Equity Residential is a publicly traded real estate investment trust based in Chicago, Illinois.
As of January 31, 2016, the company owned or had investments in 316 properties consisting of 85,391 apartments located primarily in Boston, New York City, Washington DC, Seattle, San Francisco, and Southern California.
The company was added to the S&P 500 in 2001. The company has paid a dividend to its common stock shareholders in every year since 1993.
|Key people||David Neithercut (CEO) Samuel Zell (Chairman)|
|Headquarters||Riverside Plaza Chicago, Illinois|
|Traded as||NYSE: EQR S&P 500 Component|
NPS is a customer loyalty metric that measures customers’ willingness to not only return for another purchase or service but also make a recommendation to their family, friends or colleagues.
It is a powerful and effective technique, which can greatly increase a company's revenue if used properly.
The main advantages of NPS are close correlation with a company's growth and easy collection, interpretation and communication of the data.
Yes, it is.
Net Promoter Score is a number from -100 from 100.
Scores higher than 0 are typically considered to be good and scores above 50 are considered to be excellent.
The industry average for Real estate is 0.
The final Net Promoter Score of a company strongly depends on a context in which the satisfaction is measured.
Consider an example: If Equity Residential sends out NPS surveys immediately after purchase, they are tracking their customers' initial excitement and the checkout experience.
On the other hand, if they survey their customers a few weeks after the purchase they are also tracking how satisfied their customers are with their products and services over time.
Therefore, comparing the NPS score of Equity Residential with your own without any further context is not that useful.
What is extremely useful though, is using the NPS methodology to track the satisfaction of your customers over time. That's where Customer.guru comes in.
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We have estimated the Net Promoter Score of Equity Residential based on the publicly available information
including the sentiment of the company-related tweets, 3rd party reviews, and Alexa ratings.