National Apartment Industry speaker, trainer, consultant and coach Terri Norvell is coming to Harrisburg on April 12, 2012 to present High Performance Selling and Motivational Accountability.  Terri helps property management companies and supplier organizations grow their people and profits. The Apartment Association of Central PA has invited AAGP members to attend at the member rate of $80 for a full day.  Take a road trip to Harrisburg this Spring for some professional training.

Questions? Email aacp1@verizon.net.

View flyer.

PHILADELPHIA’S FOURTH QUARTER 2011 INSIGHT INTO
MULTIFAMILY APPLICANT RISK INDEX

By: Jay Harris, Vice President of Business Services, CoreLogic SafeRent

The Multifamily Applicant Risk Index (MAR Index) is published quarterly by CoreLogic^® SafeRent^® and is based exclusively on applicant traffic credit quality scores from their statistical screening lease model(Registry ScorePLUS^®). This quarterly report provides property owners and managers with a benchmark with which to compare their portfolio’s performance. The fourth quarter national MAR Index, including studios, one-, two-, three- and four-bedroom units, was 101. The fourth quarter MAR Index value increased three points from the previous two years showing a higher renter credit quality through the end of 2011.

Here is how Philadelphia performed in the fourth quarter compared to last year:

• Philadelphia-Camden-Wilmington, PA-NJ-DE-MD: 4Q11 MAR Index = 110
• Philadelphia-Camden-Wilmington, PA-NJ-DE-MD: 4Q10 MAR Index = 105

The Multifamily Applicant Risk Index (MAR Index) provides trends of national and regional traffic credit quality scores whereby a lower index value indicates an applicant pool with a higher risk of not fulfilling lease obligations.For more information, visit saferent.com.

CORELOGIC, the stylized CoreLogic logo, SAFERENT and REGISTRY SCOREPLUS are registered trademarks owned by CoreLogic, Inc. and/or its subsidiaries. No trademark of CoreLogic shall be used without the express written consent of CoreLogic.

Have you voted in AAGP's latest poll yet? Tell us which of AAGP's annual events is your favorite.  I love the trade show because we get to see so many hundreds of our members all in one place, and the professionalism in our industry is truly on display.  -Linda