There's a lot more to Pricing and Revenue Management (PRM) than just pricing calls and maintaining your PRM software. You need the business acumen to understand organizational objectives. You need the flexibility to adapt to unique situations for properties and to navigate changing market and competitive dynamics. You need the soft skills to succeed through people, understanding each organization's unique culture.
For almost two decades, a revolution of PRM processes and technology has helped multifamily operators to deliver unprecedented growth. And while systems have boosted this growth, the most successful companies are the ones who focus not just on the technology but the people managing the systems.
At first glance, the difference between good revenue management and great revenue management man not look like a big deal, but consider this: a 50 bps revenue impact on a 10,000 unit portfolio represents a $14 million difference in value.
RevX is a new service for owners & operators looking to augment their team with deep PRM expertise and know-how and independence from software providers. RevX helps small to mid-market operators develop the same capabilities and controls that large operators have.
Gain easy, flexible access to a team of experts with more than a century of revenue management and multifamily experience
Entrust analysis and decision-making to Senior PRM advisors who have led this function for premier owners and operators
Benefit from the deepest available expertise in multifamily PRM and operations - members of our team have also headed marketing, training, and supply chain functions for leading owners and operators
Get objective advice. D2 Demand does not provide software products - our only objective is yours: maximizing Revenue per Unit (RPU) for your portfolio
Get the facts you need to hear (even if they aren't the ones you want to hear!) Most of the team have a multifamily ownership background - thinking like owners is in our DNA!
Increase Rent per Unit (RPU) uplift from your existing PRM investments
Boost team performance permanently, through consistent, repeatable processes and training
Make better decisions based on better information from thorough pricing calls
Capture untapped, recurring revenue from low-hanging fruit (eg floor plans, amenities and renewals process)
Gain operational control and confidence through enhanced planning and execution
Strengthen integration and alignment between pricing and other related functional areas
Interested in learning more about what RevX can do for you? Fill out the short form on this page and one of your advisors will respond right away.
