10 Tips on How to Secure a Rental Property in the Busiest Time of the Year
Why is it in Qld, that most rental properties seem to come on the market in January and February?
Well, unfortunately it’s a fact, and this causes some stress for most prospective tenants looking for somewhere to rent.
So we have put together some handy hints and tools to give you to make your life a little more stressless during what can already be a harrowing time.
DO YOUR RESEARCH
Even in the slow time, you need to know how if a property represents value, but when they are flying out the door during the busiest times of the year, then you need to know the market. Research similar properties and their rents so you become familiar with your target market.
SIGN UP TO INTERNET PORTALS
By signing into the major internet portals, you can be alerted on new properties for rent when they come onto the market. This put you in front of the rest of the bunch who might be looking at similar properties.
REGISTER FOR THE INSPECTION
So many prospective tenants just take a chance and turn up to an advertised inspection, only to find that the Agent does not turn up or the property has been rented. Save yourself some time and trouble by registering online for the inspection. This way you will be notified by sms or email if a property is no longer available
ASK QUESTIONS UP FRONT
If you need to qualify a point or ask a question about the property, ask prior to getting to the inspection. Pets are usually the number 1 deal breaker, so best to get the answer right up front.
DO A DRIVE BY
Photos can be sometimes a little misleading. I recommend always doing a drive by of the property in the first instance prior to registering for an inspection. Can save a lot of heartache.
With so much tenants vying for rental property during the busy months, you need to be organised. If you think the property is for you, either apply online prior to the inspection remembering to include ALL of your required documents, so that the Agency has your application upfront.
PRESENT WELL AT THE PROPERTY INSPECTION
Believe it or not, but your first Rental Reference begins at the Property Inspection. Leasing consultants are usually asked to give an opinion of the prospective tenant applying for the property when an application is received. Present yourself in the best light.
Again, with a whole bunch of applications on the Property Managers desk, sometimes it can easily become a numbers game. By maintaining communication with the Property Manager, can often put you in top of mind awareness.
OFFER THE BEST TERMS
When you are up against other applicants, you have to put yourself in the shoes of the Lessor. If there are two applications presented to the Lessor for approval and you cannot set them apart excepting maybe lease terms, the usually the Lessor will go with the one who offers the longer lease terms.
SECURE THE PROPERTY QUICKLY
Once approved, ensure that you sign the lease early and pay the required amounts due. Until money is received and or a Lease is signed, the property is still available for rent.