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If anything, shouldn’t that drive prices down, as landlords now know exactly how much to undercut their competitors to still make a profit but also get more rap
by manwe150 2y ago
If anything, shouldn’t that drive prices down, as landlords now know exactly how much to undercut their competitors to still make a profit but also get more rapid turnover? I thought microeconomic competitive market theory assumes that more information is always a positive influence on markets, at least for the simplified models. Is RealPage a counter example?
- SoftTalker 2y agoThe agreement between RealPage and the landlord is that they do not undercut RealPage's recommended rent amount.
- Arainach 2y agoTo use RealPage you have to agree to not sell below their algorithmic price.