If you have rental property you’re struggling to fill, a real estate agent can help. Finding the right tenants can be stressful, time-consuming and complicated, especially if you manage several properties. A real estate agent will take over most of the hard work and use their expertise to find the best possible fit for your property. Here are some key advantages of hiring a real estate agent to help fill your rental vacancy.
Real estate agents have the connections and knowledge to market your property. An agent can help with little details and best practices like taking the best photos, using the best keywords and more. Agents with active social media presences can market your listing online and reach a larger audience of potential tenants than just those browsing home search engines. Besides these advantages, real estate agents have access to a powerful network of buyers, sellers, contractors and other agents who could connect you with the perfect tenant.
One of the most time-consuming aspects of putting a property up for rent is scheduling and communicating with prospective tenants. If you manage multiple properties, this process can become far too much for just one person to handle. If you hire an agent to help you, they can handle all the back-and-forth communication by answering questions, scheduling showings or notifying potential tenants about listing updates. They can also be your representative on the front lines and show the property for you, all with their special expertise for finding the perfect fit.
Real estate agents know the local market and can help you adjust your rent and fees accordingly. If you’re struggling to fill a vacancy, an agent can do research and advise if you’re asking for too high a price for the area or overall worth of the property. They can look at factors like neighborhood, amenities, square footage, updates and upkeep and help you determine the best price to attract and keep the perfect tenant.
Real estate agents can save you time and potential legal fees by helping you draft a lease agreement. If you have never drafted a lease yourself and don’t want to pay a lawyer for one, ask your agent if they have a basic lease agreement you can use as a starting point. They will help you include all the basic clauses necessary in the lease like payment terms, duration, policies and more.
Real estate agents can provide a wealth of knowledge about the market. They can also handle the time-consuming aspects of leasing a property with their professional experience. Consider hiring a real estate agent to help you find your next tenants.
Selina Zhao is a tech savvy real estate agent who brings over the top-notch marketing strategies, presentation, and negotiation skills to her clients. Selina always stays on top of the real estate market trends and stats. She applies strategies into different market situation and empower her clients to achieve their ultimate goal. During the first year of her real estate career in the Bay Area, she achieved an impressive $22.8M in sales. Selina’s experience on real estate sales ensure her clients get the care and attention they need as they make the crucial decision of buying and selling properties. Selina is vowed to provide excellent service, communication, and always an advocate for her clients.
Selina loves real estate, her career blended in perfectly to her daily life, and she loves to help others to achieve their American dreams. She works restlessly to get the work done. Immigrated from mainland China in 2007, graduated from University of Miami, Selina established her own online marketing company and her real estate career in Miami, Florida before moving to San Francisco in 2017. Her soul of entrepreneurship and cares for others encouraging her to pursue to be the best in the industry. Selina is also a former Miami HEAT video producer, who witness the team winning their 2012 NBA championship at the courtside.