Top Things That Attract Quality Tenants

Representing yourself as a high-quality landlord is a preeminent approach to appeal quality tenants. Effectively express your organizational skills, provide clear information, and present a clean and well-cared property in order to enable potential tenants to trust you and choose your apartment rather than opting for others.

Another major factor that makes or break your rental business is the basic amenities a landlord offers. No doubt, renters are expecting more amenities than ever. That`s George Schiaffino shared some of important tips and tricks on getting a high quality look without even breaking the bank!

Tenants

Thorough Listing and Relevant Paperwork

A thorough listing is an initial step in attracting quality or business tenants at your showing. A catchy, well-written, and descriptive listing with great photos are mandatory to impress quality renters while making them interested in renting your property. In addition, directions to your property should be perfectly clear.

Use online applications and leases, in order to avoid signing application or leases forms at a showing. Although, you need to do the relevant paperwork yourself to get details about applicant’s background, credit check, and lease.

Schedule Individual Property Showings 

Landlords usually believe that an open house schedule is an ideal way to market their assets and save time. But, open houses end up damaging your rental process, instead of helping it. When you schedule a single time meeting for an open house, your business tenants aren`t able to inspect an asset. Also, open houses eliminate certain criteria that you can use to screen tenants your rental property.

On the other hand, if you schedule an Individual property showing, it gives a chance to know a prospective tenant, ask the right questions, and notice red flags. The smartest way for real estate agent to find quality tenants is to meet them individually at a showing.

Also read:  How to Create Passive Income by Real Estate Investing

 

Know Area Amenities

George Schiaffino recommended to make an in-depth research of area amenities, so you are not caught off-guard by questions. For examples, if you or your previous tenants didn’t have pets, children or cars, but future potential tenants have - provide them with all required amenities. Also, quality tenants looking for sociable neighbors. In case, they don`t find them, they probably turned off.

Consider supplemental handouts for people with pets (dog parks, pet stores, dog walking services), children (local schools, playgrounds, parks), cars (parking options, costs, and phone numbers), and bicycles. Now, if you do not incorporate written information, make sure you can speak intelligently about local amenities.

Flexible Schedule 

While renting your rental property and scheduling property showings, make a flexible timing about meeting them. Professional/ Business tenants will only be able to come to the property after work hours or on the weekend. Scheduling should only be flexible about meeting people, avoid flexibility in terms of timing - it acts as a red flag. If someone “forgets” about the showing. Re-scheduling it gain and being over accommodating is not suitable in tenant screening process. 

The above tips will not only help you attract tenants but will also make the showing process easier and less stressful. To know more, contact George Schiaffino - A real estate agent!