The Lettings Daily Report within Reapit’s Agency Cloud displays all your key agency metrics in one view, providing an instant overview of how your agency is performing. It allows you to report on multiple offices, or drill down to a single branch, with flexible date filters available.
Spotting trends and seeing where your business is excelling or struggling has never been easier, meaning you can make informed strategic decisions quickly.
Quick tips on using the Lettings Daily Report
The Lettings Daily Report is the ideal primary focus for morning meetings, enabling managers to see what happened yesterday and focus their team on the areas to improve on for the day ahead.
The Arranging Tenancies column is the main pipeline for your Lettings business. As the columns separate into Managed and Not Managed, it also allows you to spot any potential for upsell. (E.g., Let Only to Fully Managed)
The best place to review fee performance is in the Instructions column, under % Managed and Total Av. Weekly Rent.
The Pending Offers column indicates the level of interest you have received in properties, and provides a pre-pipeline view on potential fees, allowing you to forecast incoming business based on your conversion rate. High figures in the Price Reductions column may point towards instructions regularly being over-priced, or a negotiation weakness.
Drill down into the data
You can also click any figure within the report to view further details – useful for columns which require further understanding, such as Withdrawals or Cancellations.
But please note that the accuracy of the data relies solely on those who enter it in, so it is good to ensure all the right details are being recorded.
Podcast: Feature Focus Ep 3: Lettings Daily Report
Want to find out more about this feature? Visit the Knowledge Base to see full guides on the Sales and Lettings Daily Reports. Alternatively, you can contact your Customer Success Manager to discover how you can get the most out of Agency Cloud.
Are you currently using the UK’s most popular estate agency software? Release your full business potential when you use a single platform across sales, lettings, property management and client accounts. Get in touch today for a free demo of our award-winning property software.