It’s that time of year again. The kids are back in school, and summer is coming to an end. It’s also nearing the end of the prime rental season. If you have a vacancies that you need to fill now is the time to pull out all the stops. It will become increasingly difficult from now until the end of the year to find renters for your vacant properties. Even with lower than normal vacancy rates, renting properties in the winter, especially during the holiday season is the toughest time of the year.
Here are a few tips to help you get your properties rented during the slower season:
- Get your price right. It’s not worth a month of vacancy to get an extra $100 per month.
- Do a thorough cleaning inside and out.
- Fix any maintenance issues.
- Put on a fresh coat of paint.
- Take lots of pictures now while the grass is green, the trees are full, and the sun is out.
In addition to the above tips, be prepared to get aggressive on pricing and move-in specials. Taking action now could be the difference between a very peaceful winter, and a very stressful one.
