Funnel allows LCOR’s leasing teams to improve performance and boost job satisfaction

Platform gives training teams individualized insight into where they can help grow—and retain—top leasing talent

“Our tour volume across the board is massively higher since launching Funnel. No doubt about it.”

Mike Hogentogler

COO

LCOR

get to know lcor

Total Units

5,946

Ownership Structure

Owner-operator

Funnel Products

CRM and AI

PMS

Yardi

62%

increase in tours YOY, with an overall lead-to-tour rate of 19.6%

The Challenge

LCOR’s former CRM didn’t give their training team the granular insights they required on an individual level, to grow leasing team members’ skillsets or to know whether actual lead follow-up took place.

The Solution

Funnel’s renter-centric architecture gives the LCOR training team transparency into the leasing team’s performance allows them to help grow their team’s leasing skillsets, and thereby increase job satisfaction throughout an unstable labor market.

The Result

Funnel’s CRM, AI, and automation tools gave LCOR’s leasing teams a hand, resulting in a 62% increase in tours year over year (YOY).

KEY INSIGHTS

Renter-centric® architecture allows training teams to help individual team members who might need a hand

Before Funnel, the LCOR team used a property-centric product. Because that solution was built with the property as the source of truth it created duplicate guest cards for a single renter if they inquired at different communities or had previously rented at a different LCOR community. In addition to creating a poor experience for renters, it created challenges for the training team too.

“In the past, we were able to track how a team was doing in general, when it came to their leads, their interactions, and calling back residents. Now, we can really dive into the individual, which is super helpful, especially with new hires, or people that are in remediation,” said Rachel Shaw, fmr. Training + Development Manager, LCOR. “It gives us a better opportunity to provide them with help.”

Attracting, growing and retaining top talent is a huge challenge for multifamily operators. Funnel allows training teams to give leasing agents a hand at an individual level to increase performance, which in turn increases overall job satisfaction and retention. “Rather than giving a blanket training and hoping it will help cover the areas they might need help in, we can now effectively drill down into specific topics with individuals,” said Shaw.

“It gives us a better opportunity to provide them with help.”

Rachel Shaw

Fmr. Training + Development Manager

LCOR

No fake follow-up

“In the previous database we used, people could mark off that they did the follow-up and they placed the phone call. But there’s really no way of knowing if that phone call was ever placed,” said Shaw. “With Funnel we can go in and we can actually see that the phone call took place and listen to the phone call itself.”

All communication voice, text, chat, and email are logged in the Funnel platform. This gives leasing team members the transparency they need to pick up seamlessly where another teammate left off. And, this allows the training team to identify areas for growth, and then work with the teams to improve the level of service they’re able to provide.

Single source of truth

“I can often go into Funnel and find answers,” said Heather Justice, Director of Training, LCOR. “By looking at the email communications, text message communication I can get the answer myself without having to bother the site team, and take them away from whatever they are doing.”

Funnel’s architecture, reporting capabilities, as well as the actual communication stored in the platform, allow multiple stakeholders across an organization to garner insights from the renter journey. Rather than relying on third-hand information, team members can use Funnel as a single source of truth.

We’re here to help

Bigger better jobs, and better renter experiences go hand in hand. Learn how Funnel gives your team superpowers.