From marketing to consulting, our team of highly skilled professionals delivers a multifaceted solution to each building.
RentLife provides a full-service, outsourced multifamily leasing model that reduces operational costs while increasing occupancy and maximizing rents.
Our compensation is 100% performance-based and tied directly to our success relative to established leasing targets. RentLife is cost neutral to our clients compared to the traditional management company leasing model. Our results are faster lease-ups and higher rents per square foot to create millions of dollars of added value for our clients.
Traditional lease-up models rely on a combination of salaried leasing staff provided by the management company and third-party apartment brokers.
36% of all qualified leasing inquiries come between 6:00 pm - 10:00 pm and 7:00 am - 9:00 am (outside standard management company operating hours).
Average response time for an on-site agent is 14.5 hours if the inquiry comes outside normal business hours and 6.3 hours if during regular business hours.
80% of all rental applications are submitted between 6:00 pm - 10:00 pm and 7:00 am - 9:00 am. Applicants often need guidance during this window.
The traditional management leasing model sees an average of 3.5% of overall prospect inquiries convert to leases.
More traffic. Better leads. Real-time response.
By dividing management and leasing responsibilities into two separate divisions, our owners achieve higher rents and lower advertising costs.
At Coeval Chicago, we reduced third-party broker involvement to a record-setting low of 21% of overall leases. In contrast, competitors report that third-party brokers procure more than 50% of overall leases.
Generated significant additional revenue based on the occupancy rate 5% greater than the Chicago market average. While 33% of comp buildings offered one month free, these properties offered no concessions.
"RentLife leases apartments, on average 38% faster at rates 9% higher than projected proforma."
Learn about our inclusive culture and unique approach to serving clients and achieving lasting results.
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