Top 4 Tips For Avoiding Vacancies in Your Sea Isle City Rentals - Wednesday, January 17th 2024 at 5:34 am
Having empty Sea Isle City homes for rent for a long time might be one the things that keeps you up at night as a landlord. That needs to stop. And there are things you can do about it. First, make sure you work with a good Sea Isle City real estate company. They can help you market your property so that tenants will be lining up. Here are some other things you can do if you are worrying about vacancy periods.
These great tips will help rid your vacancy worries for your Sea Isle City, New Jersey rental property.
1. Know the reason why tenants rent and don’t come back.
Before you think about getting a new tenant to fill the recently empty home, take time to analyze why the current tenants didn’t re-rent. If your renters are happy and satisfied, there wouldn’t be any reason not to come back unless they need a larger place or want to get closer to the beach or bay..
Find out why tenants stay and find out why they go. Don’t worry about hearing negative feedback or criticism. Hearing and acting on it might just save you from all those long vacancy periods.
2. Revisit your pricing
No need to raise your eyebrows. It’s a suggestion worth hearing I assure you. Price is one of the biggest motivations tenants have when choosing rentals. They are willing to pay as long as it’s within their budget and they know that the home is worth it. So think of those two things.
Some of the questions you may ask are: Is my rent priced too high compared with other properties in the neighborhood? Is my pricing appropriate for the tenants I am targeting?
Whenever you think about price, always have an open mind about slightly lowering the price if it is really needed. Remember that having the fringe weeks occupied is important so price them competitively.
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3. Make it pleasing to the eyes
It’s what they see that tenants will remember. So if you have them over for viewing, make sure there’s no eyesores anywhere. This does not just mean having dirt and clutter all around. Unfixed faucets, broken windows, and other minor details can easily turn them off. The impression they’ll get is that the property is not well maintained and some problems might come up soon.
Moreover, how you take care of your property and how you present it to tenants also says a lot about you as a landlord. You wouldn’t want to scare them off, that’s for sure.
4. Make it visible to many
The internet - that’s your biggest tool right now. Having many people view your property both online and offline ensures you of higher chances of having someone rent it out sooner. Work with one of the top real estate offices in Sea Isle City. Marketing, advertising, and tenant screening will be handled for you.
No more sleepless nights because of a vacant property. Working with a good Sea Isle City rental agent we free you up to do the things that you want to do. The Landis Co., Realtors has a proven track record of bringing you the most money and protecting your investment.
