9 months Vacant… help?

[Rhia Mckissic]

Hi everyone,

I live in NYC and purchased my grandparents' house in Baltimore, in Ednor Gardens (nice area close to MSU, Montebello Lake) July of 2023. I had a shady contractor and didn't complete renovations until November 2023. The renovations were necessary to pass the rental license inspection. By the time I got the rental license we were in the dead of winter. I've been using a freelance property manager who insists that the tenants are not coming because the "market is slow from now until the spring". Initially I left it completely in the PMs hands, but I recently posted the property on Avail.co and reached out to a realtor friend to post it on the MLS. It's been about 4 days and I haven't gotten any leads. Please advise.

FYI: It’s a 5 bedroom- 4 bath, I’m looking for a group of professional roommates or a family. 

[Aaron Arnold]

@Rhia Mckissic It sounds like you're going through a tough time with your property. Here's a bit of advice: Marketing a property effectively involves several steps. You've already taken some good ones by listing the property on Avail.co and MLS, but since it's been vacant for 9 months, consider if the property is priced competitively for your area. It's also important to ensure your property is presented well with professional photographs and possibly a virtual tour.

Additionally, expanding your marketing to social media, real estate forums, and local community boards could help increase visibility. Since you mentioned the house is suitable for professional roommates or a family, you might also want to reach out to local businesses, hospitals, or universities, where there may be potential tenants looking for housing options like yours.

Lastly, feedback is invaluable. If you've had viewings but no offers, try to get feedback from viewers to understand any concerns or objections they might have. With this information, you can address issues that might be turning potential tenants away.