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Move Page Lease Renewal

Move Page Lease Renewal

Aug 6th, 2022

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How to Move Page Lease Renewal

4.9 out of 5

22 votes

As a property manager, lease renewal season can be challenging with tenants considering whether to move or stay. To streamline the process, here are four tips: 1. Start early: Begin the lease renewal process at least 120 days before the expiration.2. Determine renewal rates: Research and decide on the lease renewal rate to offer tenants.3. Communicate proactively: Reach out to tenants before they realize their lease is ending, especially if they are good tenants.4. Focus on retention: Aim to keep desirable tenants by presenting them with renewal offers in a timely manner. Implementing these strategies can simplify and expedite the lease renewal and turnover process.

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