How to Attract the Best Tenants
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Urban City Rentals
Urban City Rentals
Urban City Rentals Inc. provides professional rental property leasing and manage
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on Tuesday, 28 June 2011 in
Property Management
The best way to avoid problems with your tenants
is to get the best tenants in the first place. At Urban City Rentals, we know
that the process of finding good tenants is much easier than it sounds. It’s a
renter’s market right now, and chances are pretty good your potential tenants
are going to be selective. If you’re not spot on in your marketing and
presentation, those no-hassle, long-term tenants are going to pass right on by.
There are several key things you can do to
increase your property’s appeal and draw in those quality clients:
- Identify
your ideal tenant. Depending on the type of
property you’re renting and where you’re located, the “best renter” might be
something different than what someone else has in mind. Once you’ve identified
that ideal tenant, begin to craft a marketing campaign that’s specifically
aimed at that target tenant.
- Carefully
choose which amenities to advertise in your marketing campaign. You’re
going to draw in a different type of renter if you advertise, “easy access to
mass transit” than you will if you advertise “easy highway access, perfect for
commuting.” Both statements may be true, but one will bring in better tenants
than the other.
- Clean
presentation is all-important. People don’t want to
live in other peoples’ filth. Reglazing a tub, repainting walls, and getting
dead insects out of the windowsills send a message that the dwelling is a nice
place to live. The same goes for your landscaping and external presentation.
Common areas, too, should be given plenty of attention prior to a showing.
- Use
your existing best tenants as a resource.
Chances are you already have some rapport with your good tenants. Talk to them
about vacancies, and consider offering a “finder’s fee” for when existing
tenants refer a new customer.
- Exude
professionalism. Dress professionally for a
showing, or make sure your leasing agents do the same. Demonstrate to those
good tenants that you take property management seriously, and that you’re all
about helping them find the ideal place to live.
- Demonstrate
a commitment to the lease terms. When you discuss the
lease with a potential renter, spend a little time on issues that may have been
problematic for other tenants. Noise ordinances, late fee assessments, repairs,
security deposits, and other issues. Talking about those things shows the
potential renter that you’re serious about them, and will instill confidence in
the best tenants.
- Maintain
a high level of customer service.
When a tenant needs a repair, get it done fast and get it done right. If there
is an issue with a neighbor or with a facility issue, address those as well.
Offer customer service extras, such as helping new tenants connect with
utilities or other service providers. World-class customer service can be one
of the most effective marketing tools you have.
Tenants can fool you. Sometimes, you’ll think
you’ve landed an ideal tenant, only to be sending eviction notices in less than
six months. Still, by focusing on these few key areas, you can increase the
likelihood that you’ll draw in some of those no-hassle, happy tenants we all
like to have.
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