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The Data-Driven 'Make-Ready': How to Optimize Your Turnover Process
In multi-family property management, the apartment turnover, or "make-ready," is one of the most operationally complex and financially critical processes. It is also an area that is often managed by gut feeling rather than by data. A slow or inconsistent turnover process is a direct drain on your Net Operating Income (NOI) through vacancy loss. The key to optimizing this process is to track the data, identify the bottlenecks, and partner with a vendor that understands this data-driven approach. A professional firm like SHARPLINE INC. knows that the fastest turn is a predictable one, and predictability comes from data.
The first and most important metric you must track is "days vacant." This is the key performance indicator (KPI) for your entire make-ready process. You must measure, obsessively, the number of days from "move-out" to "move-in." A study by the National Apartment Association (NAA) has shown that the average turn time can be as high as 10-14 days. However, high-performing operators who use professional, full-service vendors can cut this time to 3-5 days. At an average rent of $60/day, that 7-day difference represents $420 in saved revenue per unit.
So, how do you cut those days? You must track the "sub-metrics." Break down your turnover process into its core components and time them. How many days from move-out to the "trash-out" and initial inspection? How many days for painting? How many days for cleaning? How many days for repairs? When you track this data, you will quickly find your bottleneck. In almost all cases, the bottleneck is "vendor scheduling"—the lost days spent waiting for your painter to show up, then waiting for your cleaner, then waiting for your maintenance tech. This is where the data presents a clear solution: a full-service, "one-call" turnover vendor.
A full-service model, where one partner manages all aspects of the turn (paint, clean, repair, and resurfacing), has a dramatic, measurable impact on the timeline. It eliminates the "vendor scheduling" bottleneck entirely. The process becomes a production line, not a series of stops and starts. The trash-out crew, the painters, and the cleaners are all part of one team, scheduled by one project manager. The data shows this model is simply more efficient, consistently producing a high-quality, move-in-ready unit in a fraction of the time.
This data-driven approach is also essential for budgeting. For managers overseeing apartment turnovers and renovation in Philadelphia, where the building stock is older, the make-ready process can be unpredictable. An inspection might reveal a simple paint-and-clean, or it might reveal a need for significant plaster repair and a new subfloor. A professional turnover partner can provide you with tiered, data-backed pricing. They can give you a fixed cost for a "Standard Turn," a "Medium Turn," and a "Heavy Turn." This allows you to accurately forecast your CapEx and OpEx budgets, transforming your turnover costs from a monthly surprise to a predictable, manageable line item.
Your turnover process should not be guesswork. It should be one of the most optimized, data-rich parts of your operation. By tracking your "days vacant," identifying your scheduling bottlenecks, and partnering with a full-service vendor, you can take control of your process, protect your NOI, and run a more efficient, profitable building.
To partner with a data-driven turnover specialist, contact SHARPLINE.