The Importance of the Pricing Analyst

The Importance of Pricing Analyst

At many smaller and even medium-sized self-storage companies, the Store Manager (sometimes referred to as the Property Manager) often has de facto responsibility for setting the prices at which units are rented. This Store Manager is a multi-talented individual whose responsibilities include sales, customer service, and property management, all rolled into one. Pricing is another obligation…

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A Refresh And A Big Thank You

A Refresh And A Big Thanks

Veritec Solutions is happy to announce a refresh of our industry-leading self-storage revenue management solution, VRMS, with an updated log-in page, a new color scheme, an exciting new competitor mapping feature*, along with a variety of other updates. This is another way of saying a big “Thank You!” to all our clients, industry colleagues and…

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Hot Inflation, Hotter Self Storage Rents?

Hot Inflation, Hotter Self Storage Rents? Your rental rates depend on your particular situation, not necessarily inflation.

We have all seen the headlines. We even “feel” the headlines. Inflation in September 2022 was hotter than expected, at 8.2% over last September. According to the Federal Reserve, the central bank of the United States, “Inflation is the increase in the prices of goods and services over time. Inflation cannot be measured by an increase in the cost …

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