Rental Performance Surges in Thrilling Year End Rally
Closed Rentals Reach Stellar Heights with December Delivering 960% Target Achievement
The year 2023 closed with a bang for the closed rental team, as performance skyrocketed in the final quarter, culminating in a record-breaking December. Let's dive into the key highlights and stories that fueled this success:
Rental Revenue Rockets:
- December: The grand finale saw a staggering 1163.00% achievement of the target, generating a colossal ₱581,500.00 in closed rentals! This remarkable performance nearly doubled the previous best month (November's 805%).
- Year-to-Date: The upward trajectory throughout the year translated into a 302.67% target achievement, with a total of ₱1,917,500.00 in closed rentals. This surpassed the initial yearly target by a whopping 319.58%%.
Unit Occupancy Soars:
- December: The number of units rented out mirrored the revenue surge, with 25 units leased, exceeding the target by 833.33%. This marked a significant climb from the single-digit figures seen earlier in the year.
- Year-to-Date: Occupancy rates steadily climbed throughout the year, culminating in a 238.89% target achievement with 86 units rented out. This impressive figure reflects a more than threefold increase compared to the initial yearly target.
Producer Network Expands:
- December: The team welcomed 10 new producers, bringing the total to 16 for the year. This represents a 166.67% increase compared to the target, showcasing the team's dedication to building a robust network of rental professionals.
- Year-to-Date: The producer network saw consistent growth, exceeding the target by 113.89%. This expansion paves the way for even greater rental success in the years to come.
Recruitment Efforts Bear Fruit:
- November: While recruitment remained quiet throughout most of the year, November witnessed a breakthrough with 12 successful recruitments, exceeding the target by 240%.
- Year-to-Date: Despite a slow start, the team managed to secure 18 recruitments by year-end, representing a 30% target achievement. This provides a solid foundation for further recruitment efforts in the upcoming year.
Looking Ahead:
Fueled by the momentum of the year-end performance, the closed rental team is poised for even greater success in 2024. With a focus on further expanding the producer network, refining recruitment strategies, and implementing data-driven marketing initiatives, the team is confident in exceeding even the most ambitious goals.