LeasingNovember 12, 20192 min read
AppFolio Leasing — Multiple Renewal Terms
AppFolio has added the ability to send multiple lease term options at renewal time.
Send Multiple Terms at Renewal
You can now prepare a renewal offer for your tenants that includes multiple term options — such as a 12-month term, 6-month term, etc. — in addition to a month-to-month option.
How It Works
Tenants can view all their renewal options in their online portal and sign the one they'd like to accept. This gives tenants flexibility while keeping the renewal process fully digital and trackable within AppFolio.
Benefits
- Reduce back-and-forth communication about renewal terms
- Give tenants clear options to choose from
- Keep the entire renewal workflow inside AppFolio
- Track which term length tenants are choosing to inform future pricing strategy
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