
Enhance the value of the community by marketing and selling the apartments at the most achievable rent rates to qualified prospective residents
Adhere to the industry’s regulations and therefore minimize liability for the owner and/or management firm

In what specific ways can a Leasing Professional impact the apartment community or building?
Show and lease apartments
Deal with and serve residents
Market to prospective residents
Accurate pulse on their market, their own community’s impact on the market, and their own community’s impact on the industry

What are some factors that make the Leasing Professional Position attractive?
Constantly changing job
More sophisticated as a business
Expanded career paths
Possible long-term career
Fast-paced
Interesting

What roles (like a counselor or chauffeur) does a typical Leasing Professional perform?
Social director
Mathematician
Computer expert
List the 9 skills that can ensure success as a Leasing Professional (and an industry professional) below. As you study, review all facets of each of these skills. Consider what successful execution of each skill “looks like” in practice.
People Skills
Technical Skills
Administrative Skills
Communication
Business Analysis
Project Management
Teamwork
Continuous Improvement
Writing & Documentation
Coaching
Technology Savvy
Participant Management

Review the qualities of a successful Leasing Professional.
1. Positive Self-Image
2. Appropriate Work Habits
3. Self-discipline
4. Proper Judgment
5. Independence
6. Ethical Work Behavior
7. Self-awareness
8. Strong Communication Skills
9. High Energy Level
Define “goal”: ­The end to which a person aims to reach or accomplish
Property Goals:
Reduce move-outs
Improve maintenance productivity
Maximize market rents
Increase collections

You May Also Find These Documents Helpful

  • Good Essays

    A resident or students, affiliates, staff, or faculty of Henderson State University can enter into Whispering Oaks Lease Contract for acquiring dwelling during the tenure in the university. However, the resident must enter into this rental agreement in accordance with the terms and conditions of the tenancy as well as Whispering Oaks Community Policies, Whispering Oaks Community Lease Addendum, Lease Guaranty Agreement and Pet Lease Addendum. The resident and the guarantor must submit copy of valid photo identification and SSN while signing and entering into the lease contract. In addition, the resident may need to pay additional non-refundable Pet Deposit in case the permission is granted to keep a pet in the…

    • 455 Words
    • 2 Pages
    Good Essays
  • Good Essays

    “There are a few things we can do to make city living more affordable. The first is that we can build more subsidized housing. The second is incentive zoning, so that we can encourage the private market to build subsidized housing. But the most important thing we can do is increase the supply of housing.…

    • 640 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Lit 121.56

    • 1420 Words
    • 6 Pages

    • Liability: [What are the limits on liability and protection of not only business assets, but personal assets and future earning power of the owner beyond this particular business?]…

    • 1420 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    MOS2275 Study Guide

    • 3369 Words
    • 23 Pages

    of law to ensure the future of their business by entering into contracts. They also can seek…

    • 3369 Words
    • 23 Pages
    Powerful Essays
  • Satisfactory Essays

    Bus 210 Code of Conduct

    • 335 Words
    • 2 Pages

    III. Comply with applicable federal, state and local regulations with regard to licensing and certification. To ensure a safe and enjoyable experience for our clients and to maintain our integrity.…

    • 335 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Bus Econ

    • 1217 Words
    • 5 Pages

    |data on supply and demand for the whole market and are being asked what effect that has on you as a small part of that market. |…

    • 1217 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Lit1

    • 493 Words
    • 2 Pages

    Liability. You are concerned about operational liability of the employees handling work on your behalf, as well as your personal liability for the operations and debts of the organization.…

    • 493 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Minimum Lease Case Study

    • 483 Words
    • 2 Pages

    The lease of a combustion turbine by Big Bear Power from Goliath Co includes three provisions that we must examine to determine whether they should be included in the “minimum lease payment” as defined in ASC 840.…

    • 483 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The key to limiting liability exposure is to realize where your company might be vulnerable. It is important to be able to recognize possible situations that make a company vulnerable. Knowing all possible significant aspects of any liability associated to the type of business an owner wants to participate in is vital. A business owner should always understand and have working knowledge of all laws that apply to your business to prevent liabilities.…

    • 612 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Unit 37

    • 1183 Words
    • 4 Pages

    1.2 + 1.3: We have regulations and guidelines with policies and procedures to follow to protect the client for example hear are just a view ways in which we must do this:…

    • 1183 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    assignment week 6

    • 766 Words
    • 5 Pages

    complexes, with a roommate or roommates to make it affordable. The community needs to get…

    • 766 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    JMI Executive Summary

    • 277 Words
    • 2 Pages

    At JMI we focus on tailoring our services to our clients' needs, reducing risk, and maximizing cash flow over the entire course of our partnership. We use extensive research based marketing solutions and our experience as a full service brokerage to provide our clients with results. Our property management methods reflect our unique understanding of landlord expectations and tenant needs. We employ industry best practices and seasoned experts to go beyond simply managing your building's operations. We are continually seeking innovative ways to enhance the value of your property. We make it our goal is to put every client's property on track to achieve market leading occupancy, cash flow, and overall value.…

    • 277 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Business Torts Wk 2

    • 2107 Words
    • 9 Pages

    Proposed actions a company may take to avoid tort liability and litigation are vital to organizations. Proposed actions a company may take to avoid product liability risk may be a way out of liability issues. Assessing methods for managing legal risk arising from domestic and international regulatory matters is the best way to beat business torts. an integral aspect of a business liability practice is to take ongoing proactive measures through direct collaboration to avoid lawsuits before they are filed. Seeking advice from government authorities, specialists and risk-management consultants is a technique buinsess should use. It is in every company’s business interest to allocate resources to identify risks and avoid descrepancies within the buisness (Parchomovsky, 2008).…

    • 2107 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Empowering Social Care Users

    • 3290 Words
    • 14 Pages

    Proper adherence to different regulations: Ensuring the duties and protecting the rights of the users by effectively following different regulations can be very effective way of promoting the management of risk.…

    • 3290 Words
    • 14 Pages
    Better Essays
  • Satisfactory Essays

    workplace ethics

    • 278 Words
    • 2 Pages

    Each of the following parts of this project will help you use the skills you have learned in this unit to complete a well-written report on the business skill you have selected.…

    • 278 Words
    • 2 Pages
    Satisfactory Essays