{"id":6987,"date":"2022-03-07T10:00:46","date_gmt":"2022-03-07T18:00:46","guid":{"rendered":"https:\/\/www.rentecdirect.com\/blog\/?p=6987"},"modified":"2022-06-09T14:48:18","modified_gmt":"2022-06-09T21:48:18","slug":"lead-tracking-property-management","status":"publish","type":"post","link":"https:\/\/www.rentecdirect.com\/blog\/lead-tracking-property-management\/","title":{"rendered":"The Easiest Tenant Lead Tracking Solution (That Actually Works!)"},"content":{"rendered":"<p><a href=\"https:\/\/www.rentecdirect.com\/blog\/lead-tracking-property-management\/the-easiest-tenant-lead-tracking-solution-that-actually-works\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-15519 size-full\" src=\"https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2017\/03\/The-Easiest-Tenant-Lead-Tracking-Solution-That-Actually-Works.jpg\" alt=\"Tenant Lead Tracking\" width=\"950\" height=\"558\" srcset=\"https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2017\/03\/The-Easiest-Tenant-Lead-Tracking-Solution-That-Actually-Works.jpg 950w, https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2017\/03\/The-Easiest-Tenant-Lead-Tracking-Solution-That-Actually-Works-300x176.jpg 300w, https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2017\/03\/The-Easiest-Tenant-Lead-Tracking-Solution-That-Actually-Works-600x352.jpg 600w, https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2017\/03\/The-Easiest-Tenant-Lead-Tracking-Solution-That-Actually-Works-768x451.jpg 768w\" sizes=\"(max-width: 950px) 100vw, 950px\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Update your Tenant Lead Management System and never lose a lead again. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Too many rental applications coming in for your property? Sounds like a pretty good first-world problem for any landlord or property manager. While it would be easy to dismiss any rental applicants with a simple \u201cwe have nothing available\u201d or even just ignore the inquiry, a smart property manager will capture these leads to use them at a later date. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Tenant Lead Management is an important part of running a successful rental business. If you have an efficient system to organize all your interested applicants, you make your job that much easier when a vacant property pops up in your portfolio. Rather than going through the process of posting a vacant property to all the <\/span><a href=\"https:\/\/www.rentecdirect.com\/blog\/top-rental-listing-sites\/\"><span style=\"font-weight: 400;\">top rental listing sites<\/span><\/a><span style=\"font-weight: 400;\"> (there are dozens), you can simply access your applicant pool and send renter prospects an update saying a property they are interested in is going to be available soon. <\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How to Start Managing Your Tenant Leads<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">You can start tracking your prospective tenants by hand or by using a software company. This article examines both options.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Track Your Tenant Leads By Hand<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Let\u2019s first examine how renter leads come to you. Ask yourself &#8211; How do renters in your town find your properties or your management business? <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Most <\/span><a href=\"https:\/\/www.rentecdirect.com\/blog\/best-marketing-tips-filling-rental-vacancies-fast\/\"><span style=\"font-weight: 400;\">renters will find you online<\/span><\/a><span style=\"font-weight: 400;\"> via your website or social media page like Facebook. After looking at your website they will contact you by phone, email, online inquiry form or in person. Since the rental market has become highly competitive, chances are these prospective renters will contact you or your office even if you do not have any properties listed as available online.*<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When you track leads by hand, you can ask these prospects for some information and tell them you will notify them when a property does become available. You should ask your prospects questions like:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">what type of property they are looking for (number of bedrooms? bathrooms?) <\/span><\/li>\n<li><span style=\"font-weight: 400;\">what the max rent they will pay based on their income, <\/span><\/li>\n<li><span style=\"font-weight: 400;\">when they need to move by<\/span><\/li>\n<li><span style=\"font-weight: 400;\">If they have pets<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Email\/Phone Number<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">After getting this information, you have to create a filing system or input your prospects\u2019 information into an Excel file or a Google Sheet.<\/span><\/p>\n<div id=\"attachment_6989\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2017\/03\/Tenant-Lead-Tracking-by-Hand.