Finding a great property is only step one in a long and successful career as a real estate investor. Even the best deal in the world can fall flat if you fail to secure an excellent tenant - and fast.
That's why savvy landlords opt for a leasing only service to handle this part of property management. If you are considering the same, learn our top tips on finding the best realtor for your Dunedin, FL, property.
Find an Agent That Knows the Local Area
Shortlisting leasing companies in Dunedin who know the location can be a significant advantage. Knowing the local market offers insights such as:
- The current demand
- Pricing trends
- Economic factors like the local employment rate
- Up-and-coming neighborhoods
All of this can help you pitch your rental to the right audience and secure a tenant. Plus, with advice on aspects like your rental rate, you can ensure you are optimizing your income from every rental.
Choosing a Leasing Agent With Experience
You want a leasing agent with an established reputation in the industry who can bring knowledge and experience to your property marketing. It's always worth looking at any testimonials or reviews from other landlords.
Alternatively, get recommendations when you attend local networking events. A highly experienced agent will be organized, have streamlined processes, and be capable of getting fast results.
Marketing Know-How
You need a leasing agent with marketing knowledge, which means doing more than listing your property. Here are some skills to look for:
- In-person marketing, such as adding listings to local bulletin boards
- Social media marketing
- Promoting your listing on their real estate website
- Listing optimization, such as using targeted keywords
- Professional property photography
It's also worth looking at cutting-edge skills that can yield more viewings. For example, virtual tours are currently a popular way to promote rentals.
Tenant Screening
Securing a tenant for your property needs to happen quickly, but it must also be done right.
That means finding a high-quality tenant who pays on time and looks after your property. Look for a leasing agent who has a comprehensive screening process that includes things like:
- Criminal background checks
- Credit score checks
- Employment and income evidence
- Past landlord references
A comprehensive screening service will lower your risk of problems. That will save you money in the long run.
Understand the Terms
Always check the small print of a leasing service to ensure you are getting value for your money. Ask a potential leasing agent about their pricing model and whether there are any additional fees.
Communication Skills
Real estate is a people business, so you need a leasing agent with excellent communication skills. They must build relationships with prospective tenants and be persuasive enough to secure a resident for your property.
Choosing a Leasing Only Service in Dunedin, FL
A leasing only service can save you time and hassle and allow you to focus on other aspects of your property business, like new investments. But while the benefits of leasing only services are evident, you will only realize them if you pick the best company.
Start your search here. PMI Palms prides itself on excellent customer service and a commitment to profitability for our clients. Find out more about our property management in Dunedin, FL.
