Property management companies believe that showing a rent-ready property will help you rent it out faster to a great tenant. Landlords may not have the time and resources to make their rentals rent-ready, therefore, hiring a property manager is ideal. You’re also likely to earn more rent when your home shows well. Today, we’re sharing five tips to get your rental property ready for the market.
Make Your Home Visually Appealing
Present a home you can be proud of. Visual appeal attracts good prospective tenants. Your property manager should do a condition assessment when the property is vacant. Pay attention to the details. It may be time to make some updates. For example, if you’re trying to market the property as a charming retro home, that’s not going to attract a quality tenant. If there’s an odor, get rid of it. Tenants today want a solid surface flooring instead of carpet for many reasons.
Make all of the changes that you can. The paint should be fresh and neutral. When today’s renter sees a lack of updates, it can be equated to a lack of care by the property owner or manager.
Complete all Maintenance and Repairs
Preventative property maintenance is a key aspect to maintaining a property. All of the make-ready repairs must be assigned to vendors and completed quickly. Follow up by your property manager is a key part to quick turnovers and getting your property ready to be on the market again.
Clean the Property Thoroughly
It’s important to present a property that’s sparkling clean. You’ll want to pay attention to the little things, like vacuuming out the heat and air vents in the floor. Many landlords overlook cleaning the blinds and windows, but that’s important too. The property must be free of trash or any property that was left behind by the previous tenants or owner. Make sure it’s rent-ready when you’re taking marketing photos.
Price the Property Correctly
Pricing is a critical part of getting your property ready for the market. You need a deep knowledge of the local rental market. Our experience and rent comparison software ensures we get the most competitive and profitable pricing.
Show Your Rental Property to Prospective Tenants
It would be our pleasure to serve as property manager for your Oklahoma City rental property. If you have any questions or need any help, please contact us at OKC Homes 4 You.