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-6989\" class=\"wp-image-6989 size-large\" src=\"https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2017\/03\/Tenant-Lead-Tracking-by-Hand-600x124.jpg\" alt=\"Tenant Lead Tracking by Hand\" width=\"600\" height=\"124\" srcset=\"https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2017\/03\/Tenant-Lead-Tracking-by-Hand-600x124.jpg 600w, https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2017\/03\/Tenant-Lead-Tracking-by-Hand-300x62.jpg 300w, https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2017\/03\/Tenant-Lead-Tracking-by-Hand-768x158.jpg 768w, https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2017\/03\/Tenant-Lead-Tracking-by-Hand-610x126.jpg 610w, https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2017\/03\/Tenant-Lead-Tracking-by-Hand.jpg 995w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><p id=\"caption-attachment-6989\" class=\"wp-caption-text\">Example spreadsheet for manually tracking tenant leads.<\/p><\/div>\n<p><span style=\"font-weight: 400;\">When a property becomes available, you can filter or sort your spreadsheet\u00a0by number of bedrooms or by max rent or any other defining characteristic you choose to use.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Once you have your list of tenants who match the property, you can contact them via email or phone to let them know a property is available. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another option is to have your prospective tenants fill out a rental application that you keep on file and use to contact them if a property becomes available. <\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Track Your Tenant Leads with Software<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">While a few tenant leads would be easy to sort and manage on an excel file, what happens when you have hundreds of tenants visiting your rental business and inquiring about your properties? <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The good news is, a <a href=\"https:\/\/www.rentecdirect.com\/\">good property management software solution<\/a> gives you easy tools to collect, sort and manage tenant leads. These tools are linked with the properties in your software and matches vacant property to your tenant leads\u2019 preferences for you! Say goodbye to the time spent creating excel filters and sorting data. <\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How does Lead Tracking Software Work?\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Depending on the lead source (email, phone call, or online inquiry) you can create a prospective tenant profile, sometimes referred to as a \u201cGuest Card\u201d in the industry, that contains a tenant lead\u2019s interests. \u00a0If a prospect finds you online they can fill out their own tenant lead profile about their ideal rental property.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At a minimum, these criteria include number of bedrooms, bathrooms, a maximum amount of rent, and the city of interest. \u00a0If a prospect calls or emails you, you can create your own tenant lead profile about them or email them back a link to fill out their own profile and property search on your customized marketing website.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The system will then automatically scan your properties to find matches based on the prospect\u2019s interests and your available properties that have matching features. For example, if a prospect is looking for a two bedroom apartment under $1000 in Grants Pass, Oregon, the system will display all your available properties to the lead that fit this criteria as potential matches.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Saved Property Searches for Tenant Leads<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Property Searches are linked to the tenant lead\u2019s email address and saved in the system. \u00a0A tenant lead has the option to revisit or edit his property search by using the email address linked to the original search. If a new property in your account becomes available, the account manager can easily send an automated email to the lead to check out the newly available properties that match their search criteria.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whether you choose to manually track your tenant leads or find a software to save you time, having access to a system that works for you is important. A good tenant lead management system can help you fill vacancies faster, limiting the amount of time a rental sits empty and generates zero rental income.<\/span><\/p>\n<p><b><i>Do you have a great system to track tenant leads? Let us know how you do it in the comments!<\/i><\/b><\/p>\n<p><span style=\"font-weight: 400;\">*Even Rentec Direct gets these types of inquiries though we do not rent properties, only provide property management <\/span><i><span style=\"font-weight: 400;\">software. <\/span><\/i><span style=\"font-weight: 400;\">Our office gets at least a few calls a week from renters looking to rent a property and fill out an application.