With September 15th just around the corner, you’ll want to prepare your staff for the next phase of the three credit bureau’s National Consumer Assistance Plan (NCAP). Aiming to improve the quality of their public record data, Experian®, Equifax®, and TransUnion® have been slowly rolling out the implementation of these standards in phases, with full implementation expected by March 2018.
On August 23rd, 2017 Ed Murray, the Mayor of the City of Seattle, signed into law an ordinance restricting the use of criminal background information for resident screening. Aiming to lower the barriers to housing for applicants who have ‘served their time’, the law holds the same sentiment as the city’s Fair Chance Employment ordinance, but puts the burden on the multifamily industry this time. This law will become effective 30 days after it is expected to be signed, on September 23rd, 2017.
Pre-employment screening safeguards against potential threats to you, your staff, and your company, and it is a great first step to determining whether or not a job applicant is the right fit. Verifying that the employment screening service you’re using is effective is necessary to protecting your workplace assets. To ensure your provider is screening job applicants to your standards, double check to see if your employment screening provider is doing these 3 vital things.
When you see articles within the multifamily industry talking about the amenities millennials want, you see smart locks, partnerships with urban coffee shops, and free yoga classes… but do all millennials really want these things? While most renters (millennials or not) wouldn’t mind living closer to their favorite coffee shop, after interviewing renters across California, I’ve found that ‘Generation Yers’ might not have as expensive tastes as the industry thinks. In fact, millennials are quite interested in finding a home with inexpensive amenities.
Whether you’re a networking newbie at multifamily events or you’re a true rental tradeshow veteran, knowing how to follow up with exhibitors and vendors after the conference is a crucial step to networking. Don’t let the connections you built up at a tradeshow go to waste. If you take the time to properly follow up and build relationships with your colleagues and vendor representatives, you’ll be able to reap the career benefits later on.
California lawmakers reconvened yesterday, on August 21st, from their summer recess and began to tackle hundreds of pending housing legislation. Since the beginning of 2017, legislation targeting affordable housing, creating rental controls, and enforcing “just cause” evictions have been the trend. As both the House and the Senate begin to vote on important California housing legislation, now would be a good time to review what’s at stake with a few of these bills.
It’s time to move over Millennials, Generation Z are the new renters in town. While the rental industry has been focusing on how to attract and retain millennial residents, the next generation is quickly coming to rental age. The big question is, ‘how can you prepare for this upcoming generation?’