For Rent By Owner Tips
In some cases, property owners think that the best idea may be to rent their home themselves. This is usually not a good option. Saving money on property management fees can cost you a fortune in lost time and lost money for your home. However, here are just a few things for you to consider, that we routinely do for our property owners::
It May Not Be As Easy As You Think For You To Lease Your Own Property
- You will need an expert monthly rental price evaluation, so your income property will rent quickly without under-pricing.
- You will need to network with other Realtors who have prospective renters who may be interested in renting your property.
- You will need a local advertising campaign including the creation of print and Internet advertising.
- You will need proper signage to promote your property.
- You will need someone to coordinate showings and other appointments.
- You will need someone to conduct, and drive traffic to, your house.
- You will need an experienced negotiator who knows what is reasonable and what is not.
- You will need an expert who understands the necessity of conducting detailed background checks to include: credit; past rental history; criminal; income
These are just a few items to consider when thinking about leasing your home yourself. At the end of the day, it just isn't worth it. Contact one of our property managers today and we can help you rent your property, for the most possible money, in the shortest possible time and with the least amount of aggravation to you and your family.
Property Owners Real Estate Quick Info Request
Are you thinking about renting your El Paso or Horizon property? We can help. Please fill out our quick Property Owner request form and tell us about your property. There is no obligation and your information will be used exclusively to provide you with superior real estate services and information.