The most crucial thing for a landlord is that their home is occupied at all times. But there is more to consider before finalizing the tenancy agreement in place. It’s not always easy to find new tenants, let alone the right one.
You need to make the right efforts to find the best tenant since you can’t expect them to come around by accident. Before you start your search on finding the best tenant for your property, make sure that the home is in a good condition. This way, your real estate agent can find suitable guaranteed rent schemes for you so that you get paid on time each month.
Here are the top tips to help you find the right tenant for your rented property.
Market the Property Well
You need high-quality photos of your property especially if you are advertising on sites like Rightmove. Good photos can draw more tenants to your property. But before you take photos, make sure that the lighting is good and the space is clean and tidy.
The ad needs to be clear, concise, and accurate so that tenants can trust you when they come over for viewing the property. Also, try digital marketing strategies to reach out to more people in a short span.
Choose the Right Property Agent
When hiring a property agent, you need to make the right decisions to get your guaranteed rent for landlords. Make sure that they understand your interest to market and managing your property the right way.
Another thing to check is that they should be trustworthy and professional with their tasks. Make sure that they abide by professional standards with correct legal agreements.
Look Out for Your Competition
Finding new tenants every time the space is empty is not an easy task. To attract your desired tenant, make sure that your rent is competitive.
For you to get a suitable tenant, the rent should be realistic, reasonable, and reviewed regularly. To get an idea of the average rent, look for houses in your area. This way, you will get an idea of the level of rent that you might look to change.
Prepare the Home for Property Viewings
Good tenants know what they want from a property and will come to the viewing prepared to ask questions. You need to know the important features of your property so you can answer all their queries with transparency. They could ask for things like energy providers, bin collection dates, and much more.
You can create a checklist to make sure that nothing is left behind before the tenant’s visit. Make the property viewing experience better for the tenants by ensuring there is enough parking space for them.
Here are some simple steps to prepare your property for viewing:
- Clean your property to make it more appealing, especially the kitchen and bathrooms since these are the main areas of attraction.
- Get rid of the clutter beforehand to make the space look bigger.
- Try to make the exterior look as inviting as possible.
- Sort out any maintenance issues like leaking pipes.
- Improve the standard of furniture to attain a higher rent.
Seek Feedback
Make sure to always ask your current tenants for reviews and feedback. Since you might have not lived on the property so you might know what the problems are inside the home. There could be problems that they face daily that could be easily fixed.
Engage with your tenants and ask them to discuss the problems. Fixing these problems before you market your property can make a huge difference. It could help you attract the right tenant for your property.