March 2017

Have you put your property up for rent but no one’s biting? Maybe you got a late start and are finally ready to make your home rentable. Even though the Florida summer season is upon us, you should still be preparing your home for renters. Whether you have a condo, a waterfront home, or a beach house, chances are you could be making a little extra money in that off-season down time. Read below to find out why your rental home is not budging and how to make it happen.

Poor Advertising

This is a no brainer but is often overlooked when it comes to renting your property. You may have put an ad on a local website or in the local newspaper at one time or another, but a constant update is more likely to get you leads than just a one-time ad. Visibility is everything these days, and 90% of renter’s find their homes on the internet. Local agents have the skills to list you in the appropriate section or category to get you the renter you need. Oftentimes, we assume that placing an ad in the FOR RENT section of the newspaper is going to put us right in front of the person that happens to be looking for your home. That isn’t always the case, so is it imperative to the value of your home to give these ads over to a professional that know the logistics of property rentals.

Pricing Too High

If you’re finding that you’re not getting any offers, then maybe it’s time to adjust the price of your rental. Depending on the season and the geographical location of the rental home, you will want to ask your local rental expert for advice on how to plan accordingly. While it may be time that the snow birds head north for the summer, it’s important to get a rental agency that knows the market so you can pick a decent price, albeit in or out of season. Choose a fair price that you all can agree on while balancing decent renters and making the money you need.

Poor Representation of Your Rental Property

Minor issues that can easily be fixed are usually the cause of why most rental units remain vacant. Easily resolved cosmetic issues such as grout cleaning, cracking flooring, and torn curtains are red flags to potential tenants and they may reject any further process of going forward. Don’t let your property fall victim of this situation. Show your tenants you care for all minor and major cosmetics in and around the home, from weeding the garden to swiping the gutters.

Agent Isn’t Doing Their Job

Lastly, if you have a rental agent that is looking out for your best interest, they are going to be sure that none of the above is happening to prevent you from renting your home. Get connected with agents who know the market, will return your every call right away, won’t turn away renters who may be a potential fit, and will give you the most for what you’re asking.

Are you ready to put the keys to your rental into the hands of an agency that cares? The Rental Experts are here to handle the job. We will get you in the face of solid tenants and build a lasting relationship with you and your tenants. Call us today for more information!