Does your rental property remain unrented for too long? Is the rent collection process taking up too much of your time? If yes, then it’s time that you changed things around. Let the reliable and efficient Property Management experts help you rent out your property faster in Sittingbourne. Make certain that you take your time to look for the best tenant for your Sittingbourne property. It may feel like a huge amount of pressure, but letting agents Sittingbourne would say that one of their biggest sources of stress comes from having to browse through the numerous applications. Read on to know important tips to get your property rented faster.
Decor – Be creative with your property’s décor to quickly entice tenants. Be mindful that most tenants wanting to rent a house will want to put their own stamp on it as much as possible, something they won’t be able to accomplish if your red and green patterned wallpaper and contrasting purple sofas are still on the premises. The best option according to estate agents in Sittingbourne is to keep the décor and furniture as neutral as possible, as this will appeal to a wider audience. Remember, too, that you can utilise decor to target the type of tenant you want; looking for a professional pair in your city centre flat? Then chrome and leather sofas in a minimalist style are your best bet. If you want to appeal to an older demographic with a garden flat in a quiet development, consider using darker wood furniture and paisley carpeting everywhere.
Clutter – similar to tip 1, your tenants must be able to see how they would fill the property with their own possessions when they move in. Your stuff at the property won’t help tenants visualise the space during a showing, and if they’re informed it has to stay, they’ll be hesitant to make an offer. As a result, you must remove personal possessions and keep the items provided to a minimum. Tenants do not expect kitchen utensils or cushions when they move into a house; aside from the fact that these items are easily destroyed or misplaced, they do not make the tenant feel like they are moving into their own home, but rather like they are temporarily borrowing yours. Keep the property clean and clutter-free, and you’ll get more offers in no time.
Price – this one is self-evident, but if you advertise the suitable rental price from the start, the home will rent much faster. During a market appraisal of the property, make sure you chat with a qualified letting agent for their opinions and conduct your research online for similar property prices in the same area. Examine how long identical properties have been advertised as “to-let” on the internet; if they are still available, they are likely overpriced. Also, if it’s a flat in a new or large development, are you one of the first landlords to rent out the units? In that building, how many other flats are available? New projects can create their own sub-markets,where buy-to-let landlords compete to sell their properties as quickly as possible, resulting in bidding wars. If there are five properties available for rent in the same complex, the one with the lowest price will most likely be the first to be rented, even if they are all of the similar quality.
Remember that you can always raise the rate after the set period has ended, so if you need to cut the rent to get the home rented faster, you may do it after the first 6 or 12 months. Always follow your letting agent’s advice; the number of landlords who ignore their agent’s counsel and overprice their properties is a folly. A professional agent will not pander to you and will inform you if they believe you have set the rent too high; remember, they are more knowledgeable about their market than you are.
Get some professional images taken — make sure the shots of the spaces you wish to show off are clear and bright. Applicants who can’t get a sense of the property in the first place are unlikely to contact you for viewing. The majority of letting agents will teach their workers to take nice images of the exterior and interior rooms and publish numerous on their website and other portals. CGT Lettings employees receive monthly training from photographers on the finest perspectives to shoot a room. If you’re unhappy with your property’s images, ask your agent to take fresh ones or switch agents!
Consider permitting pets – this is a bit of a ‘out there’ suggestion, but most available rental properties will have a ‘no-pets’ policy. Despite the fact that there are 65 million pet owners in the UK, according to a recent Homelet poll, 47 per cent of landlords would not accept a tenant with dogs. You are more likely to attract potential tenants from this expanding market who may have been turned down for rented properties in the past if you explain that pets are welcome if your tenant signs a pet clause and you take a slightly higher deposit or agree on a clause such as the property must be professionally cleaned when the tenants vacate.