Presentation
Little things make the difference. When was the last time your property had a refresh? Keeping your property in tip-top shape could be the difference between renting quickly or staying on the market longer. There is plenty of stock available currently, so remember you have competition!
Furniture
Can you be flexible? Offering some furniture rather than totally unfurnished opens up your property to more tenants, not just a section of the market. So, increase your chances of an offer by being flexible.
Pricing
Tenants, more than ever are looking for value and quality. In a competitive market where there is more choice, your property not only needs to be in good condition, it needs to hit the right spot to get interest. Use an agent that keeps you up-to-date with what's happening in your local area, so you don't price yourself out of contention. It isn't a given that the rent you achieved last year will be the same again this time around.
Incentives
Lots of landlords are offering incentives, especially with Christmas around the corner. Using an incentive can mean you have a tenant in your property over the prolonged festive period, this will ensure it’s secure and that you don’t need to go around to check pipes and make sure everything is ok. Perhaps you could offer ‘Move-in before Christmas and receive 1 week rent-free’ or ‘a months free parking’?
Choose the Management Service
Tenants prefer to live in a managed property and are more likely to stay for longer. Tenants often ask ‘is the property managed?’ In addition, our statistics show managed tenancies achieve higher rents during the course of any renewal or extension.
Zero Deposit
Deposit Replacement schemes are becoming more common and an option that tenants are actively asking for when renting. All tenants must pass the usual referencing and affordability checks, so this is more about flexibility than affordability. With 5 weeks cover, access to TDS in the event of a dispute (just as you would with a traditional deposit) and fast claim pay outs, we have partnered with Zero Deposit, as we believe this is the best product in the marketplace. If you are not offering this as an option and other landlords are, you may be missing out!
Contact the team today to book a free valuation today and learn more about our unique marketing strategy for your property.
