Writing ยท Pricing / Revenue Management
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๐จ๐๐ฎ๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐๐๐ฌ๐ข๐๐ฌ. ๐๐ก๐ ๐๐๐จ๐ซ๐ ๐๐ข๐ฅ๐ฅ ๐๐๐ค๐ ๐๐๐ซ๐ ๐จ๐ ๐๐ญ๐ฌ๐๐ฅ๐.
John Wooden didnโt give pre-game speeches about โbeating the opponent.โ
In fact, he rarely mentioned who they were playing.
One player joked that the team manager had to buy a program just to find out.
Woodenโs focus was simple:
Get as close as possible to being the best you can be.
Let the scoreboard reflect the workโnot the hype.
And it worked. Ten national titles. Four perfect seasons. No fluff.
What Woodenโs Philosophy Means for Property Managers
In multifamily, we waste too much energy watching competitors.
Whatโs that lease-up offering?
Should we try this new AI leasing bot?
How did they open with 90% preleased?
Thatโs distraction dressed up as strategy.
The real game is inside your own gates:
Are your units 100% turn-ready?
Are your leads being followed up with quickly and consistently?
Do your residents get their work orders done rightโthe first time?
If you nail the basics, your performance improves. If you donโt, no amount of software or concessions will save you.
Woodenโs RulesโAdapted for Property Management
1. Start with the shoes.
Wooden taught his players to put on socks correctly to prevent blisters.
For us? Walk your property. Every morning.
Is the trash empty? Landscaping clean? Leasing office inviting?
First impressions either earn trust or break it.
2. Master the fundamentals.
Wooden ran the same drills until players couldnโt get them wrong.
Property version:
Answer every call within 30 seconds.
Return every lead within 2 hours.
Inspect every make-ready unitโdonโt guess, verify.
3. Keep it simple.
UCLA ran just a few offensive sets.
Donโt overwhelm your team with 12 closing tools or 9 lease specials.
Pick what works. Train it. Repeat it.
4. Watch the tape.
Wooden reviewed practice film. You should review leasing calls.
Grade the basics. Spot the gaps. Make it a habit.
5. Focus on what you can control.
You canโt control market rent growth or cap rates.
You can control or influence:(Just a few to get you thinking)
How your team handles calls and tours
How work orders are handled
Move-ins completed with no callbacks
Those metrics tell you where to lookโand where to improve.
Real Story. No Hype.
I once audited a struggling lease-up. The team blamed traffic and pricing.
But the truth? The model unit wasnโt clean. Phones werenโt answered.
And the leasing agents were winging it.
We fixed the basics:
Clean, ready units
Clear follow-up process
Daily accountability checks
Within 60 days, the property went from panic to momentum.
No fancy tech. No rent drop. Just fundamentals.
Woodenโs dad said:
โDonโt try to be better than someone else, but never cease trying to be the best you can be.โ
Stop obsessing over what the other guys are doing.
Fix whatโs under your roof. Train your team. Focus on execution.
Do that, and the scoreboardโNOI, occupancy, renewalsโwill take care of itself.