How To Attract Quality Tenants

by Administrator 16. February 2018 14:32

Any property owner who aims to maximize profits from their rental property would know that the best way to do so is by attracting high quality tenants. Tenants are usually keen on finding a property that looks visually appealing, is at a good location and is appropriately priced. Here are some pro-approved tips for attracting quality tenants.

1. Determine Your Target Market
In order to attract the right kind of tenants, it is important to be very clear on what your target market is. Are you looking for a family, student, an elderly couple, animal lover etc.? Prepare your property according to your target audience after considering what would appeal them. This way, you will attract tenants who are likely to stay longer.

2. An Impressive Listing

Prospective tenants usually check out internet listings when looking for a rental property. So creating an impressive listing is crucial in helping you get quality tenants. When writing a listing for your property, make sure it is descriptive and informative but at the same time concise and to the point. Pay special attention to the headline. It should be captivating. Also ensure that details of how to get in touch with you are clearly mentioned.

3. High Quality Pictures
Tap into the power of visuals to attract great tenants. Do this by representing your property in the listings with the help of beautiful high quality photos. Take close-up shots of the special spots such as an attractive entryway, flowers on the sidewalk, a swimming pool, a local library nearby etc. The pictures should be targeted towards the audience you are interested in.

4. Online Reputation
There are high chances that potential tenants will look for online reviews before shortlisting a rental property of their choice. A positive online image is likely to catch their attention faster. Request previous tenants to write positive reviews about your property. Always work towards providing your tenants with positive experiences in future as well to keep the goodwill going.

5. Conduct Regular Maintenance
Regularly maintaining rental property keeps it impressive at all times. Invest in some landscaping and cleaning services from time to time. With regular upkeep, there are fewer chances of things breaking down in the long term, thus saving your time and energy. It also helps while conducting a showing as you don’t have to stress about thoroughly cleaning and staging it. You are always prepared for an impromptu showing.

6. Thorough Screening
Screening tenants gives property owners important insights about their background, credibility and income. It becomes easier to judge whether the prospective tenant will be worthwhile or not. Try contacting previous landlords and references to know more about the tenants.

7. Provide Add-Ons
Add-ons are a sure way of making your property more desirable. Examples of add-ons are built-in wardrobes, air conditioning system, dishwashers, heating etc. Add-ons are high yielding long term investments.

8. Effective Communication
Communication plays a pivotal role in attracting quality tenants. Tenants prefer property owners who are approachable. Being able to answer their queries helps them visualize themselves in that place. More knowledge about the place will surely increase their interest in staying there.

We, at John Reider Properties offer a myriad of real estate services. For more information, visit 455 E. Central Texas Expwy, Suite 101, Harker Heights, TX 76548 or call at (254) 699 – 8300.

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