Renewal Workflow

Keeping good residents and maximizing rent potential

Renew more leases at maximum rent with less

WM Property Solutions lease renewal process will make you and your clients more profitable. Our automated process monitors leases set to expire and begins the conversation with the owners and residents. Our process combines multiple databases to make smart recommendations on whether to renew a tenant and at what rent. Your clients will love the streamlined process and deep insight into their tenant and the rental market.

Do these sound familar?

Let's make life easier

This resident seems to have a lot of maintenance request, I am not sure if we should renew them.

I want to renew my resident but want to make sure I am getting the most rent possible. What should I do?

I am thinking about selling the property. I need help understanding potential rent and sale prices to help me decide what to do.

How we do it

Making your life easier

Monitor

Identify to-be expired leases in advance so you can confidently and proactively determine if renewing is the best for you, your client and the residents.

Research

Connecting with Propertyware and other third party datasets, our 25 point Unit Summary report provides the historical and current insights to quickly determine recommendations to renew or terminate.

Communicate

Our workflow manages the communications between your team and the owners and residents. Emails are automatically deployed at the proper step. Decision responses are monitored, and if not received in a timely fashion, additional email reminders are automatically sent.

Transparency

The entire process and their actions are journaled for a full historical reference. Owners, residents and your management team have the ability to provide additional notes throughout the process.

Testimonials

Since we started working with WM Property Solutions, our renewal conversion rate is at an all time high. The information we give our owner-clients is more accurate, done automatically and it has reduced the back and forth negotiating significantly. The extra time we are saving has given us the opportunity to understand our clients needs so we can better serve them.

Jake D Cleveland Property Management