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Updated almost 2 years ago on . Most recent reply

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Yogesh M sayanakar
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What are the best marketing platforms for self managed LTR

Posted

Hi, I’m closing on a property in a few weeks, I have tried Facebook marketplace and groups with no luck in getting any qualified tenant requests. Apparently Zillow won’t let me post since the closing is still pending. Any other ways you recommend to market the property?

thanks,

Yogesh 

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Yogesh M sayanakar:

1. You can't sell something you don't own. How are you going to show it to prospective renters? 

2. It's a couple weeks away. Most renters are looking for something they can occupy within 1-2 weeks.

I don't recommend marketing a property until you own it or  a couple days before closing. This allows you to set up showings right after closing.

The most popular marketing really is market dependent. In some markets a site like apartments.com is most popular, while others get a lot of activity from Zillow or Hotpads.

My recommendation is to try and find out which sites have the most activity in your market, then try to advertise on several of them to maximize exposure. I get most of my hits from Zillow and Zumper. I get a lot of activity on facebook marketplace, but the majority of them are unqualified tire-kickers that waste my time. Craigslist is a cesspool of fraud and I haven't marketed on there for nearly ten years.

  • Nathan Gesner
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