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5 Ways to Work with RealtyCom to Boost Revenue Stream

Have you ever thought, is there any “low hanging fruit” that can potentially add income to my bottom line at a property?

Our clients often come to us inquiring what they can do to boost their telecom revenue.  This is an area that RealtyCom loves to assist with as it’s a win-win for both our Clients and the Service Providers!

Below are some ideas, but this should not limit your creativity to come up with more – we’re always happy to work with your teams and the Service Providers to create a marketing plan or facilitate in any way.  If you do not have a local Service Provider representative, RealtyCom can assist in making an introduction.

  1. Ensure all move-in materials include information on the Service Provider(s) you have selected to be able to market their products. Including Internet speed that can be delivered to your property is helpful.  This could be a brochure from the Provider, a utility sign-up page or via your property portal/website in advance of move-in.  Often, there are discounts for new residents so it’s beneficial to remind your residents to “ask about move-in specials”.
  2. Property could display Service Provider posters/brochures in common areas including elevator bulletin boards, leasing […]
By |2019-08-13T17:33:37-06:00August 13th, 2019|

Giving Back To Our Community

Giving back to our community is important to the RealtyCom team, and at least twice a year we eagerly participate in charitable events.

We recently made swift work of putting together care packs for our local homeless center. We hope our small contribution will make a homeless person feel that someone cares, and that they matter.

As always we had a lot of fun in the process – check out those beautiful RealtyCom smiles.

By |2019-08-07T23:57:14-06:00August 7th, 2019|

Telecom Contracts: The Importance of Due Diligence

RealtyCom Partners’ is dedicated to bringing thoughtful multifamily telecom solutions to our Clients. In 2018 alone, our Clients purchased and sold a combined 103,000 apartment units. For each of these transactions, an integral part of our process is to collect and review our Clients’ service provider agreements, allowing us to compare current and future service options and revenue models. Ultimately our goal is to research and identify contract terms and bring opportunities for future services and negotiations that will accomplish our Clients’ goals of highest resident satisfaction and revenue yield.

Our Director of Business Operations, Bob Reiss, oversees our due diligence team and has been in the telecom industry for over 20 years. Joining us from Charter Communications and Comcast he has extensive experience with contract management and negotiation. Bob answers the top 3 questions asked by Clients:

  1. What are some of the contractual obligations of telecom agreements that I should be aware of?

There are several areas of concern RealtyCom pays special attention to, including: automatic renewal terms, mandatory assignment at sale, wiring ownership in perpetuity, potential for conflicting marketing rights granted to two or more providers, early termination fee schedules, bulk (owner-paid) […]

By |2024-01-18T11:29:07-07:00July 26th, 2019|
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