[Podcast Short] Why You Should Be Charging for Lease Renewals: An ‘Insurance Policy’ for Owners

Charging a lease renewal fee is essential for protecting property owners from costly tenant vacancies.

This video and article explain why a fixed-term lease renewal acts like an insurance policy, safeguarding owners from losses of potentially thousands of dollars when tenants leave during quiet periods on a non-fixed-term lease agreement.

By securing a fixed-term lease, property managers offer valuable protection and stability, making a lease renewal fee justified and necessary.

Learn how to confidently charge for lease renewals and use proven scripts to handle fee objections effectively.