In this episode Dom is the guest and the Digible Dudes (Reid Wicoff and David Staley) ask the questions about the ongoing antitrust lawsuits surrounding multifamily revenue management and the potential impacts on the industry. It was a great way to provide a high-level summary of some of the main themes of this season, including:
The origins and motivations behind the lawsuits: how the ProPublica article sparked a wave of private lawsuits, highlighting allegations that RealPage’s revenue management software enabled price-fixing across multifamily properties.
How revenue management software really works and why it doesn’t support the alleged “collusion” to inflate rents, as claimed by the lawsuits.
How the Department of Justice got involved, and what that could mean for multifamily operators.
What’s next for revenue management technology in multifamily? And how multifamily pricing software could evolve to address current challenges, offering a vision for next-generation revenue management systems that better balance transparency and data insights.Link to the Digible Dudes on YouTube
Sponsors for this episode:
Radix - Transparent Multifamily Market Data
Revenue Edge - Strategic Pricing Solutions
Snappt - Fraud Detection and Income Verification
20for20 white paper on multifamily revenue management and competition:
https://lp.20for20.com/23-wp-multifamily-revenue-management
To get access to the latest 20for20 articles, papers and news about forthcoming events, subscribe to our blog at 20for20.com.
Connect with Dom Beveridge (Principal, 20for20) via LinkedIn, or email to [email protected].
Our theme, “Beautiful Geometry” by Phish Funk is licensed under a Attribution-NonCommercial 3.0 International License.