How do realtors find tenants?

I had a great conversation with a landlord yesterday.  He had a condo for rent North East of Philadelphia and wanted some information about advertising his rental.  After we spoke for a while about the features and benefits of listing his property, he told me that he looked into hiring a realtor to find tenants, but did not want to pay a whole month’s rent as a fee.  He questioned me as to how a realtor goes about finding tenants.

Well, it’s not like a realtor typically has a list of available tenants.  They run ads in newspapers, and on web sites that will likely attract tenants looking in that area.  Perhaps they even put a sign on your lawn.  But, with nearly 70% of renters searching for properties online today, it is easy for a landlord to use a search engine to find a few sites that will provide the best results.  These are the same sites that realtors will be using too!Create a budget that will allow you to list your property on a few good websites.

  • Use search engines to find the top sites for your area
  • Check various combinations like Phoenixville apartments, Phoenixville home rentals, rentals in Phoenixville.  Look for sites that appear frequently.
  • Make sure you have a good feel for where your property will be listed on a site.  If a renter has to page through dozens of pages or listings to find your rental, odds are it may not get seen as often.
  • List your property on these sites (be sure to include photos of your rental).
  • Sites that let you list for free are a good as a supplement to paid listings on quality sites.

 

 

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