What's Hot and What's Not
....for 1997 Apartment Homes
by Lisa Trosien and Jamie Gorski
Isn't it amazing that in the apartment industry where we strive so hard to make our apartments feel "homelike" that at least half of the hottest things in the market are based on hotel style accommodations? Apartment residents are getting the best of everything these days the amenities of home ownership (without the headaches) and the perks of hotel stay, but within their own apartment. Couple these with the flexibility afforded by leasing vs. owning and you wonder why people ever bother to buy a house!
What's Hot!
| Technology |
Wake up calls |
| Voice mail |
Fiberoptic lighting |
| Six line phone capacity |
Double phone jacks |
Stereo speakers & wiring in every room |
Home offices |
| Virtual apartment tours |
Virtual beach walks |
| Keyless entry systems |
Credit application via email |
| Prospect screening on the WWW |
Free Internet service |
| Electronic bulletin board access |
24 hour marketing center |
Your own apartment community Website |
Direct link from WWW apartment guide ad to your Website |
| On site video conferencing center |
Automated teller machine on site |
| Automated rental payments |
Grocery ordering and delivery service via the Internet |
"No Place Like Home" touches
Custom painted apartment doors with stenciling |
Solid oak apartment doors |
| Brass entry handles instead of doorknobs |
Double bathroom sinks |
| Bay windows |
Full-length, beveled glass mirrors |
| Brass kickplates for apartment doors |
Glass block shower enclosures |
| Customized kitchen organizers |
Wood, plank, terracotte or ceramic flooring |
| Crown molding |
Berber carpeting |
| Hearth & mantle fireplaces |
Window seats |
Under counter water purification systems |
"Design your own apartment" packages |
Customized reracking wire closet shelves |
In-apartment recycling centers |
| Two tone paint jobs (dark beige walls, bright white trim) |
Home office |
| Rounded corners |
Garden tubs |
| Arched doorways |
Ceramic kitchen backsplashes |
| One bedroom, two bath apartments |
Bathroom telephone jacks |
| Built-in, pre-wired entertainment center |
Fax machine included with apartment |
| Full size blinds |
Plantation shutters |
Amenities
| Kid's computer study centers |
Conference room |
Office center with: computer,
color scanner, color printer,
typewriter, coin-op fax or
credit card fax machine |
Weekly jazz brunch |
| Pick up & Drop off dry cleaning, laundry & shoe repair |
Continental breakfast daily |
| Free daily newspaper delivery |
Caterer on call |
| Valet rent check pick up service |
Valet trash service |
| Doctor and Dentist "after hours" |
Gardening plots |
| Personal trainer and nutritionist |
Lobby Aviaries |
| Poolside food and beverage service |
Car care area |
| "Sundown Service" guarantee |
Car detailing service |
| Personal cassette players attached to all fitness machines |
Pre-taped aerobic classes |
| Laptop computer checkout from leasing cntr |
Maid service |
| Three story buildings with elevators |
Discounted movie tickets |
Peace of mind
| Personal intrusion alarms |
Auto controlled entry gate |
| Fully gated community w/ 24 hr courtesy officers |
Swiss designed locks |
| Criminal background checks on all employees |
Car de-icing and snow removal |
| Valet car service |
Bus and train passes |
| Extended hour, routine maintenance |
Name Brand Management |
| Renter's insurance included |
Photo i.d. required to see apartments |
| Free labor to hook up all electronics |
Refund security deposit with lease renewal |
What's Not!
| "Euro" or Mauve anything |
Mirrored Walls |
| Outdated appliances |
Outdated closet shelving and racks |
| "Gimmicky" sales techniques |
Freshly baked cookies in the leasing office |
| Human directionals |
Maintenance personnel without uniforms |
| Answering machines |
Full month's rent as security deposit |
| Closed on Sunday |
High pressure leasing constraints |
| Fill in the blank form letters |
Leasing offices only open 9-5 |
| Mini blinds |
Lease renewals done by mail |
| Over-decorated models |
Basketball courts |
| Chair rails |
Tanning beds |
| Track lighting |
Bleached wood |
There you have it ... the "What's Hot and What's Not" for 1997. This survey was conducted in over 50 markets in the U.S. and Canada, and included approximately 500 apartment communities. If you don't have anything in the "What's Hot!" section, don't worry ...you could be in Singapore where you have to include a bomb shelter. Or Japan, where a windmill in your front lawn supplies power, and ever apartment comes complete with a composting bin!
Reprinted with permission
About the authors: This article is from Let's Party! The Quarterly Marketing and Retention Magazine. Increase your profit potential with resident retention and kiss creative burnout goodbye with the inexpensive and easy to implement marketing retention ideas in Let's Party. Mention this article & ComPortOne and receive $10 off the cover price! Email Let's Party! or call 1-888-2RETAIN.
Lisa Trosien is the president of IMPACT Marketing, Training and Seminars. She can be reached at 630-898-8898.
Jamie Gorski is vice president of corporate Marketing for Draper & Kramer, Inc. in Chicago. Email Jamie or call her at 312-346-8600
Copyright 1996-1997 ComPortOne. All rights reserved.
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