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100 Communities: Data from My Exploration of Today’s Leasing Experience

100 Communities: Data from My Exploration of Today’s Leasing Experience

As I wrote in my last blog, I recently set out to visit 100 Class A apartment communities from coast to coast in 100 days.

It was an ambitious goal, but my purpose was a simple one: I wanted to get a truly informed perspective on what today’s prospects experience when they visit and tour our communities. I wanted to see where our onsite teams need to improve and where they are knocking it out of the park.

 

The exciting part is there are a lot of opportunities for improvement. I know the COVID-19 pandemic has brought in-person tours to a virtual standstill. This could provide a reset button and could offer leasing teams a valuable chance to evaluate the in-person experience they’re providing and to consider the improvements they should implement once the leasing office opens back up, most of which are free, back to basics and completely controllable. 

 

Our industry spends an incredible amount of money and time on generating incoming leads, monitoring the responses to those leads and focusing on the follow-up after the prospect visit. But we don’t spend a lot of time analyzing the in-person experience.

 

In my previous post, I shared some of my general observations of the in-person experience from my visits. In this blog, I wanted to provide some of the data I gathered about the different parts of the prospect visit. The graphs below outline how often certain things happened during my 100-community tour. 

 

Greetings and First Impressions:

Here’s the Cliff Notes version: apartment communities need a renewed focus on the first impression created by onsite associates. Way too often, I had to wait after arriving, and overall team members just didn’t make me feel as welcomed and appreciated as a prospect should feel. 

 

The Discovery:

The bottom line with the discovery process is that it frequently felt a little cold, a little impersonal. It often seemed like associates were going through the motions, asking as few questions as possible. And, maybe worst of all, they were still using paper for guest cards and sticky notes!

 

 

Tour and Wrap Up:

During the tours, I was definitely struck once again by the impersonal nature of the experience. Associates routinely didn’t introduce me to other team members and didn't ask the kinds of questions that would help them truly consult me as to which apartment was best for me. Also, the vast majority of the time, they didn’t even ask me to lease and they gave me antiquated takeaways like paper brochures (some of which were even Xeroxed). I often felt hurried and also believed that associates often were more focused on showing me something rather than the one or two that might really fit me (I was shown an average of two apartments per visit, although several showed me four and five apartments). Overall, I spent an average of 26 minutes at each community, and the average tour length was 18 minutes.

 

In upcoming blogs, I will explore how each of the components of the in-person prospect experience can be improved.

 

Before ending this one, I want to emphasize how much I respect the onsite associates in our industry. I know how hard they work and how much they have on their plates. And as I was visiting these communities, I was humbly reminded that I have committed many of these leasing blunders myself over the course of my career.

 

But I hope these blogs can foster a healthy, constructive conversation about how we as an industry can better serve the prospects who visit our wonderful communities.

 

If you’re in a corporate role , ask yourself if your leasing teams are truly providing the ideal experience for prospects. Or, if you yourself are on the leasing floor, what are you delivering to your prospects?  Are you letting your own personal blocks interfere with delivering the best experience?  Have you pushed yourself to break past any comfort zones you might be in?

 

If you’re a regional manager, are you providing your teams with the best tools? And ultimately are you training them to optimize the full tour experience, be it virtual, self-guided, or, in-person? 

 

Such a special opportunity to establish new standards, reflect and reset what you know, and be awesome.  Happy leasing!

 
This comment was minimized by the moderator on the site

Wow, this is an excellent blog! People should absolutely be subscribing to this blog series. (For those that doesn't know how, there is a link to subscribe right above this under her name)

  Brent Williams
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Really relate to and appreciate this survey. Would like to borrow some of your stats (attributed of course) incorporated in a future case study. You would approve preview.

  Katheryn Freeberg
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Hi Katheryn,

Sorry for my delayed reply! I would be honored for you to use some of the stats in a future case study.

  Karen Gladney
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Wonderful! Thanks so much. I will send you a preview before we go live for your input. BEST!

  Katheryn Freeberg
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You may think that the takeaways are outdated, but 8/10 times the supplied folders with pricing info and applications are returned to me when my prospects come back to apply I believe if something is not broken, we don't fix it but i'd be open to suggestions for something different if you have them. You mentioned that all to often you had to wait, what would suggest a team member does if everyone is already with a prospect, as i feel it is rude to stop in the middle of a meeting? I am curious if you scheduled an appointment to tour or did you just walk in? What could they have done in that case to make your experience better?

  Chelsea Spivey
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Hi Chelsea! So sorry for the delayed response! Thank you for reading the blog and thank you for your conversation. I truly appreciate it. Please know I love quality brochures. There is a tactile experience that is created through the paper that is used, the colors, the photos, etc. Everything sends a marketing message, and it's important that whatever is given to prospects represents the property brand, so be careful of using copies that have become faded and off-center (I definitely made this mistake onsite). The exciting part is that there are so many tools out there now to deliver customized digital brochure experiences to complement the physical brochures. Connecting with people through multiple media types is always going to set everyone up for more success on the leasing floor.

As for the waiting prospects, first of all, such a wonderful problem to have. Kudos to properties who are busy! They are definitely doing something right. It's definitely going to happen, just plan for it. In a number of leasing offices I entered, there was no one there, no signage, nothing to engage me. I would walk around and make my shoes clink so that if the team was in the back, they would hear me. For these instances install a chime, be visually alert and always ready to welcome people. When busy with prospects or residents, even just a smile or a wave can go a long way. If possible, say, "Hi! We'll be right with you. Please help yourself to refreshments or make yourself comfortable in the clubroom" – truly just be welcoming. There is also the capability to have prospects go ahead and get checked in through different technology platforms, which can help prospects feel like things are moving along even though they aren't engaged with the leasing consultant just yet.

  Karen Gladney
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Thank you for your response and for clarifying!

  Chelsea
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I still use paper brochures, along with all our digital advertising. Professional, full color brochures are invaluable for writing information down on their personal needs and the amenities you have to satisfy that need. When a prospect has toured multiple properties, it's easier for them to remember you, what you said/showed them and all your contact information.

  Joy Davis
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Hi Joy - So sorry for not responding sooner. I so appreciate you reading my blog. Brochures are a hotter topic than I realized :). I agree that the combination of print and digital is powerful. And yes, contact information should be everywhere, right! Sounds like you are delivering an awesome experience for your prospects. As you know, there are a number of reasons why it's good to incorporate digital – from cost savings, the ability to customize, being environmentally conscientious, and providing a multi-touch experience. The word "antiquated" was centered more around the xerox copies still being used. I just want to encourage everyone to seek out and embrace new technology that's out there and all that is possible around setting our prospects and us up for success. Thank you again for your thoughts and experiences!

  Karen Gladney
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Great insight Karen! Thanks so much for sharing this with all of us!

  Steve Wunch
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This is brilliant.

  MEGHNA KRISHNA

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