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

representative list of rents adjustment method - Overview

• Component: RE

• Component Name: Real Estate Management

• Description: Rent adjustment for which customer-specific calculation bases can be implemented.

representative list of rents adjustment method - Details

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  Key Concepts: 
  The Representative List of Rents Adjustment Method is a feature of SAP Real Estate Management (RE-FX) that allows users to adjust the rent of a property based on a list of comparable properties. This method is used to ensure that the rent of a property is in line with the market rate. The list of comparable properties is created by the user and can be adjusted as needed. 
  
  How to use it: 
  To use the Representative List of Rents Adjustment Method, users must first create a list of comparable properties. This list should include properties that are similar in size, location, and other characteristics. Once the list is created, users can then adjust the rent of the property based on the average rent of the comparable properties. 
  
  Tips & Tricks: 
  When creating a list of comparable properties, it is important to make sure that all properties are similar in size, location, and other characteristics. This will ensure that the rent adjustment is accurate and in line with market rates. Additionally, it is important to regularly update the list of comparable properties to ensure that the rent adjustment remains accurate. 
  
  Related Information: 
  For more information on SAP Real Estate Management (RE-FX) and its features, please visit SAP’s website at https://www.sap.com/products/real-estate-management.html.