budget season playbook - realync.com€¦ · communication to residents while coming up with a plan...
TRANSCRIPT
Budget Season
PlaybookIncreasing leasing
efficiency with video
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W H Y R E A L Y N C ?
Virtual LeasingThe sudden change in our world that took place
in March 2020 was something that none of us
saw coming and it significantly impacted how we
live, do business, and connect with others. Within
weeks, we had to move to remote locations, adapt
our processes and procedures, and put a heavier
reliance on technology to instill as much normalcy
as possible. Multifamily professionals were left
trying to navigate how to provide safety and ample
communication to residents while coming up with
a plan for leasing and managing their communities
remotely.
Moving virtual forced industries like ours to
embrace change overnight and was a catalyst shift
to virtual leasing. With markets reopening and
insight into shifts in consumer desires, it’s clear that
virtual leasing is here to stay.
While virtual leasing is a broad definition, it has
been made abundantly clear in 2020 just how
critical video, both live and pre-recorded, is for your
teams to continue connecting with prospective
residents, providing tours of your communities,
answering prospects questions, and more. By now,
we’re sure that video isn’t new for your teams,
but having a built-for-multifamily video leasing
solution that empowers all virtual leasing efforts in
a Fair Housing compliant way might be.
So why should you keep reading through this booklet?
You should keep reading because 1 in 3 prospective
residents now prefer virtual tours over in-person
tours. You should keep reading because you are in
the midst of preparing for one of the most critical
5%Other
11%Virtually in general
32%Virtually because of virus
52%In-person despite virus
TOUR PREFERENCES DURING COVID-19
*Research from
Zum
per
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periods of the year: budget season. You should
keep reading because it’s time to start thinking
about all of the systems, tools, and technology your
teams need in 2021 to lease efficiently and at a high
velocity in this new norm.
You should also keep reading if you want to learn
more about Realync’s video leasing solution and
how it could empower your teams to host live,
interactive video tours and open houses as well as
do-it-yourself pre-recorded videos. With Realync,
your teams can truly engage with each prospective
resident to show them exactly what they need to
see, when they need to see it. By engaging “face-
to-face” with prospective residents, that human-
to-human interaction allows them to seamlessly
experience all the property has to offer in a real,
transparent way without having to physically be
there in person. Let’s talk about efficiency and
doing more with less!
Leverage interactive video technology to bring
prospective residents to your community virtually,
ensuring trust in the touring process. Interactive
video technology can help overcome challenges
that have surfaced as a result of the pandemic and
make sure your teams are equipped for success in
2021 and beyond.
A tech-enabled leasing and management team is something that we can all agree is the new normal. So let’s chat 2021 and see what we can do together!
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Not only do nearly 50% of renters now prefer to
tour apartments virtually, but looking for more
virtual tours is the number one shift for consumers
during their apartment search process.
Do your teams have the tours or means to show
specific floor plans and units? If not, they might
be leaving some prospective residents looking for
more.
Still not sure about the need for and power of
virtual leasing? Need more proof? Take a look at
how Realync has helped other companies and
properties just like yours!
HOW HAS COVID-19 CHANGED YOUR SEARCH CRITERIA?
34% Looked for more virtual tours
26% Reduced budget
19% Expanded search radius
9% Narrowed search radius
5% Increased budget
23% Not applicable
*Research from Zumper
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C A S E S T U D Y 3
Inability to Tour With Prospects
We wanted to provide
a professional tour
experience without
needing the prospective
resident to physically be
at the property. Our plan
was to use Realync to
create video updates for
our residents, but also
for prospects as a way
to provide them a tour if
they could not tour on-
site.
120+ prospects engaged via video tours with over 1,000 tour views in 12 months!
C A S E S T U D Y 1
Aggressive Pre-Leasing Goals
Our primary goal was to
improve sight-unseen
leasing during the pre-
lease phase. Due to
construction, we were
unable to have hard hat
tours.
40% of pre-leases were to out-of-state prospective residents.
C A S E S T U D Y 2
Pre-leasing Momentum
We needed something to
help prospective residents
feel comfortable leasing
without physically being
in the apartment.
Secured 48 leases before opening!
C A S E S T U D I E S
5 C A S E S T U D Y 5
Leasing in a Pandemic
We needed to find a
solution to continue
leasing apartments during
the pandemic.
Created nearly 150 videos which received over 4,200 views.
C A S E S T U D Y 4
Leasing in a Transitional Area
Our core focus is on
ensuring that our
customers are getting a
5-star experience.
Shared 11 videos to 153 prospects, using 250 unique links, and achieved 564 views.
C A S E S T U D Y 6
Leasing Occupied Units
We were looking for an
application to be able to
show apartments that
can’t be shown in person
because they are occupied
or not ready.
