Whether the market has gone soft and you can’t sell, or you are being transferred to another location, or you’ve realized the incredible wealth-building opportunities that renting a home can provide for your financial future, renting out your house can be a great way to hang on to your investment after you move into a new home. To become a landlord, you need to figure out how the home rental process works and how to advertise your house for rent so that at the end of the day you are left with the least amount of stress and best results.
The most important thing to consider in order to rent your property and fill the rental vacancy is to advertise your house to rent it properly. Nowadays, there are a number of websites on the internet where you can list and advertise your house for rent, and attract numerous prospective buyers – on your own. And why bother spending so much money in commissions of a real estate agent when you have the power of the internet on your fingertips.
Here are a few tips for you to advertise your property for rent:
Advertise your community
It’s important to advertise your house to rent, but the more important thing is to market your community. Many real estate experts believe that people are more attracted, not to the home, but the area it is surrounded by. For young people, the community could mean fun places to hang around such as malls and clubs. For families, a community could the schools and daycare centers for their children. For senior citizens, a community could be the parks where they can relax. So, marketing your community is as important as advertising your house for rent.
These days it’s common for tenants to get online to find their next rental. Technology can eliminate the need for a realtor. You can rent your property without an agent by listing it on minustheagent.com.au. By adding a good description of your property and adding a few appropriate images, you can advertise your house to rent in an efficient manner. In addition to this, you can also upload videos, a virtual tour, the floor plan, etc. of the property on the website so that the potential tenant can make a well-informed decision.
Use your online presence
Social media is a blessing if you are trying to get the word out of your rental property. Use your social media presence to share the listings of your rental property to your friends and family. Use Facebook, Instagram, and even Pinterest to focus on visual content to share photos of the property as well as the community. Use the real estate groups on Facebook to get the word out to a larger audience.
Get Old School
Yes, most potential tenants look for rental properties on the internet but that doesn’t mean sticking a ‘for rent’ sign in your front yard doesn’t work. Get traditional in your marketing methodologies. Get some flyers and brochures made with great creative copy and a fine description of your house with a few photos. Hand these flyers ad brochures to people in the community. Put out an advertisement in the local newspapers. It may cost a few bucks but it’ll be totally worth it.