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What customer-pricing behavior does the episode say smaller owners should avoid copying from REITs?

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Question #

What customer-pricing behavior does the episode say smaller owners should avoid copying from REITs?

Answer #

Smaller owners should avoid bait-and-switch style promotions, such as very cheap introductory rent followed by aggressive increases, and should instead use fair, transparent pricing that encourages longer customer stays.

Source #

Episode 495 Ñ Episode 495.docx