Preparing to rent your property
We provide you with guidance on how to ready your property to compete in the ever-changing rental market. Our rental market surveys are based on real-time data to help us set a realistic rental rate based on your property’s condition, amenities, and the current market demand. We regularly communicate with renters and if their feedback indicates that maintenance or pricing is an issue, we communicate to you the need to make necessary adjustments to encourage applications and reduce vacancy time.
Setting the rent
Supply and demand determine, location, and conditions all play a role in establishing the actual rental value of your property. To avoid long vacancies, we recommend you price competitively and make adjustments according to the changing supply in the market. The goal is always to maximize the return on your investment, but that does not always mean charging the highest rents in the neighborhood. Contact our experienced agents and managers and we can advise you on recommended pricing of your property even before you list with us.
How long will the property be vacant?
Unfortunately, there is no way to predict how long a property will remain on the market, even in the best market conditions. There are months when demand is high and properties are rented even before they become available. There are other months when renters are less motivated to move. In all cases, we work diligently to rent your property as quickly as possible to qualified tenants.
We could almost guarantee zero days of vacancy if we did not have established standards for qualifying tenants. However, we know that bad tenants mean more expense and frustration in the long run.
How does tenant screening benefit me?
We look into an applicant’s rental history and credit worthiness to see if there are red flags that increase the probability of late payments, defaults, or non-compliance with leasing terms. Waiting for the right tenant is worth the additional time it may take to rent out your property. We stand by our strict screening guidelines by offering a No-Eviction Guarantee as a courtesy to all our property owners.
Still have questions?
Fill out our contact form or call us today at (619) 872-7368 to speak with a property manager. Our office is open Monday – Friday from 9am – 5pm. We look forward to discussing the details of your property management goals!