General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 1 year ago, 10/27/2023
Rental properties, how would you approach the listing and showing?
Calling attention for Landlord and Realtors, how would you approached the listing the rental properties? I have just finished rennovating my duplex in central New Jersey. And have listed for a week now, only have two showings. As I am anxious to rent them out and wanted to know why there is so limited showing. Below are some of my observations and I wanted to get your opinion, and how would you have handled this to attract more showings and speed up the process.
1) I tried to look up my rental property online ( my realtor listed this for), I am not able to find this property as an active rental on Zillow, trulia and apartment rental websites, I know it got listed on MLS. Does my agent put too much limit on where to advertise the rental property?
2) My agent has gotten approached by quite a number of potential tenants, but instead of showing them the property first. She sends application form and background check forms for them to fill out before they even get to see the property. Her rational is that she is not comfortable about showing the property without knowing much about the candidates.
The more I think about this approach, the more I think there is a mismatch here. Number 1 proberly limited potential quality tenants finding this active listing, number 2 deters potential good tenants because of the strict process in place before showing.
I started to wonder if this is a mis match of the project and the agent. She is a good residential agent and excels in buying and selling. But she was not extremely comfortable about taking on this rental project from the very beginning. A few things included not willing to use my contract template but realtor standard template, and told me she does not do much rental, and the time she spent on rental is just as much on buy & sell but much less commission. I also realzied she lives a little far from the rental property and possibly becasue of all of these reasons that she went with the approach 1 &2 as I mentioned above?
Look forward to hearing your perspective and feedback.