Are you having a hard time keeping your property occupied by tenants? If so, worry no more as in this article, we listed some great ways to get that property of yours rented faster.
Use high-quality photos.
You should always present your property as warm and inviting. This is why taking high-quality photos is very important because it’s a starting point for potential renters. Most renters would usually check online listings first before they personally visit the place and if your photos are blurry, dark, and cold, you can expect minimal interest on your property.
If you have a substantial fund for marketing, hiring a professional photographer is ideal. However, taking the photos by yourself would do as long as you make sure the photos are accurate, all the while putting the property in a good light. Showcasing the property’s edge over other rental properties could also make a big difference.
Create detailed and accurate listings.
Having a well-written and detailed listing is another best way to get your property rented faster. Be as specific and as comprehensive as possible. Renters know what they like and if your description matches their criteria, you’ll get that property filled with tenants in no time.
Below are some pointers to remember when writing your listing description:
- Dimensions of each room – kitchen, bedroom, and living room
- Rules on pets – kinds of pets allowed and fees, if any
- Flooring – Hardwood, carpeted or tiled
- Washer and Dryer – in-unit or on site
- Heating and Cooling System
- Balcony or patio
- Other amenities
Install new and up-to-date appliances.
Are your appliances outdated? If your answer is yes, better go and invest in new ones. Renters nowadays are easily attracted to new and shiny appliances, so you may want to get rid of your stove from the 1990s and replace it with sleek new appliances. Related: 5 Important Property Upgrades That Maximize Your Property’s Rent Rate
Offer a moving-in promotion.
Promotions are sure to entice potential tenants, so be sure to have one in place. Some common promotions offered by landlord and property managers are as follows:
- Consider offering a “First-month free” promotion to tenants who will sign a lease agreement before the previous month ends.
- You may also consider waiving the security deposit of potential tenants who sign up during a specific period.
- Another promotion you may also want to consider is to offer lower monthly rent for tenants who will be renting for a longer period of time.
- Waiving the application fee is also another enticing promotion you may want to offer to your potential tenants.
That’s it! By following the above tips, we are hopeful that your property will be filled with quality tenants in no time. Good luck!