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Apartment complex leasing ratios
Hello everyone!
I'm a young property manager managing 69 units between two complexes in Grand Forks, ND.
My questions is: What are target percentages of...
- Showings / Leads (% of showings from leads)
- Applications / Showings (% of applications from showings)
- Leases / Applications (% of leases from applications)
Right now my stats for the month of June are:
- Showings / Leads = 26%
- Applications / Showings = 63%
- Leases / Applications = 100%
Thanks!