Online Renewals
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Online Renewals makes it quick and easy for residents to renew before they decide to look around. And there's new evidence that 90% to 95% of residents will accept a modest rent increase upon renewals – so you can boost your bottom line without harming your occupancy. With lower inventory created by Online Renewals, the YieldStar pricing engine is capturing an incremental price increase of 2% to 3%.
Online Renewals also makes it easy to offer upgrade amenities such as granite countertops and painted accent walls to reinforce your residents' renewal decision while adding to your asset value.
