3 Tips For Marketing A Vacant Rental Property
If you own a rental property that you need to get filled fast, you’re going to want to have a few tricks up your sleeves when it comes to marketing your property and finding a qualified tenant. But for property owners who also have full-time jobs, families, and other responsibilities, you likely can’t or don’t want to be spending hours a day scouting for good tenants. Luckily, you can use good marketing strategies to help you in doing this.
To show you just how this can be done, here are three tips for marketing a vacant rental property.
Ask For Referrals
If you’ve had good renters in the past that always paid their rent on time and didn’t cause damage to your property, or if you know of people that you trust to send a good tenant your way, you might want to ask these groups of people for any referrals they might have.
People always seem to know others who are looking for a good place to live with a good landlord. So if you can find a trusted source to send someone to live in your rental property, even if this means giving other current tenants a break on rent for a month or other perks, this could be well worth your while.
Set Up Strategic Signs
Another strategy you might want to try is putting up signs in areas where you know there might be tenants interested in moving into a rental property like the one you have available.
Depending on the property, the neighborhood, and other factors, you might want to put a sign out front of the rental property, near the closest school, in a heavily trafficked shopping area, or at a community center close by. While this might seem old school, it still can be a great way to give people in your area information about a property that they might want to move into.
Post A Video Tour
One of the best and easiest ways that you can market a vacant property that you want to get rented is to post the information online.
Along with a quality description of the property and what you’re looking for in a tenant, you should also consider including a video tour of the property. By having a video tour available, people will be able to get a better idea of what the property looks like before even having to set up a tour. This way, you can weed out a lot of potential tenants who may not actually be interested in the property after seeing it for themselves.
If you’re trying to get one of your vacant rental properties filled, consider using the tips mentioned above to help you market your property effectively.
Brian Carter is a popular business expert and keynote speaker with Fortune 500 clients like NBC, Microsoft and Humana as well as small businesses. He delivers motivational keynotes with practical takeaways with the comedic flair of his stand up comedy background. His agency, The Brian Carter Group, creates marketing that excites customers and increases brand visibility, sales and loyalty. Brian is a bestselling author you’ve probably seen on Bloomberg TV or in Inc, Entrepreneur, The Wall Street Journal or The New York Times. He has over 250,000 online fans and reaches over 3 million people per year.