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Updated almost 3 years ago on . Most recent reply

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Nathan Faselt
  • Rental Property Investor
  • Iowa City, IA
35
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94
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In person rental showings a thing of the past or still valuable?

Nathan Faselt
  • Rental Property Investor
  • Iowa City, IA
Posted

In this post pandemic world where virtual meetings and showings have become much more standard in everyone's lives. Is it possible or is anyone out there not doing any in person showings?

There's great resources for prospects to tour an apartment 3D doll house tours (Matterport), professional photos, videos walkthroughs of the exact unit, floorplans. We are asked more and more for Virtual tours and or someone shows up and is on facetime the full showing. Why should we still take them through the units? This seems like a waste of my and my staff's time, Gas at the time of writing this is crazy high. The type of properties we manage are 50 units and under, spaced all over multiple cities. We fill each unit and don't have a model unit like some large complexes. In addition to the savings, we will have happier tenants who don't have prospects coming through their home in the middle of their lease in my market sometime as early as 8 months before the current lease is up. Or on the flip side we have units that the current tenant is a slob and it impossible to get them to clean up or the XXX images around ect. and we lose prospect as we walk them through the unit because no matter how much you promise them that it will be professionally cleaned and fully maintenanced they are already gone.

This could help Reduce a large cost that we incurred to get them leased up.

Do enough people still want / need an in person showing to close the deal that its not worth the reduction in expense ?

Perhaps a good hybrid would be showing only to people who have applied or even more deep processed and approved applicants , anyone doing this?

  • Nathan Faselt

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Theresa Harris
#2 Starting Out Contributor
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Theresa Harris
#2 Starting Out Contributor
Replied

For long term rentals, I wouldn't rent to a person I hadn't met.

  • Theresa Harris
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