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LRO Pricing Overview
An integration between the AMSI
Evolution Suite and Rainmaker LRO revenue management software provides
the user with simplified lease and rent pricing toward the goal of optimized
rates and revenue for units.
An eDex Web service provides
the exchange of property and market data needed to arrive at the LRO recommended
pricing in eSite, where the Lease Move-In and Application processes show
the LRO recommended price as the Quoted Rent. The Daily LRO Pricing report
provides expected move-in date ranges in conjunction with pricing information
on units available to lease as of the report run date.
Refer
to eDex for more information about the Web service.
Effect of Policies
The property policy Enable LRO pricing
recommendation must be selected to use this feature.
When used, during application and move-in eSite requires
the user to enter the Expected Move-In Date, Lease Begins Date and Lease
Ends Date, as this data is used for LRO pricing recommendations.
The amount shown in the Quoted Rent field is the LRO
pricing recommendation amount, which matches the Effective Rent as shown
on the Daily LRO Pricing Report if
the application's Lease Begins Date and Lease Ends Date fall within the
date range posted via the Web method.
Effect of Permissions
Users must have the user security permission to override
the amount shown in the Quoted
Rent field. In the System Module, select Security—Users—eSite—Application
& Move-In—Override LRO Recommended quoted rent.
Users must have the user security permission to run the
Daily LRO Pricing report. In the System module select Security—Users—eSite—Reports—Leasing
Reports—Daily LRO Pricing.
Effect of
See Also
Leasing
Reports Overview
LRO
Review Approve Overview
Reports Overview
Report Printing
Options
Select
Properties