Learn the art and science of successful rent renewal.
In an ever-evolving rental market, staying ahead demands innovative strategies and smart technology integration. Our upcoming webinar delves into the art and science of successful rent renewal, tailored for today's dynamic property management landscape. Whether you're a property manager, owner, or part of a property management team, this session is designed to equip you with cutting-edge strategies for rent renewal success. We'll explore proven techniques for fostering strong tenant relationships, offering flexible terms, and achieving competitive pricing through insightful market analysis. A special focus will be on leveraging technology and AI to streamline processes, enhance decision-making, and improve tenant satisfaction. This webinar is more than just a learning experience; it's an opportunity to transform your approach to rent renewal, ensuring higher retention rates and optimized profitability. Attendees will gain actionable insights, access to the latest tools, and the knowledge to navigate the complexities of rent renewal in the digital age. Don't miss this chance to revolutionize your rent renewal approach and stay ahead in the competitive property management arena.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Introduction
- Setting the Stage: Rental Renewals
- Welcome and Introduction
- Presentation Overview and Objectives
Trends in Single Family Home Rental Market
- National Trends and Market Analysis
- The Importance of Rent Renewal in Property Management
- Aligning Owner, Resident, and Property Manager Goals
Proactive Communication and Relationship Building
- Building Strong Tenant Relationships: Communication Best Practices
- Effective Owner-Manager Communication: Ensuring Alignment and Transparency
- Case Study: Impact of Proactive Communication on Renewal Rates
Offering Incentives and Flexible Terms
- Creative Incentives for Encouraging Renewals
- Flexibility in Lease Terms: Adapting to Tenant Needs
- National Examples: Successful Incentive Strategies in Different Markets
Market Analysis and Competitive Pricing
- Conducting Market Analysis: Tools and Techniques
- Balancing Competitive Pricing With Profitability
- Upgrades and Maintenance: Aligning With Market Expectations
Technology's Role in Renewals
- Advancements in AI and Property Management Software
- Benefits of Integration and Automations
Legal and Ethical Considerations
- Navigating Legal Frameworks Across Different States
- Ethical Practices in Rent Adjustments and Tenant Negotiations
- Resolving Disputes: A Balanced Approach
Conclusion and Closing Remarks
- Key Takeaways and Best Practices
- Encouragement for Implementation of Strategies
- Thanking the Audience and Closing
Q and A Session
- Open Floor for Questions
- Sharing Experiences and Perspectives
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Credit
More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on March 15, 2024.
Call 1-866-352-9540 for further credit information.
- AR CLE 1.0
- This course has been approved for 1.0 hours of CLE by the Arkansas CLE Board.
- Arizona CLE 1.0
- The Arizona State Bar does not pre-approve or pre-certify MCLE programs. However, records of this program and attendance will be maintained by Lorman Education Services for auditing purposes. This activity may qualify for up to 1.0 hours toward your annual CLE requirement for the State Bar of Arizona.
- CA MCLE 1.0
- Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.0 CLE hours of participatory credit.
- CT CLE 1.0
- Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 1.0 CLE credit(s).
- GA CLE 1.0
- This program has been approved by the Georgia Commission on Continuing Lawyer Competency for 1.0 CLE hours.
- HI CLE 1.0
- This program was approved by the Hawaii State Board of Continuing Legal Education for 1.0 CLE credit hours.
- MO CLE 1.3
- This course qualifies for self-study CLE credit in Missouri.
- NH MCLE 1.0
- NH MCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. Lorman Education Services believes this Ondemand course meets the requirement of NH Supreme Court Rule 53 and may qualify for CLE credit(s). Program Length: 64 Minutes.
- NJ CLE 1.3
- This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 1.3 hours of total CLE credit.
- PA CLE 1.0
- This Distance Learning program has been approved by the Pennsylvania Continuing Legal Education Board for 1.0 hours of substantive law, practice and procedure CLE credit.
- RI CLE 1.0
- This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 1.0 hours of CLE credit.
- VT CLE 1.0
- This self-study program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.0 hour(s) of CLE credit. Please note: Attorneys may only claim 12 credits per compliance period in this format. This course is considered "Non-Moderated Programming without Interactivity".
- WI CLE 1.0
- This program qualifies for 1.0 hour(s) of ondemand CLE through the WI Board of Bar Examiners.
- WV MCLE 1.3
- This program has been approved by the West Virginia State Bar MCLE Commission for 1.3 MCLE hours.
To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
MP3 Download
- Arizona CLE 1.0
- CA MCLE 1.0
- CT CLE 1.0
- HI CLE 1.0
- NJ CLE 1.3
- VT CLE 1.0
- WV MCLE 1.3
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Credit
More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Kelli Segretto
K Segretto Consulting
Kelli Segretto, CPM
- Founder, K Segretto Consulting
- Property Management and Process Solutions Consultant, focusing on Property Man-agement Operations; including technology, teams, process, and business strategy de-sign.
- 20 years property management experience; exposure in all 50 states and 8 countries
- National Speaker: Real Property Management, Property Management Inc, NARPM, IMN, and various Webinar and Podcasts
- Membership: NARPM Women’s Council Vendor Chair, NARPM Utah Board Member, IREM National Designations and Certifications Committee Member, Rental Housing As-sociation of Utah Instructor
- Certifications/Education: IREM Certified Property Manager (CPM) and Licensed Utah Real Estate Agent
- Email Address: [email protected] Calendar: http://www.calendly.com/ksegretto
- Phone Number: (385) 355-4664 Website: https://ksegretto.com
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Credit
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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