9 min read
How to Get Property Management Clients (Lead Gen Methods)
With such a competitive and fast-paced real estate market, especially rental markets, knowing how to get property management clients is crucial for starting and...
In this article, you’ll find:
Filling your rental properties fast enables you to have consistent cash in the bank and better peace of mind as a landlord. However, sometimes the market might seem slim, or for various other reasons, filling vacancies feels slow.
Online marketing helps streamline the rental process as most renters search online for rental properties, but it’s the most effective when you have a great rental description, capturing photos, and even a video tour.
Marketing. Applications. Leases. Payments.
Marketing. Applications. Leases. Payments.
Enhancing your rental property listing within these areas will help fill your vacancies quickly even in a slow period. Keep reading for a complete rental listing guide so the leads can start flowing in for your rentals:
The most important parts about a property description are the details. You want to provide enough detailed information that renters will find it easy and trustworthy so they will apply – however, you don’t want your property description to feel like work reading it. Depending on where you live, the type of renter pool might determine how you write and what you include in your description.
For example, if your rental property is in a college town, it’s most likely your renter pool will include lots of students or people who work for the university – consider what features of your rental property are most attractive to the type of renter who might apply and write accordingly. Remember to always double-check your grammar and spelling to maintain professionalism so you don’t discourage people from applying for your property.
You can also include an enticing headline to draw renters in using active descriptions like, “Check out this beautiful family-friendly townhouse available for rent.” Things to include in your property description are the following:
Whether you are a new landlord or a seasoned investor, calculating your return on a potential real estate investment is a necessity, we’ve got a free tool that will give you all the data you need to decide if a property is right for you.
When it comes to online rental marketing – it’s all about the visuals. You can be as detailed as you want in your property description, but it’s even more important to have high-quality and eye-catching photos. One of the reasons online rental marketing is so successful is that renters don’t have to physically go to your property to see it, photos provide the context and let them know if it is exactly what they are looking for. If you can’t get professional photos taken, your smartphone will take high-quality photos that are easy to edit and upload as well. Read this guide for quick tips on real estate photography, and here are a few other things to keep in mind when you are taking photos:
Here is a full guide on how to create a video tour of your rental property – as contactless renting is becoming more popular, creating a video tour to include in your online rental marketing will further set your property apart and will help keep your listing competitive in the crowded market. Don’t worry – it doesn’t have to be anything fancy, you can take a video right from your phone.
Most online real estate listing sites are easy to use, but the easiest and best option is to syndicate your property listing to multiple sites at a time. Syndicating will make sure your property listing is getting to all of the most important rental sites while saving you time as you only have to do it once. Learn how to market and syndicate your properties here. Don’t forget about using other sources like Facebook Marketplace, Craigslist, and other social media sites – sharing your listing on social networks will allow others to share it and increase reach to then increase applicants and, of course, fill your vacancy.
While creating your property listing and your property description won’t take a ton of your time, there are some general things you’ll want to do before listing your property. Sometimes your property might fill fast and renters will want to move in ASAP – for this reason, your rental should be move-in ready as soon as you begin marketing. Here are the things you need to do before you list:
Once you nail your rental property description, online marketing is one of the most efficient and simple steps of the rental process that will lead you to the right tenants. Don’t forget to always protect yourself and your property by doing thorough tenant screening for new renters.
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