Keep in mind you can use the Centershift “vacant units/intended terminations” report with the promotions check box checked. This is a new report that is virtually the same as the Metro Daily Promotion Report, except for the ARD rate. The Vacant Units/Intended Termination Report is real-time meaning it represents vacant units, rental rates (in yellow) and promotions (in green) based upon the occupancy at the time the report was printed. When using the Vacant Units/Intended Termination Report remember the rate shown is the current street rate, NOT the ARD rate for that unit.
As of 2/3/2013, the ARD discount % is -8% for all stores except Metro CG, Metro RV, Metro SE and Metro RS. These 4 exception stores have a -3% ARD discount.
To calculate the ARD rate for a unit:
- Multiply the current street rate by .92 (1.00 - .08)
- Or use.97 instead of .92 if you are one of the 4 exception stores.
For example – using a -8% ARD discount Calculator Input
If the street rate is $109, the ARD rate is $100 (109 x .92)
If the street rate is $59, the ARD rate is $54 (59 x .92)
If the street rate is $229, the ARD rate is $211 (229 x .92)
If you need assistance in performing a rate change at move in or reservation, review pages 112-114 of the CS40 User Guide.