What's the best avenue for getting renters in your new property?

Question

I just purchased a property that I intend to rent out. I am a Realtor so I can list it as a residential lease on the MLS, but are there better and/or more efficient ways to get renters in there? I am trying to avoid using a property management company!

Account Closed · Answer

Hey @Brad Piper, we've had a lot of luck with Facebook Marketplace. Of course this may depend on what area you live in, and the type of rentals, but we get the highest volume of inquiries through posting on FB Marketplace compared to Apartments.com and other listing sites, so that might be something to consider!

Mason Hickman · Answer

@Brad Piper

Get it listed on the MLS and make sure it syndicates out to all of the major search engines like zillow, realtor.com, etc. Also post it on Craigslist, which seems to have a much different group of people searching for places.

Calvin Ozanick · Answer

One site we use to market our listings is zumper. It seems that site brings in more leads than anywhere else. It syndicates through multiple places, but facebook marketplace is one of them!

Mack Benson · Answer

I wouldn't limit myself to a single source. Post it to as many places as you can and track where the leads come from. If one lead costs you more than others you can make sure your ROI is worth it. Track and measure so you know in the future where best to focus your efforts.

Grace Wang · Answer

Facebook groups and Roomster are also great platforms to find tenants in!

Roomster is subscription based, but if you find 1 person off of there it makes it worth it.

Tracy Streich · Answer

When Dec 1 rolls around many of the syndication agreements MLS has with Zillow will be going away.   Zillow will be charging per listing.   With that said pay what it cost and put it on Zillow.  For a single home the fee will be very minimal.  Zumper is another good option.

What's the best avenue for getting renters in your new property?

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