August 15, 2008—Rapid expansion and growing interest in local market touring services have established CORT as the largest touring service provider in the nation, driving corporate renters, literally, to CORT’s apartment community partners, according to the company that provides rental furniture and relocation services.
Local area tours, provided virtually everywhere in the nation, help relocating professionals become familiar with communities. Companies, including more than 80 percent of the Fortune 500 that CORT have served over the past 35 years, use tours to support employees they are recruiting or relocating for a new job or temporary assignment. In many cases, a CORT representative escorts the prospective renter directly to apartment communities.
In 2007, CORT increased the number of tours it provides by more than 300 percent. That activity is expected to grow at an even faster pace through 2008.
Relocations and temporary assignments are on the rise, says CORT. In the US alone, companies spend more than $13.5 billion a year to relocate more than 700,000 employees, according to the Employee Relocation Council. More than half of employees permanently relocating and more than 90 percent of employees temporarily assigned to new locations are renters.
Through CORT’s touring services, suite of rental relocation services and the nation’s most robust online apartment search Web site, ApartmentSearch.com, CORT is directing renters to apartment communities.
For more information, visit the CORT Web site as well as its FMLink ad.
