How to make a property unique?
Property markets are fickle beings. They’re unpredictable and changeable. But regardless of where they go, the real estate world has to keep going.
Sometimes when there are too many properties available, landlords may want to look for ways to help their property stand out from the rest so they can attract good tenants fast.
Here are some ways to make your rental property more attractive
If you want to attract tenants to your property, here are some things you can do to make your property stand out from the rest.
Cleaning
Keep a property clean to the highest possible standard and you will get great results, even if this means paying a professional to do so. A tidy house always impresses prospective tenants so having someone clean it professionally is worth every penny spent. Getting rid of any dust or dirt will help to freshen up the space and show guests how much work you’ve put into keeping things neat and tidy. Hiring a professional cleaner also means that you won’t have to worry about tidying up yourself afterwards and spending hours doing it.
Looking after the property
Tenant management is one of the key aspects of running a successful rental business. When a landlord neglects their properties they not only risk losing out on potential income but also damage their reputation. Landlords should make sure that any issues are dealt with quickly and efficiently so that they do not affect future tenancy agreements. Repainting and repairing worn or damaged items helps to improve the appearance of a building and keeps it in great condition.
Taking good pictures
Presentation is important and having the property as clutter-free as possible and as bright as possible will help ensure that the photographs are captured in the best light. Taking professional photographs is always recommended so that every room and space is represented as well as it can possibly be for advertising purposes and to attract tenants.
Selling the Tenancy
Take each viewing as an opportunity to sell the property to the prospective tenant. Show them every feature of the accommodation, including any special offers you may be able to provide. Don’t just talk about the property; get to know the local area too, so you can use that knowledge to create a better impression than if you were simply talking about the property. Preparation is key, and having a good understanding of the area helps deliver a better service.
Replacing broken items
It’s inevitable that some things in your house will break down from normal wear and tear. When something breaks, replace it. Sometimes fixing it may be expensive and not always guaranteed to keep working after repairs.
Quality Heating
About one-quarter of the homes in Edinburgh are rental properties, and four out of every five houses have gas heating systems. If there is ever any chance to improve your heating system, why not think about upgrading to gas? It is considered to be more efficient and generally viewed more positively by potential renters. If you don’t have access to gas, then invest in high-quality electric heaters that are also appealing to potential tenants.
Inspections
It’s important to keep up regular inspections but also once a tenancy starts, you need to respect the rights of the tenants to be able to live there without disturbance. You should always check to see if they’re happy living there but also you must check to see if your property is in good order. It is advisable to inspect after three months, then do so on an interim basis thereafter, only if necessary. It lets you keep track of the cleanliness and upkeep of your property so you know when something needs to be done but it also allows you to build a good rapport and relationship with your tenants.
Saving money for emergencies
It’s always a good idea to set aside some of your earnings to ensure you have enough money to deal with any unexpected situations. It lets you respond quickly when needed to stop further damage from occurring.
Using a qualified letting agent
You want a letting agent that can provide a bespoke service, tailored to your needs, one that treats your property as if it were their own. They can help you achieve whatever goals you set for yourself, and ensure that the properties are well maintained and look after them by building relationships with their residents.
Once you have a tenant in…
You’re being proactive when you take these steps. It’s not just going to happen; you need to put some effort into it. Your tenants will appreciate you for taking action.
If you maintain your rental properties well, your tenants will respect you and your properties and keep them as perfect as they possibly could.
Your tenants’ satisfaction is just as important as any other aspect of maintaining your property.
