We also supply a service Called Lease up
For these type of situations
A, B and C Properties
New Construction and Lease-Ups
Tax Credit Properties
Rehab Construction Lease-Ups
Soft Market Properties of Any Type
The sole mission of assisting property owners and property management firms to quickly lower vacancy rates on their most challenging properties. Since that time, we have grown to include new lease-ups, student properties, tax credit properties and more
What is Accelerated Leasing?
We get this question more than any other. Many multifamily owners aren’t aware that Accelerated Leasing is an option because they’ve been led by their property management firm to believe that they can do it all. While there are many excellent property management firms, they will always be pulled between working to keep existing residents happy and leasing to new prospective residents. And 99% of the time, the efforts for existing residents will win out.
That’s where Sales, Inc. comes in. By sending one or more of our highly trained Accelerated Leasing Consultants onto a property, the management team can fully focus their efforts on resident satisfaction while we focus our efforts on closing the deal with potential residents. Using our proven sales training and techniques, our Accelerated Leasing Experts typically close at two to three times the rate of a traditional leasing consultant.
Numbers don’t lie. Here are some results from a few of our recent apartment accelerated leasing engagements.
* Leased 57 apartments in 17 days in Charlotte, NC!
* Leased 102 apartments in 60 days in Houston, TX!
* Leased 227 apartments In 114 days in Richmond, VA!
* Leased 80 apartments in 14 days in Las Vegas, NV!
* Leased 158 apartments in 75 days in Atlanta, GA!
* Leased 92 beds in 36 days in Tucson, AZ!
If the average rent on the above apartments was $1000/month, Sales, Inc. helped generate $730,000 in new income per month for those 6 owners alone. Multiply those by 12-month leases and that’s more than $8.5 million in added revenue.
Think about all of your vacant apartments. You are losing out on your share of that income every month you wait for your property management firm to catch up and make leasing a priority – which might never happen.
But at 5Star-SRCT leasing is our only priority – making our goals perfectly aligned with yours – and the reason you should call us today.
Challenges of Leasing in the Class A Property Market
Class A residents can oftentimes demand more of your staff’s time and attention because of their higher expectations for service. Many times even on a new lease-up, this can divide your staff’s attention to the point that marketing and leasing don’t receive the necessary amount of attention needed to meet your leasing goals on time.
A new property has the added challenge of a newly-hired staff focused on learning a new system, new procedures and getting to know residents as they move in. With Sales, Inc. in place to handle the leasing efforts, your staff can fully focus on getting the property up and running smoothly, ensuring satisfied tenants who are more likely to renew when they know the staff is focused on attending to their needs.
While Class A properties comprise the smallest section of communities, more often than not your competition offers the same amenities and luxuries you do, making it imperative that you have the best sales professionals working for you, which is what you get with Sales, Inc.
Sales, Inc. Solutions to Successful Class A Leasing
We start by picking the best leasing consultant on our staff for your property. Because of our ability to recruit nationally, we can send a Leasing Expert to your property from anywhere in the country. Once we arrive, our Leasing Consultant and Director of Leasing will quickly get to know your market and competitors so that leasing is ready to begin only 3 days after arrival.
If your Class A property is priced at a premium, you need to ensure you have a professional staff who will fully engage with every qualified prospect, which is one of the fundamental techniques we provide our LEs in training. You can’t always just get them in the door and expect the property to sell itself. With Sales, Inc. you can rest assured that you have someone incentivized to close on as much qualified traffic as possible, ensuring the quickest lease-up of your top-dollar property.