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Renewal Pipeline
A staged view of leases being considered for renewal, showing current status, responsibility, and the next action.
A renewal pipeline is a staged view of leases being considered for renewal. It connects upcoming lease dates with the responsible person, current step, and status of offers and signed renewals.
Use specific stage labels and dated support for status updates. For example, an offer being prepared, a response being awaited, and a renewal being completed are different states. Keep an offer or open discussion separate from a signed renewal when reporting progress.
Source: LeadSimple, Operations and Workflows, Renewal Follow-Through.
Frequently Asked Questions
What does a renewal pipeline add to an expiration calendar?
The calendar tracks dates. The pipeline also shows the current step, responsible person, and next action for each renewal.
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