Leasing management software uses time-saving automation and customized, digital tools to create a frictionless process from lead to lease.

When it comes to leasing management software, there are many different solutions available that focus on different aspects of the leasing flow. Property management software may or may not have leasing management features built into the platform, however it’s best if you choose an approach that has everything integrated, so you can run every facet of your business — from leasing to maintenance — in one system. This not only makes it easier to maintain visibility and save time, but provides a better experience for your team and customers.

When all of your leasing workflows are integrated into one digital system, you can generate higher quality leads, fill vacancies faster, and keep revenue predictable.

Leasing management software moves routine processes like showings, tenant screening, reporting, and leases online, which speeds up the process since property managers and renters don’t have to manually fill out paper forms or complete tasks.

Leasing management software improves leasing conversion rates by removing friction from the renter experience, reducing the time it takes for your next great resident to find, tour, apply, and move into your unit.

Between responding to inquiries, showing units, and screening prospective renters, many leasing processes are manual and inefficient. Leasing management software maximizes net operating income (NOI) by digitizing and automating key workflows, reducing the time your unit sits vacant, thus increasing revenue and saving your marketing costs.

On-demand, digital experiences allow prospective renters to easily fill out applications, leases, and view units from anywhere on any mobile device. This removes the friction from the leasing process and provides flexibility, leading to increased customer satisfaction.

In the residential leasing world, May through September are known as leasing season—with July and August typically seeing the most volume.

Leasing teams at property management businesses are responsible for responding to renter inquiries, processing rental applications and leases, showing units, screening tenants, marketing vacancies, and other tasks related to moving residents into available units.