Multifamily marketers and property managers actively monitor and manage the public’s online opinion of them as part of reputation management. This ongoing task is crucial because residents’ online experiences, once shared, can significantly influence prospective tenants’ decisions on touring the property.
In branding, you create a unique identity that resonates with prospective residents. However, your reputation forms through customers’ or potential customers’ experienced reality. Managing your reputation is crucial for maintaining a good one.
What Is Apartment Reputation Management & Why Is It Important?
Improving how people perceive your multifamily property on the internet involves actively managing your apartment’s reputation, which includes:
- Maintaining your business profile
- Posting on social media and engaging with followers
- Encouraging residents to leave positive reviews
- Investing in reputation management software
- Addressing and responding to both positive and negative reviews
Your apartment’s online reputation influences the number of leads you receive, the success of your marketing efforts, and even the rent you can charge. Neglecting reputation management could result in costly consequences.
Reputation Management for Apartments
Now that you understand the importance of maintaining a positive apartment reputation, let’s explore strategies to manage it. While most online reputation management methods incur no cost, some may require a small fee. Nevertheless, maintaining a positive online presence is challenging to quantify with a price cap.
The list of impactful strategies for real estate reputation management includes:
1. Track Reviews Online
To stay ahead of feedback, it’s crucial to actively seek out its sources. Conducting a Google search for your business’s name allows you to readily locate both positive and negative apartment reviews.
Moreover, actively search for your building or property management company on review apps. Additionally, browse through social media to check for mentions of your company. Acquiring this knowledge marks the initial step towards improving your reputation.
Once you have identified online sentiments about your business, invest time in comprehending their perspectives. Understanding the reasons behind their dissatisfaction helps you to take appropriate actions to address their concerns.
2. Respond to Positive & Negative Feedback
When you are a public entity, bad reviews come along with it. However, handling bad publicity effectively involves responding in a manner that showcases professionalism.
How to respond to negative apartment reviews:
- Maintain politeness: Regardless of disagreement, always maintain a polite and professional tone. Starting with, “I apologize for your experience,” can effectively begin the process of resolution.
- Acknowledge responsibility: If you are at fault for a specific incident, accepting responsibility can help repair your reputation. Offering to rectify the situation demonstrates professionalism and trustworthiness.
- State the facts: In cases of constructed claims, remain calm and truthful. When encountering an inaccurate review, politely correct the information and offer further discussion. Maintaining a respected reputation involves responding to positive apartment reviews with the same professionalism. The principles of being courteous, kind, and truthful apply equally to both positive and negative feedback.
3. Be Intentional About Branding
Crafting a narrative that defines your identity as a property manager, owner, or company lies at the core of branding. Good branding encourages customer loyalty and can increase leads or enhance your lead-to-lease conversion rate.
Some of the most effective marketing strategies for enhancing your reputation include:
- Crafting apartment posts on social media platforms.
- Utilizing email platforms to send updates and marketing materials to subscribers.
- Producing top-of-funnel content like blog posts and guest posts to reach a broader audience and spark interest.
4. Ask for Feedback From Satisfied Residents
One of the best ways to ensure balanced reviews is by asking satisfied residents to leave feedback. Requesting a quote from a happy resident politely is not difficult. Additionally, if you are truly committed to fostering a listener-focused relationship, consider sending out surveys to existing or past tenants.
5. Invest in Reputation Management Software
Reputation management software enables you to monitor your internet presence effortlessly, eliminating the need for manual site searches. Most reputation management platforms collect data and generate reports on your apartment’s trending status.
Moreover, reputation management software simplifies the tracking of analytics from content posted on your website or social media pages.
Conclusion
Multifamily marketers and property managers understand the importance of reputation management in shaping public opinion in the digital era. With residents’ online experiences significantly influencing prospective tenants’ decisions, actively monitoring and managing online feedback becomes imperative. Apartment reputation management comprises various strategies, including addressing reviews, engaging on social media, and investing in reputation management software. Implementing proactive strategies can help maintain a positive apartment reputation and ensure long-term success in the competitive real estate market.
For any further queries related to reputation management or property management, you can contact us at BFPM.
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