12/25/2023 0 Comments Showing box codebox![]() ![]() Artificial intelligence meets human-powered security The leasing process "was almost magical," according to the property owner. The unit was completely turned over in less than a week, without the property manager ever stepping foot inside the place. Or you could use self-showings to cost-effectively show and rent the vacant unit!Ĭase study: RentSavvy, a property management company in Seattle, was able to book 14 self-showings in one weekend and had three applications by Sunday evening. You could have a team member show the property 10+ times or pay a showing agent to do so. One more use case for self-showings is when you have lower-priced, vacant units that could garner a lot of interest. Lower-priced, vacant units with a lot of interest If all your properties are nearby, self-showings allow you the opportunity to branch out and take on more properties that are farther away. If you manage properties that aren't in town (or even in-state), self-showings are a great option if you don't have a showing agent to show the property. Once the unit is vacant, switch over to self-showings to save time and money. While the unit is occupied, you can use a team member or showing agent to show the property during specific times that the current tenants have agreed to. Current tenants will not appreciate potential tenants letting themselves in to self-tour their current residence. When the unit you need to rent is occupied, self-showings are not a great idea. When the available unit is still occupied Lower-priced, vacant units with a lot of interest.When the available unit is still occupied.So when would you use self-showings for your rental properties? Self-showings aren't best for every property or every situation, so here are some use cases for self-showings: What are some use cases for self-showing rental properties? ![]() Most scheduling software will also log the time of the tour so you can have an accurate history of who has accessed the property - including team members and vendors. Some scheduling software (like Showdigs) will even follow up with the prospect automatically after the tour to ask for feedback and if they have any questions. This one-time code allows only that prospect to open the lockbox and self-tour the property. Once the self-showing is booked and the prospective renter has confirmed, they will receive a one-time lockbox code to use once they arrive at the property. If they’re touring the property through Showdigs, our AI security technology runs a facial recognition scan to ensure they match the ID provided. When a prospective renter wants to self-tour a unit, they must upload a photo ID. This includes using scheduling software with prospect identification and smart lockboxes with one-time access codes. Thanks to new technology, there are many ways to make self-showings as safe as possible. When there's a lot of interest in a particular property, there could be dozens of property tours for you, your team, or a showing agent to manage. This high-touch service is great when you can make it happen! But it's not the most time-effective way to lease a property. After several back and forth emails or phone calls to schedule a tour, the property manager or a showing agent will meet the prospect at the scheduled time to open the doors and show them around the vacant unit. What are self-showings?īefore we get into self-showings, what's the typical way for a prospective renter to see a property? Usually, the prospect will come across a listing they're interested in and then reach out to the property manager to ask about touring the unit. Let's dive into what self-showings mean for you, your business, and your prospective renters. If you're not familiar with how this works (or if you're wondering if self-showings are safe), keep reading! One of the biggest property management advancements is self-showings, which allow a prospective renter to see a property on a self-service basis. Since the COVID-19 pandemic, an influx of new real estate technologies have made certain processes easier and more efficient for everyone from prospective renters to tech-savvy property managers and landlords. ![]()
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