<\/span><\/p>\n<p style=\"text-align: center;\"><em>This article was originally published in March 2017 and has since been updated.<\/em><\/p>\n<hr \/>\n<h3>Related Reading For You:<\/h3>\n<ul>\n<li><a href=\"https:\/\/www.rentecdirect.com\/blog\/need-a-tenant-portal\/\">Do I Really Need a Tenant Portal for My Renters?<\/a><\/li>\n<li><a href=\"https:\/\/www.rentecdirect.com\/blog\/never-when-managing-rentals\/\">5 Things to Never Do When Managing Rentals<\/a><\/li>\n<li><a href=\"https:\/\/www.rentecdirect.com\/blog\/management-software\/\">Property Management Software, Solutions, Strategies, and Reviews<\/a><\/li>\n<\/ul>\n<p><script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [{\n    \"@type\": \"Question\",\n    \"name\": \"How to start managing your tenant leads\",\n    \"acceptedAnswer\": {\n      \"@type\": \"Answer\",\n      \"text\": \"You can start tracking your prospective tenants by hand or by using a software company. 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While it would be easy to dismiss any rental applicants with a simple \u201cwe have nothing available\u201d or even just ignore [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":15519,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"iawp_total_views":13,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[275,13882,13881],"tags":[816,571],"class_list":["post-6987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education","category-landlord-tips","category-property-management-tips","tag-lead-tracking","tag-property-management-tips","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Easiest Tenant Lead Tracking Solution (That Actually Works!)<\/title>\n<meta name=\"description\" content=\"How are you managing your incoming tenant leads to your rental business? 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Discover how to manage leads by hand or through your rental software.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rentecdirect.com\/blog\/lead-tracking-property-management\/\" \/>\n<meta property=\"og:site_name\" content=\"Rentec Direct Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/rentecdirect\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/rentecdirect\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-07T18:00:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-09T21:48:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2017\/03\/The-Easiest-Tenant-Lead-Tracking-Solution-That-Actually-Works.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"950\" \/>\n\t<meta property=\"og:image:height\" content=\"558\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kaycee Miller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/thatrentergirl\" \/>\n<meta name=\"twitter:site\" content=\"@rentec\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kaycee Miller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.rentecdirect.com\\\/blog\\\/lead-tracking-property-management\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.rentecdirect.com\\\/blog\\\/lead-tracking-property-management\\\/\"},\"author\":{\"name\":\"Kaycee Miller\",\"@id\":\"https:\\\/\\\/www.rentecdirect.com\\\/blog\\\/#\\\/schema\\\/person\\\/735d8e6faac25da39520310d459c0417\"},\"headline\":\"The Easiest Tenant Lead Tracking Solution (That Actually Works!)\",\"datePublished\":\"2022-03-07T18:00:46+00:00\",\"dateModified\":\"2022-06-09T21:48:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.rentecdirect.com\\\/blog\\\/lead-tracking-property-management\\\/\"},\"wordCount\":988,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.rentecdirect.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.rentecdirect.com\\\/blog\\\/lead-tracking-property-management\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.rentecdirect.com\\\/blog\\\/wp-content\\\/uploads\\\/2017\\\/03\\\/The-Easiest-Tenant-Lead-Tracking-Solution-That-Actually-Works.jpg\",\"keywords\":[\"Lead Tracking\",\"property management tips\"],\"articleSection\":[\"Education\",\"Landlord Tips\",\"Property Management Tips\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.rentecdirect.com\\\/blog\\\/lead-tracking-property-management\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.rentecdirect.com\\\/blog\\\/lead-tracking-property-management\\\/\",\"url\":\"https:\\\/\\\/www.rentecdirect.com\\\/blog\\\/lead-tracking-property-management\\\/\",\"name\":\"The Easiest Tenant Lead Tracking Solution (That Actually Works!)\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.rentecdirect.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.rentecdirect.com\\\/blog\\\/lead-tracking-property-management\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.rentecdirect.com\\\/blog\\\/lead-tracking-property-management\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.rentecdirect.com\\\/blog\\\/wp-content\\\/uploads\\\/2017\\\/03\\\/The-Easiest-Tenant-Lead-Tracking-Solution-That-Actually-Works.jpg\",\"datePublished\":\"2022-03-07T18:00:46+00:00\",\"dateModified\":\"2022-06-09T21:48:18+00:00\",\"description\":\"How are you managing your incoming tenant leads to your rental business? 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