Mendell Gosnell, CPMPrincipal Broker, Centurion Real Estate Services · Helping Real Estate Investors Build Generational Wealth Through Smart Property Management | Branch Offices in Salem, Corvallis, Eugene and Redmond.

Why You Should Pay Lease Renewal Fees

22 Jan 2026 · 1 min

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In this segment, Mendell Gosnell, a property‑management professional with two decades of experience, addresses common owner pushback against lease renewal fees. He explains that the fee is not merely for paperwork; it reflects the continuous value provided to tenants—from pre‑move‑in relationship building and customer service through the entire lease term. Gosnell argues that the lease renewal fee is earned the moment a tenant moves in, as the landlord’s management team maintains trust, handles ongoing service, and safeguards the tenancy, thereby justifying the cost to owners.

Chapters

Sometimes we get some pushback from owners of like, well, why is that? The tenant's already in place. I don't see why I should pay for a lease renewal for just some paperwork. And again, being in the industry for 20 years now, I know it's more than just doing a little bit of paperwork. The reality is, is the leasing fee is actually— you actually begin to earn the leasing fee, the lease renewal fee, The moment the tenant moves in and even before that whole process, that great customer service and interaction and building the trust and that relationship with the tenant and then taking care of them for the entire year.