News & Trends

Showing Availability and Vacancy Rate in Property Management

February 18, 2024

Ever wonder how your showing availability affects your vacancy rate? Showdigs offers in-person tours seven days a week, so we can give you some insight! With an unrestricted calendar, we have visibility into what times are most popular among leads. Here's a look at requested tour times during the busy summer months:

After hours and weekends make up over 60% of all tour requests.

While some prospective renters may be able to find time to view your property during the week, if you aren't showing your properties after hours and on weekends, you’re missing out on a huge percentage of valuable leads. However, increasing your showing availability is easier said than done, especially during peak leasing season.

Let’s dive into a few ways that property managers can lower their vacancy rate without burning out their in-house staff.

Offer self-showings for vacant properties

One way to increase your availability is to give prospects the option to self-tour the property. While this option isn’t suitable for occupied properties, it eliminates the need for your in-house leasing agent to drive back and forth for tours, freeing up time for other important tasks. If you’re on the fence about offering self-guided tours, take a look at our list of pros and cons to decide if self-showings are right for your business.

Change your schedule

While this may not be the most alluring option, you may be able to decrease your days on market by asking employees to work weekends in exchange for Mondays and Tuesdays off. If you have a sizable in-house staff, your leasing agents may be able to share the workload by configuring a schedule that works for them. 

Outsource your fieldwork

Showdigs is the only property management software with a network of on-demand real estate agents available when you need them. As we mentioned earlier, we offer agent-led showings seven days a week, so you can be sure you’re not missing out on leads due to scheduling conflicts.

Curious to see how Showdigs Agents can reduce your days on market while freeing up your time? Book a time to chat with our leasing experts!

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