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Updated over 6 years ago,
Vacant Unit Showing Strategies
So this question is pretty straight forward. I'm curious what different strategies everyone uses for showing vacant units.
I'm trying to find a strategy that satisfies the below requirements
- Motivates potential tenants to apply and lease quickly (a weak pressure sale tactic?)
- Finds the best tenant possible while also abiding by fair housing laws
- Is fair to all tenants and leaves everyone feeling like they were fairly considered
Currently this is my strategy:
- List unit on a Wednesday
- Schedule everyone that calls to view the apartment for the coming Saturday or Sunday
- All scheduled viewings in 30 min blocks
- Notify the tenant when they schedule that it's on a first come first served basis so the earlier they get there the better
- If someone shows up to view the apartment and want to lease it, they fill out the paid application/background check there and provide other required material.
- If the tenant qualifies, they get an electronic lease immediately, pay the security deposit and I cancel the rest of the appointments
Process I'm considering trying
- List apartment on Wednesday
- Have all potential tenants show up at the same time for an open house style of viewing
- Have all interested tenants fill out a free application with income info and other basic questions
- Pick best from the list and send them a paid background check
- If tenant passes then send them a lease, if not, inform them and move on to the next best
Any input on these two strategies?
Any better strategies?