Funnel allows Cortland to finally “Operate how they want” and centralize to best serve renters
Platform gives training teams individualized insight into where they can help grow—and retain—top leasing talent
“Funnel allowed us to operate how we want to operate. Prior to Funnel, it wasn’t possible to fully centralize our prospect management and lead nurturing activities across our entire portfolio because there wasn’t technology that served the multifamily industry in a way that would allow us to operate our business differently.”
Mike Gomes
Fmr. Chief Experience Officer
get to know Cortland
Total Units
77,407
Ownership Structure
Owner-operator
Funnel Products
CRM, AI, Online Leasing, Fraud Prevention, + ResApp
PMS
RealPage
12%
of residents leased at a Cortland community other than the one they initially inquired with
The Challenge
Legacy tech solutions didn’t allow the Cortland team to treat renters the way they wanted. The experience, for both renters and the onsite staff, was disconnected and frustrating because vital information didn’t flow between multiple tech solutions and data was siloed at the property-level..
The Solution
Rather than bending their operating model around legacy solutions’ technology constraints, Cortland added Funnel. They now have the freedom to build a centralized, renter-centric® operating model with the mission of better serving and communicating with prospective residents, particularly those who may be looking for more than one Cortland community.
The Result
With Funnel, Cortland now has the freedom to operate their business, and serve their renters how they wanted (not how their tech constrained them to operate). With a centralized approach, 12% of renters became residents in a different Cortland community than where they initially inquired. Meaning Cortland teams cross-sold nearby communities that matched renter preferences rather than letting in-market leads leave the portfolio.
“We’ve been happy with our experience of Funnel. Our teams work extremely well together, and we feel like our voices are heard. Most importantly, we share the vision to look at the industry from a customer perspective and put the customer at the center of everything we do. That shared vision has been something that’s really allowed us to take the next step at Cortland.”
Scott Moore
Chief Technology Officer
KEY INSIGHTS
Making in-house feel like home
Cortland wants to make prospective renters feel known and cared for from the first interaction. Prior to onboarding Funnel, Cortland worked with a third-party contact center to manage the first point of contact with a prospective renter. This created a disconnect between the initial lead follow-up and the Cortland team.
Now, with Funnel’s full platform, they brought the first point of contact in-house. This allows them to provide a welcoming, on-brand experience that helps to differentiate their communities from competitors. “There is seamless communication transition from one team to another,” said Bri Bocker, Director of Marketing Technology at Cortland.
69%
of tours scheduled by AI are booked after hours
Platform empowers centralized specialized teams
Centralization means different things to each property management company because it’s not a one-size-fits-all-portfolios operating model. The foundational bones of Funnel’s renter-centric® technology, paired with their consultative approach aligned with Cortland’s needs.
Pre-Funnel, Cortland felt constrained and locked into working the way their software platforms dictated that they run their businesses, which was property-by-property.
“Working with Funnel allowed us to create business model flexibility,” said Scott Moore, CTO at Cortland. “It’s that flexibility that’s allowed us to identify places where it makes sense to centralize some functions off-site or to leave them on-site and improve the experience.”
Instead of an all-or-nothing approach, Cortland thoughtfully identified areas where in order to create a better resident and renter experience, it made sense to bring workflows or specialized tasks to a centralized in-house team.
Using data to predict staffing
In addition to freeing onsite teams to focus their attention on renters, Cortland leveraged the data insights provided by the Funnel platform to create smart staffing models for their centralized teams By assessing the volume of communication — text messages, phone calls, and emails — that the centralized leasing hub handled they predicted the staffing levels needed. So, instead of leasing professionals either feeling bored or overwhelmed resulting in overall team disengagement, Cortland can optimally staff in order to operate more efficiently, and provide a positive experience for team members and renters.
“It’s hard to have unhappy people create happy customers, so we want to make sure we have happy, engaged associates who can in turn create a really wonderful living environment for our residents. If we do that we have the fundamental faith that business results will follow.”
Mike Gomes
Fmr. Chief Experience Officer
Happy staff build happy renter experiences
Onsite team turnover is often a symptom of a bigger problem: team members are often asked to do more with less, leaving them feeling burnt out and stretched thin, but not at Cortland. By adopting a centralized model, Cortland strategically took some of these to-do’s off of their onsite teams’ plate, resulting in happier employees and happier renters.
“We believe if we can create a fantastic associate experience where they enjoy coming to work every day, they feel inspired, they feel empowered, they believe in the mission, they model the core values of our company, then that in turn can enable and hopefully be realized as a great resident experience,” said Mike Gomes, Fmr. Chief Experience Officer, Cortland. “It’s hard to have unhappy people create happy customers, so we want to make sure we have happy, engaged associates who can in turn create a really wonderful living environment for our residents. If we do that we have the fundamental faith that business results will follow.”
AI supports centralization
Centralization and AI create different efficiencies that are both vital. AI shortens lead follow-up times because it's built for speed. Leveraging AI is a component of the new operating model because it is part of restructuring the intersection of people, processes, and tech to create efficiencies.
We’re here to help
Learn how your company can leverage a customized approach to centralization through Funnel’s platform.