For this week, let’s focus on application fees and ancillary income.

#1. With application fees—what are your company policies and procedures? Have you made any changes to your application fees this year?

#2. In your market—how are your direct/local competing properties handling their application fees? What kind of feedback are you hearing from your renters about these fees?

#3. What kind of training do you give to those on your property management team about how you want them to handle their application fees? Do you give them some room to negotiate onsite when they are looking to close a rental lease?

Related to the points/questions above, what post, question and/or observation might you add to the discussion threads below—as an industry leader?

Industry Knowledge, Ancillary Income: http://tinyurl.com/pw2p4eo

Industry Knowledge, Employee Policy & Procedure Manuals: http://tinyurl.com/ob4l4h9

Surf the url below for 15+ ways to create more ancillary income + join an upcoming webcast to learn more about industry best practices and fast-moving new trends/strategies, http://www.powerhour.com/propertymanagement/ancillaryincome

Your LinkedIn group owner/moderator
Patricia McLoughlin
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For the list of the Best 108 Property Management Industry Knowledge discussions with 16,000+ posts/comments already made, surf here: http://www.powerhour.com/propertymanagement/linkedingroups.html#ik