How to Successfully Market a Rental Property
Chris Mullinax - Monday, April 8, 2019
Back in the day yard signs were the best way to find new tenants, unfortunately, it isn’t that simple anymore. The way your property is marketed will have a huge impact on how fast it is rented and a critical factor in reducing a vacancy period. If you want to rent your properties faster you will need a good marketing plan, you want to ensure that your property stands out and attracts the most tenants possible. The majority of the tenants search for their next rental home online, so list everywhere, there are a lot of free websites that allow you to post for free. Some of them are; Hotpads, Oodle, Connected Investors, Cozy and Letgo. Facebook is another great site to post your property, look for Facebook rental groups in your area and post there.
We all know that the rental property market is incredibly competitive, so you have go the extra mile to really stand out. Thoroughly clean the place and if any repairs are needed hire a professional to do the repairs. Once done with that your property will be ready to be photographed, remember that the images that you will post are the first impression that a possible tenant will have of your property, so you want to take good quality images in order to awake the persons interest and desire to visit the property, you might even consider hiring a professional photographer. Marketing your rental is just the beginning of a long process for renting your property.
Now if you find that marketing your own rental is a hassle and you don’t want to do it, feel to contact us. Our property management packages include a marketing strategy that brings maximum exposure to your property in the market. Increased exposure will give you the greatest number of potential tenants, which will result in saving you time and money. At CRM property management, we have a wide variety of marketing strategies to rent your property. Some of the tools that we use for our marketing strategy is listing your property in our site and over 100 other sites, like Zillow, Trulia and many more and add a marketing description. We also take professional quality photographs and marketing videos. Properties with professional photographs move up to 40% faster than those marketed with amateur or bad photos. Our position in the community is a huge advantage because we have a constant flow of prospects looking for properties that call our office and come to us. This are some the tools that we use but are not be limited to. You should view your marketing as an investment and any good investment will generate a return. Let our experts find your next tenant.