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WorksheetsWorksheet Questions Extraction
Total questions: 84
Worksheet time: 42mins
When do you report a work related injury?
Reporting is not required
As soon as it happens
The next day
After the Doctor appointment
When do you initially follow up with a potential Leads / Tours?
You don't have to, Entrata sends out auto-communication
Within 24-Hours
Within 3 days
Within 48-Hours
How long does it take a Resident Refund to process?
As soon as FMO is completed
1 week
15-Days
Up to 30-days
After Warranty items are received and invoiced, the process is complete.
True
False
Which apartment should I get rent ready and lease first?
8 days vacant
79 days vacant
97 days vacant
How often should the Safe and Sanitary Inspection be completed?
Every quarter
Every year
Every other year
Every decade
Which of these key control steps is improper?
Re-key the lock at turnover
Document each key check out/in
Keep keys in a locked box
Its okay to hand out the last key
What is optional in dealing with prospects?
Flagging the visit as a tour, if it was a tour
None
Following up and following through with the prospect
Entering the guestcard in Entrata
Pre-close consists of
Double checking for GL code errors
Checklist
All of the above
Double checking for missed invoices
What is the owner's goal?
Keep NOI the same
Increase NOI
Decrease ROI
Decrease NOI
What is Net Operating Income?
expenses - income
income - expenses
How do you increase NOI? *Read carefully
decrease expenses, decrease income
increase expenses, decrease income
decrease expenses, increase income
increase expenses, increase income
Why is it important to use the Entrata PO System?
Budgeting
Tracking
It's not important to use the PO system
What are some ways to increase income? *Select all that apply. Read carefully.
Charging FMOs appropriately
Charging for lease violations, when appropriate
Assess rental rates and fees on quarterly basis
Keeping concessions on ledgers when resident is late
You have received a credit invoice to HD Supply in the amount of $782.69. What is your first step?
Throw invoice away
Research
Enter the credit invoice to Entrata
Mr. Jones moved out of unit #37 three months ago and never made a payment on his balance of $1820.00. He made a payment to the collection agency and they sent you a check. Where does this get posted?
Misc income account
Bad debt income account
His ledger & revise FMO
Mrs. Garrett moved out of unit A96 two weeks ago, owing $537.22. She is paying in full. Where do you post the payment?
Her ledger & revise FMO
Bad debt income account
Misc income account
You opened the mail and received a check from the electric company. Is this considered actual income?
Yes
No
You are entering invoices for HD supply and come to the line item "dog waste bags". You can't remember if it should be coded to Recreational Maintenance or to Other Exterior Maintenance. What should you do first?
Flip a coin to select the code
Call someone and ask
Review the GL cheat sheet to see if its there
Purchase Orders are required BEFORE an item is purchased.
False
True
Giftcards require Regional Director approval
False
True
True or False: We must cease collections attempts on past residents who have filed bankruptcy.
False
True
If we receive a bankruptcy notice and the resident is ALREADY in collections, what should you do? (Note: There is only one answer)
Throw notice in the trash
Click "exclude from collections" and that is it
Call the collection agency to remove it from their credit, as well as send the notice we received. Upload notice into documents and update activity log.
People who present fake pay stubs are a risk because...
They're likely to default on rent payments
They're likely to skip or be evicted
They're likely to be sent to collections and not pay
Waitlist applicants must apply and be approved before we can add them to the paid waitlist.
False
True
True or False: The dollar value on the physical lease must be true rent only, not increased with short term fees or have concessions deducted from it.
False
True
The orientation checklist helps the resident understand the pertinent information and holds them accountable to it.
False
True
Bonus checklists should begin when an applicant applies
True
False
Turn schedules should be created in advance and updated at least weekly
True
False
Maintenance Checklists are optional
False
True
Using turn checklists helps eliminate "go backs", which ultimately creates a negative resident experience
False
True
New move ins without pets do not require a Petscreening.com profile
True
False
Internal notes are required on open work orders over 24 hours
False
True
All utility bills paid must be entered in the Utility Log.
