Fast Forward Property Management, located in the San Francisco Bay Area, is offering three tips to property owners on how to fill vacancies.

“Owners and property managers invest a great deal of time and money to attract and maintain high-quality residents,” said Jade Powell of Fast Forward Property Management. “High vacancy rates can quickly turn a highly profitable investment property into a money-losing liability.  When a tenant leaves, you lose money by not being able to collect rent and can spend a considerable amount of time and money painting, repairing, cleaning, and advertising your unit.”

Fast Forward Property Management offers expert advice for those in the Bay Area, Sonoma County, San Francisco, Sacramento, San Jose, and Santa Rosa looking to fill their vacancy with a new tenant.

The following three tips should be considered by property owners:

First, place banners and signs around the property and launch ad campaigns online and with other media outlets.

Second, work with real estate sales professionals to develop referrals. Real estate sales professionals are a great source because many people go to them for listings, especially those new to the area, so it is wise to build a business relationship with them.

Finally, offer $150 to $250 to any tenant who refers someone that is approved for a lease. This provides motivation for current tenants to be on the lookout for new tenants, minimizing the amount of time and money spent by the property owner searching for someone to fill the vacancy.

These are great suggestions that every property owner should bear in mind to maintain successful rental properties.

For more information about property management, and all services provided by Fast Forward Property Management, visit them on the web at www.FastForwardPMBayArea.com or call them at (877) 388-0998.

About Fast Forward Property Management

Fast Forward Property Management is a property management firm in the San Francisco Bay Area that specializes in managing apartment buildings, HOA, and commercial properties.  The staff at Fast Forward Property Management has over 40 years of experience in rental management. They offer the Greater Bay Area communities of Sacramento, San Francisco, San Jose, Santa Rosa, and Sonoma County property management services.

Filed under:

Real Estate , Fast Forward Property Management, BlockShopper BNR, San Francisco Bay Area

Article source: http://sf.blockshopper.com/news/story/243210-Bay_Area_Fast_Forward_Property_Management_Offers_Three_Tips_on_Improving_Vacancy_Rates

Now, getting the word out to neighbors about an upcoming event is just a blog, Facebook post or tweet away. A team of Prometheans, called “The Voice”, are dedicated to creating content and promoting the company’s social media presence. Staying connected via social media helps build a closer, more personally engaged community at Prometheus properties.

“Advertising is traditionally very sales orientated,” said Cindy Park, Vice President of Marketing, “with social media, we can communicate in our own voice, providing engaging and useful information. We’re building community with our current neighbors while reaching out and making a personal connection with future neighbors.”

Article source: http://www.bradenton.com/2011/04/15/3117891/embracing-social-media-at-prometheus.html

SAN MATEO, Calif., April 15, 2011 /PRNewswire/ — For Prometheus Real Estate Group, the largest owner of apartments in the San Francisco Bay area, breaking the mold of traditional advertising started with a simple blog. Today, Prometheus leverages the power of Twitter, Facebook and other social media outlets across their diverse portfolio of properties. The effort allows Prometheus Real Estate employees (whom the company dubs “Prometheans”) to share relevant, helpful information like interior design tips, neighborhood news suggestions, and property info by engaging in a dynamic exchange with residents (appropriately referred to as “Neighbors”).

Now, getting the word out to neighbors about an upcoming event is just a blog, Facebook post or tweet away. A team of Prometheans, called “The Voice”, are dedicated to creating content and promoting the company’s social media presence. Staying connected via social media helps build a closer, more personally engaged community at Prometheus properties.

“Advertising is traditionally very sales orientated,” said Cindy Park, Vice President of Marketing, “with social media, we can communicate in our own voice, providing engaging and useful information. We’re building community with our current neighbors while reaching out and making a personal connection with future neighbors.”

The result is a more open and responsive relationship between Prometheus and their neighbors.

“It’s just another way to deliver great service and make our neighbors feel at home,” said Park.

About Prometheus

Since its inception in 1965, Prometheus Real Estate Group has specialized in the development and management of high quality residential properties throughout the Western United States. Today, they are the largest private owner of multi-family properties in the San Francisco Bay area with a growing portfolio of more than 18,000 metropolitan area apartments in Seattle, Portland, OR and Los Angeles. Recognition includes:

• 2010 MHN Best Property Management Company of the Year
• Three Gold Nugget Awards One Grand Award from the Pacific Coast Builder’s Conference
• First Place in Customer Service and Experience from For Rent Magazine
• Californian Landscape Association Trophy Award
• Portland Advertising Federation Rosey Award
• Multi-House News Design Excellence Award

For more information visit:

http://prometheusreg.com

Facebook/PrometheusApts

Twitter/PrometheusApts

LinkedIn/Companies/Prometheus-Real-Estate-Group

SOURCE Prometheus Real Estate Group

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Article source: http://www.prnewswire.com/news-releases/embracing-social-media-at-prometheus-119924424.html