Many in the Real Estate industry are talking about “Resident Benefits Packages”, but it isn’t a walk in the park…from trying to figure out which "services" to bundle into Resident Benefits Packages, to the looming White House regulations (Junk Fees), it is imperative to provide a package that would actually help your residents while keeping things simple.
Whether or not you are rolling out a Resident Benefits Package, you can instantly super-charge your resident experience with an addition of Resident Perks—a curated collection of pre-negotiated discounts for products & services your residents are already looking for.
Some of the most popular resident perks being offered by real estate operators right now are: furniture discounts, renters insurance, identity protection, pest control, food, lifestyle products and many others. Most of these are must haves for residents from high rise apartment buildings to single family homes, and is a win-win to offer as an enticement for long term residents new and current.
For example, John and Mary? are moving into their new apartment in New York City. They are in need of renters insurance, a place nearby for grooming services that would be the right fit for their puppy, a friendly dog walking service, and a discount for EV charging in the parking lot that services their building. John and Mary are able to access their building’s Resident Perks program powered by Paylode to find the right fit and the right discounted price for these specific needs. John and Mary are satisfied tenants and far more likely to remain in the building long term. Resident engagement & retention are key. Ernesto Herrera-Brito (Manager of Resident Services-Streetlane Homes) says it best:
"Paylode was so easy to set up and doesn’t take much time to manage. They enabled us to unlock a whole new stream of ancillary revenue, while providing our residents with a phenomenal experience. Best of all, our residents LOVE the perks!"
Paylode is spearheading the growth of Resident Perks Programs for the Real Estate industry. Click Here to Request a Free Demo to see the power of Paylode in action. Paylode empowers multifamily operators, single family rentals, and growing Real Estate brands to quickly launch a Resident Perks Program for their residents.