- How fast do we actually need to respond to a commercial inquiry?
- Faster than most firms currently do, though nobody can hand you a guaranteed threshold. The practical test is whether the person is still thinking about your building when you reach them. An inquiry sent at eleven in the morning and answered the next afternoon is competing with everything that happened in between. Measure your own gap between the form timestamp and first human contact, look at how it correlates with tours booked, and set a standard you can actually hold.
- Is gating the offering memorandum worth it?
- It depends on what you are protecting. A confidentiality agreement on a confidential sale is normal practice and principals expect it. Gating a routine availability flyer mostly screens out serious buyers while competitors download it anyway. If you gate, explain what is behind it, make execution quick, and make sure the flyer level information is freely available so somebody can decide whether the building is worth the step.
- We get very little traffic. Is conversion work still worth doing?
- Usually more worth it than buying more traffic. Low volume means each inquiry is expensive to acquire, so a leak costs proportionally more. The work also changes shape: instead of split testing, you look at where inquiries stall, how long replies take, whether routing matches county coverage, and what brokers hear repeatedly on calls. Those fixes do not require statistical significance to justify because they are correcting obvious breakage. That is the shape of most of the work we take on here: repair the handoff first, and come back to the site only if the stage numbers say the site is what is holding you up.
- What would the first month working with you look like?
- Mostly building things your team keeps using afterward. We draw the routing table by county and asset class, name a second owner for every inquiry so nothing sits waiting on a broker who is in Murfreesboro until four, and set the source and county stamps in the CRM so a record can still answer a question six months later. The owner-side intake path gets built separately, with its own short form and its own route to a senior person. By the end of the month you have a written first-reply standard, a measured baseline for time to first human contact, and a report that keeps tenant work and owner work apart.
- What should we measure if not conversion rate?
- Track inquiries by county and asset class, time to first human contact, the share that reach a scheduled tour, and the share that reach a proposal or signed agreement. Track owner-side inquiries separately, because they are a different business with different economics. A single site-wide conversion rate blends a Davidson County office tenant with a Rutherford County land buyer and tells you nothing you can act on.
- Should tenant and owner inquiries use the same form?
- No. They want different things, have different urgency, and are worth different amounts. A tenant is describing a requirement. An owner is evaluating whether to hire you. Give the owner path its own short form, its own routing to a senior person, and its own follow up standard. Sharing one queue means the highest value inquiry you receive all quarter gets whatever attention is left over after the tenant inquiries are cleared.