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Leveraging a revenue management tool can help by providing a way to understand the market and pricing optimization.Greg Warner of Revvy joins the podcast to discuss revenue management and why having a system..." />  <meta property="og:site_name" content="Buzzsprout"> <meta property="og:url" content="https://www.buzzsprout.com/1138928/episodes/16013986-pricing-optimization-lease-renewals"> <meta property="og:title" content="Pricing Optimization & Lease Renewals - Beyond Rent: Exploring Property Management"> <meta property="og:description" content="Pricing units is a very manual, time-consuming process, especially during lease renewals. 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Leveraging a revenue management tool can help by providing a way to understand the market and pricing optimization.Greg Warner of Revvy joins the podcast to discuss revenue management and why having a system that can easily optimize pricing is important when trying to quickly make an educated pricing decision, understand property performance in relation to competitors, determine goals, budgeted occupancies, and more.Using a revenue management tool is also crucial during lease renewals since it can greatly reduce the amount of time spent during the process, and provide guidance on staggering expirations and what premiums should be charged. These actions can balance the process and improve the workload for all team members.Explore additional Beyond Rent episodes by connecting with us on Facebook, Instagram, TikTok, LinkedIn, and YouTube.You can learn more about Greg Warner on LinkedIn, and Revvy on the company’s website.Visit RentManager.com/Podcast to submit an idea for an upcoming episode of Beyond Rent and discover more about the program.Learn more about Rent Manager’s industry-leading accounting, reporting, maintenance, and communication features at RentManager.com, or connect with us on LinkedIn, Facebook, Instagram, YouTube, and Twitter."> <meta name="twitter:image" 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That’s why it’s imperative to stay informed and pivot along with the industry. Rent Manager's Beyond Rent is a brand-new bi-weekly podcast full of the latest trends, technology, and best practices affecting property management today. Hear from true trailblazers and agents of change from all walks of the industry─experienced owners, policy makers, smart-home innovators, and senior-level Rent Manager representatives. Beyond Rent is hosted by Rent Manager’s own Joe Easton, a technology aficionado, seasoned networker, and seeker of conversations that go beyond the surface. New episodes of Beyond Rent will be available bi-weekly on all major podcast platforms </div> <label class="peer-checked:hidden font-bold cursor-pointer" for="show_more">Show More</label> </div> </div> <div> <a class="text-black underline hover:no-underline" href="/1138928/episodes">All Episodes</a> </div> </div> <div> <h2 class="text-[--primary-color] font-semibold">Beyond Rent: Exploring Property Management</h2> <h1 class="py-3 text-2xl sm:text-4xl font-semibold">Pricing Optimization & Lease Renewals</h1> <div class="flex items-center justify-between gap-4"> <div class="flex flex-wrap gap-2 md:gap-3.5 text-xs md:text-[13px] text-gray"> <time datetime="November 03, 2024" class="whitespace-nowrap">November 03, 2024</time> <span>•</span> <span class="whitespace-nowrap">Rent Manager</span> <span >•</span> <span class="whitespace-nowrap">Episode 110</span> </div> <div data-controller="timestamp" data-timestamp-copy-class="[&>div]:ring-green-500 [&>div]:bg-green-50" 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data-tabs-hide-class="hidden" data-tabs-active-class="!border-b-[--primary-color] border-b-4"> <ul class="tabs relative shadow-[inset_0_-1px_0_0] shadow-gray-200 flex gap-6"> <li class=""> <button name="button" type="submit" id="show-notes-tab" role="tab" aria-selected="true" data-tabs-target="tab" data-tab-toggle-panel="show-notes-panel" data-action="click->tabs#toggle" class="py-2 px-1 whitespace-nowrap relative z-1">Show Notes</button> </li> <li class="hidden"> <button name="button" type="submit" id="chapters-tab" role="tab" aria-selected="false" data-tabs-target="tab" data-tab-toggle-panel="chapters-panel" data-action="click->tabs#toggle" class="py-2 px-1">Chapters</button> </li> <li class="hidden"> <button name="button" type="submit" id="transcript-tab" role="tab" aria-selected="false" data-tabs-target="tab" data-tab-toggle-panel="transcript-panel" data-action="click->tabs#toggle" class="py-2 px-1">Transcript</button> </li> </ul> <div class="mt-8"> <div id="show-notes-panel" class="show-notes" role="tabpanel" aria-labelledby="show-notes-tab" tabindex="0" dir="auto" data-controller="convert-links-to-open-in-new-tab" data-tabs-target="panel" data-tabs-panel="show-notes-panel"> <p>Pricing units is a very manual, time-consuming process, especially during lease renewals. Leveraging a revenue management tool can help by providing a way to understand the market and pricing optimization.</p><p>Greg Warner of Revvy joins the podcast to discuss revenue management and why having a system that can easily optimize pricing is important when trying to quickly make an educated pricing decision, understand property performance in relation to competitors, determine goals, budgeted occupancies, and more.</p><p>Using a revenue management tool is also crucial during lease renewals since it can greatly reduce the amount of time spent during the process, and provide guidance on staggering expirations and what premiums should be charged. These actions can balance the process and improve the workload for all team members.</p><p>Explore additional Beyond Rent episodes by connecting with us on <a href="https://www.facebook.com/beyondrentpodcast">Facebook</a>, <a href="https://www.instagram.com/beyondrentpodcast/">Instagram</a>, <a href="https://www.tiktok.com/@beyondrentpodcast">TikTok</a>, <a href="https://www.linkedin.com/company/beyondrentpodcast">LinkedIn</a>, and <a href="https://www.youtube.com/@BeyondRentPodcast">YouTube</a>.</p><p>You can learn more about Greg Warner on <a href="https://www.linkedin.com/in/b-greg-warner/">LinkedIn</a>, and Revvy <a href="https://www.revvyco.com/">on the company’s website</a>.</p><p>Visit <a href="https://www.rentmanager.com/podcast/">RentManager.com/Podcast</a> to submit an idea for an upcoming episode of Beyond Rent and discover more about the program.</p><p>Learn more about <a href="https://www.rentmanager.com/">Rent Manager’s</a> industry-leading accounting, reporting, maintenance, and communication features at RentManager.com, or connect with us on <a href="https://www.linkedin.com/company/5135419/admin/feed/posts/">LinkedIn</a>, <a href="https://www.facebook.com/RentManager">Facebook</a>, <a href="https://www.instagram.com/rentmanager/">Instagram</a>, <a href="https://www.youtube.com/user/rentmanager">YouTube</a>, and <a href="https://twitter.com/i/flow/login?redirect_after_login=%2FRentManager">Twitter</a>.</p> </div> </div> </div> </div> </div> </div> <div class="hidden xl:block"> <aside class="pt-10 xl:pt-2 px-0 xl:px-8 border-0 xl:border-l border-gray-200" role="complementary"> <div> <h3 class="text-xl font-bold">Follow</h3> <div class="py-2"> <a class="flex items-center gap-2 py-2" target="_blank" href="https://podcasts.apple.com/us/podcast/beyond-rent-exploring-property-management/id1522541381"> <svg width="34" height="34" viewBox="0 0 34 34" xmlns="http://www.w3.org/2000/svg" class="w-7 h-7"> <g> <path d="M31.4065 28.002C31.1149 28.7427 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