Episode Details

DGS 64: Self-Showing Rentals with Rently

Published 7 years, 7 months ago

Description

Are you a renter struggling to find a place? Feeling frustrated? Or are you a property manager/owner who would like to be able to manage, monitor, and show your properties without having to manage, monitor, and show your properties? No problem, you just need self-showing technology.

Today, I am talking with Pini Lackner and Edward Gonzales of Rently, which allows prospects to visit rentals themselves when it's a convenient time for them by using self-showing technology. Rently's technology helps optimize and systemize the showing process to lower operational costs.

You'll Learn...

[05:18] Statistics show that 70-80% of people looking online for places to rent tend to be window shoppers; can be frustrating and time consuming for managers to reach them.
[06:08] Property management involves building/keeping relationships with prospects.
[06:48] After self-showings, Rently performs an application follow up to get feedback on a property without having to rely on an agent.
[07:23] Some are concerned that there's too much risk involved; fear factor fades because of Rently's reputation and self-policing system based on info from prospects.
[10:22] Those interested in Rently's technology have a growth mentality; there's no better way to grow your business geographically.
[11:17] Benefits include lower operational/staffing costs and shorter lease cycle.
[12:05] Considering Rently as best way to optimize business operations while lowering expenses and not losing touch with properties.
[12:42] Self-showings are its backbone, but Rently is a fully encompassing platform - not just a bunch of lockboxes.
[13:50] Rently Keyless addresses the increased prevalent use of smart homes.
[18:02] Regaining control restricting access is instant via Rently after a tenant leaves.
[18:55] Rently provides homeowner reporting, metrics, and analytics to know what's going on with properties.
[21:07] Initial reluctance to self-showings has eased, so managers who don't use it now will lose their competitive edge.