TOP 5 REASONS TO HIRE A REALTOR TO HELP YOU FIND A TENANT! Recent polls show average rents are down 20%-25%, and vacancies are up. Way up. Many landlords who say they've never had to use a realtor in the past are signing with someone this season as competition is fierce for good tenants. It will cost you one month's rent, but here is why it's well worth it! 1. Time: Finding a tenant takes time, especially now. What is your time worth to you? Placing ads, taking calls, scheduling showings (and often 'no-show's), and following up w/prospects can fill up several hours across weeks and even months. If you break down the number of hours it will take, my guess is a realtor will work for less per hour than you will! 2. Web Exposure: Real estate companies have put in a lot of time and money to create polished, user-friendly websites to show up on search engines and attract people looking for apartments from around the country. Take advantage of this leverage! Some property owners create their own websites, which may receive little to no traffic. 3. 'Cross Pollination': When a company has many listings, often times a potential tenant will call on one apartment which either doesn't suit them or has already been rented. This creates a wider pool of possibilities to draw from, rather than waiting for calls on your particular property. 4. Relocation: Most real estate companies have international relocation departments. People looking to buy in a given area commonly will rent for a year while they get acclimated to the town. How else can you achieve global reach? 5. Application: Realtors generally have streamlined application processes already in place. They will check credit, speak with current and previous landlords, verify employment and check references. Let someone else do this tedious legwork. These are just some of the benefits. For more details call me!
