Since the new year has begun, take some time to look back and reflect on your biggest moments and goals accomplished in 2018. At LeaseHawk, we are thrilled at the success we’ve been able to share with you last year. So, we have rolled up a snapshot of 2018 industry data to reflect back on that success and how we can help you to improve in 2019.
It’s apparent that demand for multifamily housing is continuing its momentum; however, leasing offices are missing more calls than ever.
In 2019, consider adding a conversational voice assistant that can help property managers take control of the demanding volume of calls received on a daily basis. Unlike traditional call centers, conversational assistants are more cost-effective and consistent and can handle important interactions with prospects, like collecting guest cards or setting appointments.
Here’s how ACE (Answer Calls Every time), LeaseHawk’s conversational voice assistant, performed in 2018:
At LeaseHawk, we listen to the voice of your customer—literally! This year we analyzed more than half a million calls with prospects. These calls were scored using a survey of best practices created by industry professionals, so multifamily property owners can easily identify the areas that need improvement and overall employee call performance.
Of these calls, leasing professionals converted on average 39% of qualified calls to an appointment and earned an average of 55% as the overall call performance score. Top leasing professionals typically convert 50-60% of qualified telephone traffic.
In 2019, consider the following tactics for increasing your employee communication performance:
Measuring leads and performance from phone calls is one of the most under-recognized opportunities according to a study by BIA/Kelsey. They project 169 billion mobile calls annually to businesses by 2020, driven primarily by the natural hand-off between mobile engagement and phone calls, such as click-to-call buttons. (Source: BIA/Kelsey, Call Commerce: A $1 Trillion Economic Engine).
By measuring call analytics, the apartment industry can unlock value through contextual awareness of call quality, such as knowing a caller’s intent or an employee’s level of helpfulness—all of which contribute to an improved ROI.
Looking ahead, we plan to deliver a range of advancements and refinements in the coming year including lead scoring phone calls powered by artificial intelligence, visual voicemail, increasing the LeaseHawk CRM’s abilities and providing more advanced demand analytics. And with your feedback and continued partnership, there will be so much more on the horizon.
Here’s to a bigger and better 2019.
Fill out this form to learn more.
LeaseHawk has expanded its AI platform to include Agent Performance. It measures leasing agent call performance on all first-time prospect calls. This enables management companies to quickly identify gaps in leasing agent performance and reduce their dependency on costly phone shops.
At LeaseHawk, we listen to the voice of your customer—literally! See a snapshot of how the industry performed in 2018 with overall statistics on Telephone Performance Analysis (TPA) and much more. Plus, get a look ahead on what to expect from LeaseHawk in 2019 with tips to help your properties.
In an increasingly competitive field, with disruptors like Airbnb in the periphery, it’s important to know the trends to watch in multifamily housing. Here’s a look at the top nine expected to make a major impact soon.
While renter expectations are getting higher, statistics show the multifamily industry is not keeping up with demand. Learn how you can beat the statistics, so you can track, measure, improve—and ultimately win—the entire leasing experience.
Highlights from the 2019 Multifamily Leadership Summit. Including insights from the Innovation Showcase on how management companies can leverage voice technology to connect with today’s tech-savvy renter, and recognition of this year’s "Best Places to Work Multifamily" awards!
At LeaseHawk, you don’t just gain a robust and user-friendly software platform, you gain a whole team of advocates that understand your unique business goals. Learn about the Hawks that make it all happen for our amazing clients.
Get the latest multifamily news, how-to's, infographics and more delivered right to your inbox.