Dear Scott,
If you just purchased a
rental property, had a tenant move out, or are thinking of converting your
vacation home into an annual rental, you're probably wondering what your
chances are of getting your property rented quickly. You'll be glad to know that now is
the best time to get your property on the market.
More people rent annually
during the first half of the year than the second half. There are a variety
of reasons for this:
One of the slowest
months for annual rentals is August, in fact Rentals.com
reports that there is a two-thirds drop in online traffic during that month,
owing to the reasons listed above, and last-minute vacations. So if you're even marginally
thinking about getting your rental home on the market, do it sooner rather
than later.
Higher
Demand
And if you need another good
reason to get your feet wet in the rental market, you need to know that this is more than just a great
season for rentals. It's a great year. There is greater
demand for rentals, so you'll get a quality renter quicker and be able to
command higher rent rates, which translates into more money in your pocket.
So now that you're seriously
thinking about joining the scores of other homeowners who are cashing in on
their rental homes, seriously consider
calling us at Sarasota Management and Leasing. All the homes,
townhomes and condos we manage for our clients have the shortest amount of days on the
market because we are aggressive and highly-effective in our marketing and
leasing practices. We know our market inside and out, and we know how to find
the best and most responsible renters for your property.
What's more, we know how to handle challenging
renter issues. We have clear policies and procedures that we
follow to protect you and your property. We also know how to effectively and tactfully handle
many situations with the goal of keeping valuable renters in your property,
so that you have as much ongoing rental income as possible.
Get
Your Feet Wet
It's truly a landlord's
market right now, so hike up your jeans and wade into the rental market. If you use Sarasota Management and
Leasing as your partner, you'll be really glad you did.
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Friday, May 25, 2012
The Best Time to Get Your Property on the Market
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