True
False
All utilities require a PO
True
False
All purchases for a good or service performed require a PO before the item is purchased.
True
False
True or False: We generally cannot deny an application because they have a felony over 7 years old
False
True
The only felony WPMC reviews for up to 99 years are those of a sexual nature
True
False
If a resident locks themselves out after hours, they must call a locksmith. Our emergency on call tech cannot help them.
False
True
True or False: Following up with prospects is optional
False
True
Safety Data Sheets are mandatory and must be kept current.
False
True
Listening to Leasing Center calls helps me understand how I should alter my Leasing Center settings to better equip them with the right answers for my property.
False
True
Website Audits are important so that we can ensure our online presence is accurate and captivating.
True
False
Photo IDs must be verified before anyone moves in, regardless of whether or not we think we know them.
False
True
I need to make sure I am coding items to where I have them budgeted.
False
True
In reference to goals, "people" means....
Owners
Residents
Employees
Purchase Orders are required BEFORE an item is purchased.
False
True
Giftcards require Regional Director approval
False
True
We must cease collections attempts on past residents who have filed bankruptcy.
True
False
If we receive a bankruptcy notice and the resident is ALREADY in collections, what should you do?
Call the collection agency to remove it from their credit, as well as send the notice we received.
Click "exclude from collections" and that is it
Throw notice in the trash
People who present fake paystubs are a risk because...
They're likely to skip or be evicted
They're likely to be sent to collections and not pay
They're likely to default on rent payments
Waitlist applicants must apply and be approved before we can add them to the paid waitlist.
False
True
The dollar value on the physical lease must be true rent only, not increased with short term fees or have concessions deducted from it.
True
2020 Property Goals are (select all that apply)
Occupancy
Delinquency
Marketing
People
My tools for success include (select all that apply)
The Woodruff guest card
Good attitude
Pen/pad
Current availability
Some of the responsibilities of a leasing agent are (select all that apply)
Keeping Entrata updated
Budgets
Marketing
Leasing apartments
Following up with prospects is optional
True
False
A person's first impression of the property and WPMC is ME
True
False
Online leads need to be responded to....
ASAP - Early bird gets the worm!
After 24 hours is fine, no big deal
True or False: My name tag is part of my uniform & must be worn every day.
False
True
Bonus checklists should be a work in progress and I should check off the items as I go
False
True
Activity logs are our most important documentation tool and should be used to log important communications or incidents we have had with residents
True
False
Saying "You can't live here if you have a criminal record" is discriminatory and we cannot say this.
True
False
True or False: I am an amazing person & an awesome leasing agent!
True
False
The orientation checklist helps the resident understand the pertinent information and holds them accountable to it.
(a)
Waiting until the last day to complete Grace Hill courses is preferred.
True
False
Bonus checklists should begin when an applicant applies
True
False
Turn schedules should be created in advance and updated at least weekly
False
True
Maintenance Checklists are optional
True
False
Using turn checklists helps eliminate "go backs", which ultimately creates a negative resident experience.
False
True
New move ins without pets do not require a Petscreening.com profile
True
False
Internal notes are required on open work orders over 24 hours
False
True
All utilities require a PO.
False
True
All utility bills paid must be entered in the Utility Log.
False
True
All purchases for a good or service performed require a PO.
True
False
We can not tell prospects that they will be denied if they have any type of criminal record.
True
False
We generally cannot deny an application because they have a felony over 7 years old.
True
False
The only felony WPMC reviews for up to 99 years are those of a sexual nature
True
False
We typically review misdemeanors that are up to 3 years old
True
False
If a resident locks themselves out after hours, they must call a locksmith. Our emergency on call tech cannot help them.
True
False
I am a great property manager!
True
False
What are three property goals for 2020?
Occupancy
People
Delinquency
Marketing
What THREE major things are part of the company's 2020 Vision?
Follow up
Growth
Empowerment
Accountability
Communication
Where should the Emergencies guide be housed?
Manager's office
Maintenance Shop
Manager's house or car
