Of little surprise to multifamily owners and operators, most leasing activity doesn't occur between the business hours of 8 a.m. and 5 p.m.
These days, a 24/7 leasing strategy—where prospective renters can complete the typical steps of touring, applying, and more at any time from anywhere—is more than just a fad; it's essential.
A simple study of apartment website traffic data tells the story. So, since you're here, let's talk about optimizing your website to enable 24/7 leasing and set your apartment community up for success beyond regular business hours to ensure you don't miss a single lead.
Though we only analyzed 10 apartment community websites, there was enough data to conclude what was already apparent about when prospective residents typically search for apartments:
Knowing that most prospective residents will search for apartments online in the evening (or on weekends),
how are you tailoring your marketing and leasing to reach those individuals?
Knowing that most prospective residents will search for apartments online in the evening (or on weekends),
how are you tailoring your marketing and leasing to reach those individuals?
Let's look at a few tweaks to help you succeed.
Given that most apartment research occurs after business hours and renters today prefer to conduct their leasing journey on their timeline, you must allow them to apply online.
Yeah, we know we're not breaking the wheel here, but unfortunately, we still observe apartment websites that do not offer an option to apply online.
Use your property management software's online application portal and integrate it into your community website. Then, ensure a clear and inviting Call-to-Action is on your website prompting visitors to apply.
This simple tactic is the first step toward turning your website into a 24/7 leasing machine, potentially increasing conversions with little strain on your budget or site staff's workload.
In addition to letting prospects apply online after hours, you could add AI chatbot technology to your website.
They aim to enhance a prospect's experience by offering guidance and answers to questions when a leasing agent isn't available. They can point individuals to specific pages and snippets of information on your website, including price and availability, and assist with scheduling an in-person tour.
Now, chatbots aren't always perfect because they can get in the way of a user's experience, especially if they're accessing your website on a mobile device. The other setback is that they can become less helpful and more intrusive, considering much of the information they share is (or, at least, should be) readily discoverable in one click or less on your website.
If you do choose to apply a chatbot, it would be best to only use one. Cluttering your website with multiple chatbots could negatively impact site speed and usability and, worse, become a turn-off to prospects.
But the most important benefit of adding AI leasing technology to your website is that it can collect and pass off critical contact information for your leasing staff to follow up on the following day during regular business hours.
The benefits are two-fold: