Blocked objects
What is it?
The key figure represents the current number of rental properties that are currently unavailable for rental due to various reasons; it could be, for example, ongoing inspection, maintenance work, renovation or other temporary obstacles.
This key figure provides insights into the immediate rental capacity within the property portfolio and can be useful for planning rentals and managing anticipated vacancies. Organizations may need to consider these blocked items when planning new leases and revenue projections, as these items do not generate revenue during the period they are unavailable.
It is an important tool for property managers and property owners to ensure efficient leasing and monitor how long periods of unavailability affect the revenue stream. It can also be used to prioritize and plan maintenance and renovation work to minimize the impact on rental properties.
How is it calculated?
Number of rental properties
* Includes only rental properties with a rental restriction where today's date is between the restriction's from and to date.
Why is it important to follow?
Following the key figure is important for several reasons:
Rental Planning: It provides information on how many rental properties are currently unavailable for rental due to temporary impediments. It is crucial to plan the rental and avoid overbooking.
Revenue Forecasting: It is useful to estimate the potential impact on the revenue stream when rental properties are foreclosed. By taking these limitations into account, the organization can make more realistic revenue projections.
Maintenance planning: The key figure helps to prioritize and plan maintenance and renovation works to minimize the impact on the rental. It can help to optimize time frames and resource use.
Risk management: By monitoring the number of blocked rental properties, the organization can manage and minimize the potential risks that may arise due to unavailable properties, including lost revenue.
In summary, the key figure gives the organization insights into the current rental capacity and the temporary obstacles that affect the availability of rental properties. It is a valuable tool for rental planning, revenue forecasting and efficient management of the property portfolio.
Created by Homepal
10/31/2023
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