What is representative list of rents in SAP RE - Real Estate Management?

SAP Term: representative list of rents

• Component: RE

• Component Name: Real Estate Management

• Description: A means of summarizing the rent prices of apartments in a particular locality that match defined geographical and infrastructural criteria. Automatic rent adjustments are performed on the basis of the representative list of rents. The representative list of rents, assigned on the level of the business entity, is also an adjustment method.

Smart SAP Assistant

• Key Concepts: 
  Representative list of rents is a feature in SAP Real Estate Management (RE) that allows users to create a list of rent values for different types of properties. This list can be used to compare and analyze the rent values of different properties and to determine the most suitable rent for a particular property. 
  
  How to use it: 
  To use the representative list of rents, users must first create a list of rent values for different types of properties. This can be done by entering the rent values for each type of property into the system. Once the list is created, users can then compare and analyze the rent values of different properties and determine the most suitable rent for a particular property. 
  
  Tips & Tricks: 
  When creating a representative list of rents, it is important to ensure that all rent values are up-to-date and accurate. Additionally, users should consider factors such as location, amenities, and other factors when determining the most suitable rent for a particular property. 
  
  Related Information: 
  For more information on SAP Real Estate Management (RE) and its features, please refer to the official SAP website or contact your local SAP representative.