Interesting find, Brian. “RealPage’s policy strongly discourages negotiating rent prices with tenants, thus empathy with tenants are most sacrificed as a result.”
This would explain why move-in and new lease-renewals incentives have all but disappeared in the property rental business. Asset Management companies would prefer leaving properties unoccupied rather than negotiate price. It’s a matter of interest to me because I read about people on fixed incomes being forced to leave their dwellings due to increases in payments. The asset management companies also have an alliance with credit bureaus as they promise to help build credit profiles for a monthly price.
A can of worms.
The whole market tends to be a scam when on the industrial level. And these management companies are crime racket that drives up the price even more.