A leading apartment Real Estate Investment Trust (REIT) striving to maintain its competitive edge in a millennial-driven market faced significant challenges due to outdated systems and poorly managed backend integrations.
Business Scenario
- The existing online leasing platform failed to meet the expectations of tech-savvy renters, offering an outdated and clunky user experience that deterred potential tenants.
- Backend integrations were inflexible and inefficient, making it difficult to streamline operations or implement changes to support business needs.
- The REIT required a scalable and adaptable solution to keep up with the rapid digital transformation in the leasing industry, a challenge that became even more urgent during the COVID-19 pandemic.
Areya’s Approach
UI/UX Overhaul:
- The Salesforce front-end interface was completely redesigned using a custom UI/UX approach combined with Lightning Experience. This update introduced a sleek, modern look and feel while improving ease of use for both renters and leasing agents.
- The enhanced design was specifically tailored to meet the demands of millennial users, prioritizing intuitive navigation and accessibility across devices.
Flexible Integrations:
- To ensure seamless data flow, the RealPage backend leasing platform was integrated into Salesforce through robust REST APIs, creating a cohesive system.
- The solution was intentionally designed with modularity in mind, allowing the REIT to easily switch to a different backend platform or migrate the entire system into Salesforce in the future without significant disruption.
Impact
Results Achieved:
- The implementation led to a noticeable increase in the number of “sight-unseen” leases, particularly as renters became more comfortable with the user-friendly digital leasing process.
- Following the onset of COVID-19, this solution proved invaluable as it allowed leasing operations to continue without the need for physical unit tours, ensuring uninterrupted business continuity during a critical time.
- The REIT gained a competitive advantage in the market by positioning itself as a leader in digital leasing, attracting tech-savvy tenants and enhancing operational efficiency while building a foundation for future innovation.
Conclusion
By transforming both the user experience and the backend integration framework, this Salesforce-powered solution addressed the immediate needs of the REIT while preparing it for future challenges. The implementation not only modernized the leasing process but also created a scalable, flexible system that will support growth and adaptation in an ever-evolving industry landscape.
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