Writing ยท Leasing & Conversion

2025-04-25
๐–๐€๐‘๐๐ˆ๐๐†: ๐˜๐จ๐ฎ๐ซ ๐‹๐ž๐š๐ฌ๐ข๐ง๐  ๐€๐ ๐ž๐ง๐ญ๐ฌ ๐€๐ซ๐ž ๐’๐ž๐œ๐ซ๐ž๐ญ๐ฅ๐ฒ ๐Š๐ข๐ฅ๐ฅ๐ข๐ง๐  ๐˜๐จ๐ฎ๐ซ ๐๐Ž๐ˆ (๐€๐ง๐ ๐“๐ก๐ž ๐’๐ข๐ฆ๐ฉ๐ฅ๐ž ๐Ÿ๐Ÿ“-๐Œ๐ข๐ง๐ฎ๐ญ๐ž ๐…๐ข๐ฑ) I was looking at leasing stats across our portfolio. Occupancy was slipping. Traffic was steady. Conversions were weak. I asked my team what was going on. I had seven regional managers in the meeting. Each had an answer: โ€œItโ€™s the economy.โ€ โ€œItโ€™s right before people go back to school.โ€ โ€œTrafficโ€™s soft.โ€ โ€œPeople are just shopping right now.โ€ Translation: We donโ€™t know. I pulled out a speakerphone. Then I started calling my own properties, pretending to be a prospect. This was before caller ID was everywhere, so they didnโ€™t know it was me. ๐–๐ก๐š๐ญ ๐ˆ ๐‡๐ž๐š๐ซ๐ ๐–๐š๐ฌ ๐„๐ฆ๐›๐š๐ซ๐ซ๐š๐ฌ๐ฌ๐ข๐ง๐  One call went like this: Them: โ€œThank you for calling Highland X, How can I help you?โ€ Me: โ€œYeah, how much are your two bedrooms?โ€ Them: โ€œ$800.โ€ (I know inflation is nuts - now those lease for $1,400!) Me: โ€œOkay, thanks.โ€ Them: โ€œThanks.โ€ CLICK. That was it. No name. No questions. No offer to tour. No follow-up. No chance. We were spending thousands of dollars on marketing, and thatโ€™s how the money got flushedโ€”because no one ever trained the person on the phone to do their actual job. ๐“๐ก๐ž๐ซ๐ž ๐–๐š๐ฌ ๐š ๐ƒ๐ข๐ซ๐ž๐œ๐ญ ๐‚๐จ๐ซ๐ซ๐ž๐ฅ๐š๐ญ๐ข๐จ๐ง ๐๐ž๐ญ๐ฐ๐ž๐ž๐ง ๐๐š๐ ๐๐ก๐จ๐ง๐ž ๐’๐ก๐จ๐ฉ๐ฌ ๐š๐ง๐ ๐‹๐จ๐ฐ ๐Ž๐œ๐œ๐ฎ๐ฉ๐š๐ง๐œ๐ฒ. And the worst calls? Came from our newest hires. This told me two things: We werenโ€™t doing enough training/role-playing. We werenโ€™t onboarding new agents the right way. ๐‘๐จ๐ฅ๐ž-๐๐ฅ๐š๐ฒ ๐ˆ๐ฌ๐งโ€™๐ญ ๐Ž๐ฉ๐ญ๐ข๐จ๐ง๐š๐ฅ. ๐ˆ๐ญโ€™๐ฌ ๐‘๐ž๐ช๐ฎ๐ข๐ซ๐ž๐. Role-playing isnโ€™t a โ€œnice to have.โ€ Itโ€™s not something you do once and forget. Itโ€™s the shadow boxing of leasing. If your agents arenโ€™t throwing jabs in practice, theyโ€™re gonna get knocked out when a live customer walks through the door. You can have a fancy corporate office, a slick CRM, a 100-page SOP binderโ€ฆ But none of it matters if your agents canโ€™t convert a lead. ๐“๐ก๐ข๐ง๐ค ๐˜๐จ๐ฎ๐ซ ๐“๐ž๐š๐ฆ ๐ˆ๐ฌ ๐๐ž๐ญ๐ญ๐ž๐ซ? Really? Whenโ€™s the last time you listened to your teamโ€™s leasing calls? Whenโ€™s the last time you went on a tour with your leasing agents? Whenโ€™s the last time you watched a follow-up text get sent in real time? If the answer is: โ€œItโ€™s been a while.โ€ ๐“๐ก๐ž๐ง ๐ฒ๐จ๐ฎ ๐๐จ๐งโ€™๐ญ ๐ค๐ง๐จ๐ฐ ๐ฐ๐ก๐š๐ญโ€™๐ฌ ๐ซ๐ž๐š๐ฅ๐ฅ๐ฒ ๐ก๐š๐ฉ๐ฉ๐ž๐ง๐ข๐ง๐ . And what you donโ€™t inspect, your customers experience. ๐„๐ฏ๐ž๐ซ๐ฒ ๐‹๐ž๐š๐ฌ๐ข๐ง๐  ๐€๐ ๐ž๐ง๐ญ ๐๐ž๐ž๐๐ฌ ๐“๐ก๐ข๐ฌ ๐’๐ข๐ฆ๐ฉ๐ฅ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ Weekly Role-Play Sessions. 15 minutes. One scenario. Rotate roles. The โ€œ4Cโ€ Test: Clarity. Control. Connection. Close. Track Their Score. No more guesswork. Record and Review. Best calls become training gold. Fix Onboarding. Every new hire has to pass 5 role-plays before they talk to real leads. You canโ€™t scale leasing if you donโ€™t scale skills. Itโ€™s how you win the next lease. Because no lease = no revenue = no company.
Leasing & ConversionOperations / Property ManagementMarketing / Copy / BrandHiring / People / LeadershipSales / NegotiationReal Estate (general)

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