Posts by Alden Chang
Self Storage Value Pricing On The Internet
We are pleased to announce that Dr. Warren Lieberman, President of Veritec Solutions, will be a panelist on what is an increasingly critical topic, Value Pricing on the Internet, at the SSA 2019 Fall Conference & Trade Show. The panel will be held on Thursday, September 5th, at 8:45AM in the MGM Grand, Las Vegas. Jim Mooney, Jr., of…
Read MoreClearing Up the Month Boundary Myth of Self Storage
What time of the month do Self Storage Operators really change their prices? Anecdotally, we often hear that Self Storage operators are more likely to revise prices at the month boundary. By that, we mean either towards the end, or at the beginning, of a given month. Intuitively, this makes sense, as there are several…
Read MoreIt’s Not Just About Occupancy Anymore
Setting Self Storage Starting Rates Based on Occupancy It has been a common practice for Self Storage operators to set the starting price, or rate, for vacant units based mainly on occupancy conditions. If units were highly occupied, the starting rate would be higher. Conversely, if occupancy was low, so too was the starting rate.…
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