House Community Joins the Renotta Network
In a significant development for the real estate market in Nagasaki,
House Community Corporation has officially joined the
Renotta network. Renotta, a prominent brand specializing in rental renovations, is managed by
Class Co. Consulting Firm headquartered in Kanazawa, Ishikawa Prefecture. This move aims to fortify the rental renovation services available in the region, providing a much-needed boost to local real estate operations.
Strengthening Renovation Services
The decision to join Renotta is rooted in House Community's desire to enhance its renovation business. With an increasing demand for effective interior renovation proposals that resonate with current market needs, the partnership is seen as a vital step towards improving the appeal of their properties.
By leveraging Renotta's extensive portfolio of successful case studies and design expertise, House Community aims to establish a solid foundation for delivering high-quality renovations consistently. This enhancement in design capabilities is expected to play a crucial role in addressing vacancies and optimizing rental prices, thus empowering property owners to achieve higher occupancy rates and better rental income.
A Response to Market Challenges
House Community manages over 6,000 properties in Nagasaki City. The challenges posed by Japan's declining population have made full occupancy increasingly difficult. In response, the company has recognized the necessity of improving their renovation services by joining Renotta. Their goal is to offer unique renovation proposals that will differentiate them from competitors and ultimately boost property occupancy rates for their owners.
Background of Renotta
Renotta was launched in June 2012 by Class Co. to address the rising vacancy rates, which have reached a staggering
13.6% across Japan. This increase is attributed to the decline in the population, leading to a surge in vacant properties and falling rental prices, especially in rural areas. Focusing on the value and utilization of existing homes, Renotta has become a network of over
700 locations nationwide, offering innovative rental renovation services designed for property owners.
Utilizing a comprehensive approach that includes effective promotional activities and investment analysis, Renotta's services aim to reduce vacancy periods and enhance rental rates. The brand boasts impressive statistics, showcasing a
33.3% average increase in rental rates post-renovation and a remarkable
72.3% repeat client rate, underscoring its commitment to improving profitability for rental owners while catering to the diverse lifestyle needs of tenants.
Qualification Program: Rent Improvement Specialist
To further support property owners, Renotta has introduced the
Rent Improvement Specialist qualification within its franchise network. This credential equips professionals with essential knowledge and strategies to lift property values and effectively tackle challenges such as aging buildings, vacancy risks, and the evolving preferences of potential tenants. By merging design acumen with long-term investment strategies, this program aims to facilitate rental price and income increases across the member network.
House Community Company Overview
- - Company Name: House Community Corporation
- - Headquarters: 5-36 Goto-cho, Nagasaki City, Nagasaki Prefecture 850-0036, Japan
- - CEO: Yuudai Hirai
- - Website: House Community
For property owners looking to capitalize on the benefits of rental renovations, more information is available at the following links: