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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This entry was posted on Monday, April 23rd, 2007 and is filed under Finding Tenants, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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