As a Los Angeles Property Manager, one of the major responsibilities is to find new tenants and have as minimum vacancies as possible. Having a low budget can make this a challenging process, with a bit of persistence and out of the box thinking, this is all that you need to make it work.
Los Angeles Property Management companies know that today, social media offers quick, cheap and is the most efficient way to reach a large number of new tenants and build strong relationships with current ones. It’s important to keep the community interest in your area by posting frequent updates and videos on your social media networks. Sites like LinkedIn can help you connect with other professionals who can send a referral your way. Los Angeles Property Management companies say it’s a good idea to run a contest or quiz on your website with a small prize in mind.
Los Angeles Property Management Tip On Listing Sites
Los Angeles Property Management companies say since most start their search for a rental home online, due make sure to take maximum use of free online listing sites like Craigslist, Zillow and Trulia to help market your property. Los Angeles Property Management companies say to use eye catching copy and high quality exterior and interior pictures to persuade an interest for people to come in for a viewing. If your property is unique like eco friendly design or proximity to good schools, be sure to highlight those features.
Los Angeles Property Management companies state to reach out to your existing tenants and feel free to let them know there’s a vacancy available.
Offering an incentive in the form of a discount or a $50 restaurant gift card if their friend signs a lease make things a bit more interesting.
Los Angeles Property Management companies encourage current tenants to write a review or testimonial for your Los Angeles Property Management company.
Los Angeles Property Management companies recommend to get your name out there in the community. Writing informative articles for your local newspapers can help. Write a blog post about new trends that are happening in your community. You could position yourself as an expert in rental Property Management by offering free workshops or seminars on topics that can help renters.
Los Angeles Property Management companies share that you don’t necessarily have to do all these activities to find new tenants. All you have to do is pick one that will work for you and focus on refining it with the current market conditions to benefit your business.
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