Boost rental viewings with Confused.com
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Landlords can Boost Rental Viewings with these Confused.com Tips
You can't let a property without getting viewings - here are
some tips on attracting tenants
Is your rental property sitting empty whilst your buy-to-let
mortgage is costing you cash? Have you tried and failed to get
tenants into the property? If so, it's time to rethink how to
get potential punters across the threshold.
Here's Confused.com's guide to boosting rental viewings.
Identify your property's USP
If you want to make your property stand out from the crowd you'll
need to find its USP. Scouring the competition is one way to
help identify it. What are other rental properties in your area
lacking? Sky TV? A tumble dryer? Power shower? Broadband access?
Set your property apart from the rest and shout about its defining
feature from the rooftops - or at least from an estate agent's
window.
It's also worthwhile finding out what rental properties are
offering that you aren't - you don't want to get left behind.
If it costs a bit to add some extra features, it could be worth
it in the long run. If you're stumped for cash, you may want
to consider a loan
to help pay for any upgrades.
Letting Agents
Find out who your best local letting agent is and then get them
to market the property. Find an agent that has a good website
to increase the property's visibility. A good agent will also
have plenty of tips on what you can do to make the place more
rentable.
Alternatively, advertise the property online yourself. The DIY
route will save you money on letting fees and you won't be restricted
to how many property websites you can list with.
Advertise your property
If you follow the DIY route, you'll need a great advert and
photos to best show off your home.
For the advert, use positive descriptive language to outline
the features and benefits of your property. Words like attractive,
spacious, immaculate and must-see will create the right impression.
But only use them if they are true.
Make an effort to really sell the property in the ad, e.g. if
you've got a box room that's big enough for a single bed, stick
a bed in it and call it a bedroom - suddenly your one-bed flat
is a two-bed flat, which is much more attractive.
For the photos, show the property in its best light by taking
pictures on a sunny day. Also, don't snap that big crack running
down the wall, identify some of the features and photograph
them instead. Alternatively, fix that crack and then snap away
to your heart's content!
If you're already advertising online, it's clearly not working
so go back and spruce up that advert using the above tips.
And don't forget, you can also go 'old skool' by advertising
on local notice boards and in local newspapers to further increase
awareness of your 'property for rent'.
Kerb appeal
How does your property look from the outside? Estate agents
call this "kerb appeal".
First impressions count, so don't deter prospective tenants
by presenting them with piles of rubbish, flaky paintwork or
overgrown hedges or grass - if you do, they may not get as far
as the doorbell.
Sort out the garden, clear away unsightly mess, and give exterior
walls and windowsills a fresh lick of paint. While you're at
it, check that what's visible through the windows is equally
appealing.
Maximise use of rooms
Rework the space and make the best use of furniture and lighting
to get maximum impact from your property. Check out home makeover
shows on TV, or print/online home improvement magazines for
tips on how to achieve this. Above all, de-clutter your home
and make sure it's immaculately presented at all times (just
in case there's a short-notice viewing).
Once you have some viewings lined up, let them look around on
their own. If any unsuccessful viewings are done through an
agent, ask for feedback afterwards so you can work out what
needs to be improved.
Apply for a grant to improve your home
Make your property more attractive by ensuring it's warm and
energy-efficient. Grants are available to help with the cost
of installing energy-saving heating and insulation.
The Government's Energy Saving Trust (EST) lists most of these
grants on its website.
This can help tenants make savings on their household
utilities too.
Remortgage
Finally, why not see if you can better your existing buy-to-let
mortgage by searching online for a cheaper mortgage
deal. Finding a cheaper deal could maximise profit when renting
and minimise loss while the property's vacant.
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