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EliseAI and Zillow Rentals found that renters who use an AI assistant are 43% more likely to submit a rental application. The data comes from a company announcement detailing the impact of AI-driven leasing tools on renter behavior and conversion rates.

EliseAI, a $2.2 billion startup, built Ella, an AI assistant handling 1.5 million texts, emails, and calls yearly for Equity Residential. The bot saved the landlord $20 million in payroll costs by not replacing staff who left. Some customers praised Ella's work ethic without realizing it was a bot.
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