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Updated about 1 year ago on . Most recent reply

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Dan Johnson
  • Rental Property Investor
  • Hot Springs, AR
23
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Open house for LTR

Dan Johnson
  • Rental Property Investor
  • Hot Springs, AR
Posted

Can I hold an open house for a long term rental? I know you can hold an open house when selling a house. Just wondering if there's any rules against having an open house for a long term rental property in order to find a tenant.

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,288
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Dan Johnson:

Can I hold an open house for a long term rental? I know you can hold an open house when selling a house. Just wondering if there's any rules against having an open house for a long term rental property in order to find a tenant.


 There are no laws against it, and it can be an effective technique in the right situation. Advertise that you are holding an open house on a specific date and time. Anyone interested can view the home, ask questions, and get the application instructions. 

This is an excellent technique if you don't have time to run back and forth for multiple showings. There is the added benefit of urgency. When people show up for an open house, and they see other people touring the home, it can create a sense of urgency to apply.

  • Nathan Gesner
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