Speed vs. Quality in Filling Your Assisted Living Vacancy

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Speed vs. Quality in Filling Your Assisted Living Vacancy

Filling a vacant assisted living room quickly is the dream of ever owner/manager, but don’t discount the long-term benefits of taking whatever time you need to get a quality tenant in place. If you ignore your standard screening and review process, you could lose more money in the long run on a bad resident than you would by letting the room sit vacant for a little while longer.

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Think of it this way, if you ignore your standard procedures for marketing, screening and interviewing and fill a vacancy quickly with someone you haven’t properly checked out, you increase your risk of filling the room with a bad resident that does not fit with your community. A bad resident is more likely to either not pay rent or do something to get evicted.

 

Sure you may be able to evict giving a 30 day notice, during which time you may not collect payment and go through the expense of filling the room again.

Taking a few extra days or weeks to ensure you get the best resident possible, who is the least likely to cost you down the road.  Finding that balance between speed and quality is essential in making sure your assisted living investment is paying off.

 

Do you have any tried and true techniques you use to fill a vacancy faster with better residents?

 

Realtime Senior Living Update app allows you to share your available rooms and services to local professionals and referral sources helping clients find the perfect fit.

 

Please share this article and let us know your tips in the comment section below.

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