Renting out your property can be a daunting process, but by partnering with RentSavvy, landlords can skip the stress and save valuable time. Here are the five crucial steps to effectively and efficiently rent your property:
The first step in renting out your property is creating an engaging and detailed listing to attract the right tenants. Highlight the need-to-knows in the title, curate your pictures carefully, describe the right details, and write in the second person. Addressing the reader as "you" will personalize and warm up the listing.
Once you've created an attractive listing, RentSavvy maximizes visibility by sharing and distributing your property information to a network of high-traffic rental sites, thus reaching a broader audience of potential tenants. By using these tools, RentSavvy amplifies your reach, ensuring that your property stands out in a crowded market.
Your listing is the first impression potential tenants have of your property. Make it count by focusing on the property's unique features, location, and amenities.
Once your listing is live, prospective tenants will reach out to schedule showings. This is an opportunity for them to see the property up close and for you to meet them face-to-face. Prepare your property for each showing – clean the spaces, ensure all systems are working correctly, and make any necessary improvements to enhance its appeal. Bonus tip: make sure your property smells clean and fresh, use pleasant smelling cleaning chemicals, air fresheners or even candles to impact prospective tenant's first impression.
To streamline the showing process, RentSavvy provides an intuitive scheduling tool that lets potential renters book appointments based on your availability, minimizing the back-and-forth communication often required to set a date. Moreover, in response to the increased demand for remote access, RentSavvy facilitates virtual tours, allowing tenants to explore the property from the comfort of their home. This feature is particularly advantageous for attracting out-of-town tenants. With RentSavvy at the helm, landlords can rest assured that their properties are showcased in the best light, whether in-person or through a screen.
After the showings, you'll likely have several interested parties. The next step is to screen these potential tenants. This process typically involves checking their credit history, verifying employment, and contacting previous landlords or references. It's important to ensure they're reliable, responsible, and financially capable of paying the rent on time.
RentSavvy simplifies the tenant screening process by offering landlords comprehensive, user-friendly tools. Their online platform allows you to easily request credit reports, criminal background checks, eviction history, and income verification directly from potential renters. This streamlined system provides you with timely and essential information, ensuring that you make informed decisions when selecting a tenant. Furthermore, RentSavvy ensures that all screenings are done in compliance with fair housing laws, providing landlords with both security and peace of mind. With these resources, you can confidently narrow down your prospective tenants to those who meet your criteria for tenancy, all within your digital dashboard on RentSavvy.
Once you've screened the candidates, it's time to select your tenant and get their signature on the lease agreement. This document outlines the terms of the rental, including the duration, rent amount, payment dates, and responsibilities of both parties.
Making the lease-signing process convenient and secure, RentSavvy offers digital lease signing capabilities to save time and reduce paperwork. This feature allows landlords and tenants to sign documents electronically, which is legally binding and compliant with e-signature laws. Additionally, RentSavvy's platform enables the secure upload and storage of important documents, including the signed lease, tenant identification, and proof of income, ensuring that all necessary paperwork is easily accessible online. This digital workflow for documentation simplifies the transaction for both parties.
With the lease signed, it's time to prepare for move-in day. This involves providing the tenant with the necessary paperwork and keys to the property. It's also a good idea to walk them through the property one last time, noting any pre-existing damage to ensure there's no confusion or disputes at the end of the lease.
Renting your property can be a seamless process when you follow these steps and maintain effective and transparent communication with prospective tenants. RentSavvy's user-friendly platform and comprehensive tools make it easier than ever to manage your rental property. Set up a consultation today with one of their experts. Happy renting!
