Rent Increase (or Rent Decrease) - Adjust Standard Pricing
Time for a price change? Unit Trac makes it simple.
Adjust your standard pricing:
Option 1:
Step 1 - Go to Facility > Facility Editor
Step 2 - Click on Size Actions > Change Pricing and enter the new price for that size. Repeat for each size as needed.
Option 2:
Step 1 - Go to Facility > Site Map and click "Edit Map."
Step 2 - Click on Size Actions > Change Pricing and enter the new price for that size. Repeat for each size as needed.
Note: When updating pricing, this only applies to units that are not currently rented (new leases going forward). If you are also updating prices for existing customers may also choose to change the pricing from this screen and update multiple leases at once. This change will take effect the next time a customer is invoiced. Any existing invoiced rent will remain unchanged.
If using the Unit Trac website, once the pricing is updated - it will automatically be reflected on the website.
You may also choose to update the leases individually. You can update the rental rate on active leases one of two ways:
Adjust your current customer rates:
From the Customer menu:
- Go to the customer and select the lease that you would like to adjust the pricing for.
- Click 'Edit' in the Lease column and update the rate. Click 'Save' and you're there.
From the Leases menu:
- Select the lease that you would like to adjust the pricing for.
- Click 'Edit' in the Lease column and update the rate. Click 'Save' and you're there.
Note: The rental increase will only impact invoice items going forward.
If you are using the eLease and would like to have an updated rental agreement on file, please go to Actions > Re-eSign Lease.
Need help communicating the rent increase to your customers?
1. Go to Business > Compose Email and select "Current Customers" to notify them of the price change.
2. You can also include a note on your invoices and receipts at Business > Settings > Documents.
TIP: Go to Business > Reports > Lease List and select the option to include "Standard Rent, Actual Rent and Rent Difference" to confirm which customers are over/under paying based on current pricing.