How do owners and operators drum up the kind of urgency that converts attention into action and applications?
With the right amount of Cash Back at the right time.
We’re thrilled to empower renter loyalty with customized Cash Back offers that target two of the biggest pain points in the lease-up process:
Empower applicants to submit their applications faster
Skip the post-property visit slump. Offer extra Cash Back to residents who complete a rental application right after they tour the property. For example, a Stake customer could do the following:
With a few clicks, owners and operators can smooth high friction moments in the leasing funnel and improve performance at their property.
Empower residents to renew early and on time
Onsite teams spend valuable time sending out renewal notices – but too often they are ghosted by residents, left to nudge via phone and email, and surprised by last-minute move-out notices.
Ensuring retention is always a priority – especially during a volatile economy like the one we’re currently experiencing. Solve this pain point and maintain high renewal conversion rates by offering even more Cash Back when residents renew their lease within a certain time frame. Plus, stand out from the crowd by rewarding renewals!
In action, it looks like this:
Cash Back is a powerful tool that owners and operators can give their onsite teams with Stake – with zero guesswork and zero extra workload.
With Stake, owners and operators can finally understand and attribute residents’ actions to customized, empowering Cash Back offers. Our integrations with leading property management software providers allow property managers to “set it and forget it” – letting Stake deliver extra Cash Back to residents simply for taking positive actions on a tighter timeline.