For the multifamily housing industry, the key to revenue growth is accurate demand forecasting and optimal rent setting to minimize vacancy loss and maximize revenue. This is what revenue management software does. Rainmaker has the most diverse experience with revenue management and demand forecasting, providing comprehensive solutions that deliver proven results and exceptional value — solutions consisting of software, implementation, application training and support, and associated business consulting services.
Rainmaker LRO® (Lease Rent Options) enables multifamily housing operators to most effectively optimize rates and maximize revenue from apartment leases. LRO is used to price more than one million units in North America, and in every LRO implementation, positive results have been realized – many times far more significant than expected. LRO maximizes revenue from day one – balancing between rents, occupancy, and turn-costs while considering market conditions. The effectiveness of the Rainmaker LRO system is not only evident in the actual revenue lift realized, LRO is the only multifamily revenue management application whose results have also been held up and independently validated by two industry leading management consulting firms.
Rainmaker's LRO Budget™ application leverages a more robust, scientific, analytical approach to budgeting and demand forecasting. By integrating directly with your property management software and the LRO revenue management system, LRO Budget delivers a mathematical sophistication and greater accuracy to forecasting to help owners/operators significantly streamline the budgeting process.
LRO Student™ is the first revenue management platform of its kind engineered specifically for the student housing market. Beyond pricing recommendations based on mathematical analysis, historical data and market share, student housing owners and operators using LRO Student now have greater flexibility and ability to react to leasing pace, supply and demand constraints, and can gain access to more robust market share comparisons.
Rainmaker consistently researches and conducts real-world testing of cutting-edge revenue management approaches and has well-defined product roadmaps to continually help customers improve results. Also deeply committed to the industry, Rainmaker proudly supports the following national associations, as well as many regional and state associatons.
- NMHC (National Multi Housing Council) Board of Directors and Advisory Committee member, as well as Friends of the Council sponsor
- NAA (National Apartment Association) National Supplier Council member