Sight unseen leases are significantly rising. We built a library of recorded videos of nearly every unit to send to prospects from outside the Denver area.
C A S E S T U D I E S
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T E S T I M O N I A L S
G E T I N S P I R E D
Scan to see what teams across the country are shooting for inspiration!
Video and virtual communication are here to
stay. Realync can help us communicate at every
point in the customer lifecycle and provides
incredible opportunities for personalization.”
Open camera on smartphone
Hover over QR code for 3 seconds
Click on drop-down notification
We will be prepared for the uncertain fall.
Realync’s platform allows us to capture video
virtual tours of all units and amenity spaces.
We could lease apartments remotely, should
offices close down in the future. We want to
ensure we can weather the storm.”
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A B O U T R E A L Y N C
/real-link/
Multifamily’s only video leasing and engagement solution
Live VideoTours
Pre-RecordedVideos
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Fe a t u r e s
R e a l y n c I n t e g ra t i o n s
EnterpriseData Dashboard
Industry-leading Unique Link Tracking
Discovery
Consideration
Touring
Conversion
Mar
keti
ngLe
asin
g
3D and 360 virtual tours, and
agency-created videos have been
around for a long time and are
great for top-of-funnel marketing.
But top-of-funnel is where other
company’s value ends.
Realync picks up where those
other technologies drop off and
is multifamily’s only video leasing
solution that connects leasing
teams with prospective residents
in real-time for actual lead
conversion.
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R E N T E R J O U R N E Y
U S E C A S E S
Whether using video for marketing, leasing,
resident engagement, or maintenance, have
confidence that video can be one of the most
effective communication tools at your disposal.
And because consumers today want and value
realness and transparency, it’s easier than ever to
deliver that content by creating these videos on
Realync with just a smartphone or tablet.
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Ma
rke
tin
gL
ea
sin
gR
esi
de
nts
ConstructionUpdates
MaintenanceHow-To Videos
Floor PlanTours
Move InVideos
Virtual HardHat Tours
PersonalizedFollow Ups
ResidentTestimonials
CommunityOverviews
AmenityOverviews
NeighborhoodTours
Live VideoTours
Unit IntroVideos
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H O W I T W O R K S
1 BUDGET FOR REALYNC
Continue reading for 2021 pricing and next steps
2 PLACE ORDER
Email your Realync representative or reach out
3 ACCOUNT SETUP
Realync will configure each property account to
the property’s brand guidelines
4 TRAIN ON-SITE STAFF
Realync will provide full training for all on-site
teams
5 GET TOURING
Once trained, your teams are off and running with
industry-leading virtual leasing
6 TRACK ENGAGEMENT
Track all content and usage across all of your
properties to quickly see how teams and their
content are performing
7 MONTHLY REPORTING
Monitor engagement with monthly reports
delivered directly to your inbox
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H O W T O S E L L R E A L Y N C T O Y O U R S T A K E H O L D E R S
Why Virtual Leasing?Pandemic Proof
Increase sight-unseen leases
Increase lead-to-lease
conversion rates
Maintain human-to-human
interaction throughout the
leasing process
Progress prospective residents
through the funnel faster
Keep your teams safe and leasing
volumes high
Why Realync?Built for multifamily
Enterprise solution
Full training & support
Integrated solution
Fair Housing Compliant
Proven results
Why Now?Our industry has shifted from in
person to virtual leasing
Consumers now prefer
previewing and viewing
communities virtually
With uncertainty around COVID
and 2021, Realync helps your
teams be prepared
Save your leasing team’s time by
streamlining their leasing efforts
with technology
It’s time for leasing to be
proactive vs. reactive with
virtual leasing
Engage residents with video
for maintenance, events,
communications, and more“It’s not up to us to decide what someone can or can’t do, or what they do or don’t want. It’s up to us to offer the opportunity.”
— William L. Harris, Service Coordinator, Gene B Glick Company
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A B O U T R E A L Y N C
Realync is the multifamily industry’s only cloud-based,
Fair Housing Compliant video leasing and engagement
solution. The Realync video leasing & engagement
solution enables live, interactive video tours and
open houses as well as DIY pre-recorded videos, all
using nothing more than a smartphone or tablet.
Partnered with industry leaders like Greystar, Bozzuto,
Equity, Lincoln, Bell Partners, Fairfield, and more,
Realync’s web and mobile platform helps onsite teams
streamline leasing, marketing, resident engagement,
maintenance, and more, and has proven increased
conversion rates, decreased sales cycles, and increased
sight-unseen leasing for teams all across the US.
Le a r n M o r e
R E A LY N C . C O M
S A L E S @ R E A LY N C . C O M
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