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Posted over 9 years ago

More Than Just a Rental Property

For Rent! Move-In Today! Great location! 

Yes, renter's see all the promotion, but won't seal the deal without the right experience. No matter if it's a private rental or a  multi-family community with many apartments, people make their decision based on their experience. 

Below I have listed my top 5 suggestions for making the sale;

1. Be Responsive.

When a renter is searching for a place to call home, they are typically looking 30 days in advance. This gives them time to plan for the big moving day and the time to research. During the research phase, they are contacting owners/landlords for any additional questions not outlined in the listing. The first to respond, will generally get the sale. This sends the message that the landlord/owner is readily available to meet the needs of the tenant. 

2. Be Professional. 

Make sure you have an idea of how you want to operate your rental property, whether you manage it yourself or hire a professional (I'm available). It is a business.  Outline the ins and outs of living at the property and have  a system in place for any repairs and maintenance. This demonstrates, that you mean business as an owner. 

3. Be Organized.

Number two means nothing, if you aren't organized. Processing a new renter is very delicate, because if it takes too long, you run the risk of loosing the renter. Organize your operations to make them as efficient as possible. 

4. Be Knowledgeable. 

Your renter could be moving across the country and have no clue how to get to the local grocery store. This will definitely set you a part from many owners/landlords. Be welcoming to the new renter, take the time to share any helpful information. Know the area, introduce them to the neighbors. After all, you want them to appreciate you. 

5. Be Present. 

Ok, ok. Don't show up weekly asking to roam around the property to "check things out". A nice occasional, "Is everything ok?" can go a long way. Sometimes people get so busy and  could potentially forget to report things that may be detrimental to the property. Send  nice card during the holiday or develop a system for follow-up. 

All of these best practices make for a great Landlord/Tenant relationship. You want to make sure the renter is settled in comfortably and ready to take great care of the asset!

Happy renting!


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