Our Tenant Connect program continues to flourish, and we’re happy to say that 2015 has been an exciting year for the overall growth of the program. Since our last update 11 months ago, OfficeSpace.com has gone nationwide and we’ve more than doubled the number of participating brokers in our Tenant Connect program.
Much of the program’s success can be attributed to the strong year we’ve had as a whole. We’ve seen record traffic numbers and have continued to track growth on all fronts:
Recap: The Program
Tenant Connect is our broker marketing platform which we’ve designed specifically for Tenant Rep Brokers. This platform allows Tenant Rep brokers to connect with prospective tenants who are actively searching for available spaces on OfficeSpace.com. These connections happen via email or phone and are tracked in our system and relayed directly to the broker. As a Tenant Rep, you simply have to qualify and respond to inquiries (something you all do currently).
This platform has truly proved to be beneficial to both the Tenant and the Tenant Reps.
An updated snapshot of what we’ve seen in our program:
– Over 14,000 contacts directly delivered to the broker.
– Over 157% growth in the number of participating partners over the past 10 months.
– Tenant rep partners are averaging over a 4x return on their spend.
– Over 75% of our users are tenants searching without representation, and 68% are searching for spaces over 1,000SF.
What Participants Are Saying
We recently turned to one of our Tenant Connect veterans, Scott Driver, to ask how the program has personally impacted him:
Q: How does Tenant Connect compare to other online referral/lead sources?
Scott Driver: There are no other lead resources for Tenant Rep Brokers.
Q: To date, what has been your most memorable tenant contact from OfficeSpace.com?
Scott Driver: A contact that resulted in a $15,879.75 commission check for an office lease.
Q: What has been the biggest impact for you as a result of joining Tenant Connect?
Scott Driver: Additional income was $30,000 in 2014 (4 months), and $57,000 2nd quarter of 2015 with many deals in the pipeline. There’s also an additional peace of mind knowing that leads will be received at least weekly if not more often.
Q: Do you have any advice for new members or for those that are interested in joining?
Scott Driver: Contact the leads via email as quickly as possible, followed by a phone call to determine the specifics of the requirement, how “real” it is, and the probability of closing a transaction. Also, show the space as soon as possible.
Q: Anything else you’d like to add?
Scott Driver: Anyone who does not benefit from this lead program isn’t getting up in the morning.
The Next Steps
As we diligently add new listings and drive more traffic, we are continuing to see new opportunities in most of our markets to add more Tenant Rep partners who are hungry to grow their business and understand the value of online marketing.
Contact us below for more information and don’t miss out on reserving a spot to represent yourself as the local tenant expert in your market: