The real estate industry is evolving, and self-guided tours (SGTs) are at the forefront of this transformation. With increasing demand for flexibility and convenience, property managers and landlords are turning to automated self-guided tour systems to streamline the leasing process. Here’s how SGTs can benefit both property owners and prospective tenants.
How do Self-Guided Tours Work?
- Renter finds the property online, then selects preferred date/time for tour.
- Renter goes through a multi-layer security process, including ID verification.
- Renter receives a unique code once they arrive at the property (geolocation verified). Code is valid only during the booked tour time.
- Post tour, renter provides feedback through an online survey and submits rental application.
Key Benefits of Self-Guided Tours
Quicker Turnaround
Time is money in real estate, and self-guided tours significantly speed up the leasing process. With 70% of renters touring a property within just two hours of booking, applications are submitted faster, and properties spend fewer days vacant. This efficiency leads to quicker tenant placement and maximized rental income.
More Property Showings, More Applicants
One of the greatest advantages of SGTs is flexibility. Renters can schedule tours that align with their personal schedules, including evenings and weekends. In fact, 40% of tours take place outside standard leasing hours. The ease of scheduling leads to a 60% increase in in-person showings, providing property managers with a larger applicant pool and a higher likelihood of securing well-qualified tenants.
Increased Communication
With real-time tour reporting, property managers stay informed about when their properties are being shown. This enhanced visibility ensures landlords and leasing teams can track interest levels and manage leads more effectively.
Better Feedback
Understanding tenant preferences is key to improving the leasing process. Self-guided tours allow property managers to collect valuable feedback through post-tour surveys. This data helps refine marketing strategies, adjust property offerings, and ultimately secure leases more efficiently.
Property Security is the Top Priority
Security is a top concern when allowing unsupervised property access. Self-guided tour systems implement a multi-layer security process, including:
- ID Verification: Renters must complete identity verification before gaining access.
- Geolocation Services: Ensures the prospective tenant is at the correct location before entry.
- Single-Use Access Codes: Renters receive a temporary access code that expires after their scheduled tour, ensuring no unauthorized entry.
Are you ready to enhance your leasing process with self-guided tours? Enjoy faster turnaround times, increased showings, and improved security with this innovative system.
Trust the Real Estate Professionals
As you can see, hiring professional property management is the way to go for property owners. The team at AllView Real Estate are experts in LA, San Diego, and Orange County property management and can navigate local rental needs in ways that most landlords can’t or simply don’t have the time to.
From apartments and luxury homes to investment properties of all kinds, the professionals at AllView are here to help you optimize your rental. Connect with us online or call us at (949) 400-4275.
