FirmAdapt
FirmAdapt
LIVE DEMO
Real Estate

Renewals up 14 points. Leasing-agent time on the wrong leads, down 60%.

A multifamily owner-operator with 18,400 units across 9 states

Timeline
8 months · pilot in 3 markets, then portfolio-wide
Engagement size
$520,000
Status
Still operating
+14pts
renewal rate (51% → 65%)
-60%
agent time on unqualified leads
+38%
tour-to-lease conversion

The leasing-agent funnel was clogged with tour-no-shows and unqualified inquiries. We deployed a qualification-and-scheduling agent that gave agents back their day for the conversations that actually closed.

01 · The Challenge

What was actually broken.

The operator's leasing agents were spending 60% of their day on phone tag, tour scheduling, and qualifying leads that never showed up. Renewal-management was an afterthought — most renewals were handled by whichever agent happened to pick up the call, with no consistent playbook. Renewal rate hovered at 51% against a portfolio target of 65%, and the leasing-team turnover was 47% annually. The COO had tried two leasing-CRM upgrades in the prior four years.

02 · Our Approach

What we did, and what we deliberately did not do.

Inbound leads went to a qualification agent that ran the standard scoring (income, credit pre-check via the existing provider, move-in timing, pet/parking needs), answered the top 30 prospect questions in the operator's voice, and scheduled tours into agent calendars only after the lead met the published criteria. Renewals got a parallel agent that started outreach 90 days before lease end, with a personalized renewal offer based on rent comps, payment history, and the resident's prior service tickets. Agents got a daily-prioritized queue of conversations that actually mattered.

We had been told for years that leasing was a relationship business and AI would break it. The opposite happened — the agents finally had time to build relationships because the agent was handling the parts that were never about relationship in the first place.
COO, 18,400-unit multifamily operator
03 · Results

What the numbers did, twelve months in.

+14pts
renewal rate (51% → 65%)
-60%
agent time on unqualified leads
+38%
tour-to-lease conversion
-22%
leasing-team turnover
$6.8M
annualized NOI lift
5mo
to portfolio-wide rollout
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