REDUCING VACANCIES
9 days ago
REDUCING VACANCIES

REDUCING VACANCIES

 

We understand that when a tenant gives notice, it can be a stressful time for some property investors, who rely on regular rental payments to meet mortgage commitments.

 

Our focus is to rent the property to the best possible tenant in the quickest possible time, at the highest possible rent.

 

Below are some tips on how we can work together to reduce extended vacancy periods and lost income:

 

  • Advertise and market the property as soon as the tenant gives notice.

  • Ensure all property photos, the wording description, features, and benefits of the property displayed on the Internet stand out over other properties.

  • Consider including video tours and floor plans in the listing.

  • Ensure the property is well-maintained and clean, with great street appeal to attract quality tenants, which may require some property upgrades in between tenancies.

  • Price the weekly rent correctly to ensure it aligns with the market rent of similar properties. 

  • In quiet times, when tenant demand is low, consider offering incentives to attract more interest. 

  • Listen to the feedback from tenants following a viewing.

  • Offer value-added features such as appliances, Internet, solar, or the inclusion of pool or garden care (where applicable).  

 

Please be assured that when your property becomes vacant, we will keep you informed.

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