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by FesterCluck
749 days ago
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It gives the property management insight into rates charged for similarly sized and accommodated properties within their area. It starts as a means to compete in a market where rates aren't posted on the walls. Very quickly as the software becomes industry standard the dynamic reverses, and multi-property owners use it as a form of data-washing, knowing their competitors use the same software, as a means of price fixing without "speaking" to one another. This part of RealPage's offerings is a commercial price fixing collusion tool, plain and simple. - Disclosure: I formerly wrote software for and was employed by RealPage, though not on this specific product. |
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