RentEngine's AI automatically answers tenant calls and texts 24/7, handling inquiries and scheduling showings. About 40% of leads come outside business hours. The tool uses preset rules to reply and Peter Lohmann reviews its responses, which he says outperform manual handling.
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RentEngine, they have an AI product built in. So RentEngine helps you respond to incoming tenant leads. It helps you schedule showings and just deal with everything having to do with your rental listings and your showings and your inquiries. They have a new, newer AI tool that basically responds to the incoming requests for you using kind of a predetermined set of rules and guidelines. They've really been working on this product and it's gotten phenomenal. There's a phone component and then there's a text message component. And I think they're working on email, but I've been very impressed. I jump in there from time to time. I look at what the AI is responding to and how it's responding to the incoming requests and inquiries. And the nice thing is this tool can respond 24/7. So even when your team isn't working and RentEngine actually just released some research showing that something like 40% of tenant leads come in after hours. So their AI can obviously respond to that 24/7, which is a huge advantage.