Finding a property management company that cares about not only the property owner but also about the tenant is a rarity. Most property management companies are usually only concerned about how it benefits them and their property owner clients. However, satisfying the tenant is also beneficial to having a successful property management company. At Tenants Choice Property Management Denver, we strive to make sure that all of our tenants enjoy living at our properties and feel as if they are really at home with us. Without the tenants, it is not possible to generate income for either the property management group or the property owners themselves. Therefore, making sure that you take the time to seek out just the right tenants is essential to seeing your company thrive.
Advertising is Essential
Not many property management companies realize how important it is for them to advertise properly. Advertising a vacancy for your available property or properties is more than just place a “For Rent” sign in the front of the property. It is more than placing an simple advertisement in the local newspaper. Taking advantage of every possible avenue for advertising will help you both in the short term and in the future. Using the internet and social media is one way that you can reach thousands of possible new tenants. Having a website or a Facebook or Twitter page will allow potential tenants to find information on your company and the properties that are available for rent. In addition, pictures of properties can be posted so that potential tenants can see the properties before they contact you.
Finding the Perfect Tenant
Finding the perfect tenant to rent to may seem like an impossible fantasy. However, it is possible if you take the right steps. It is more than performing a background check or calling their previous landlords for references. Carefully interviewing a potential new tenant will give you a more in-depth idea of the type of person that they are. You will know if they are kind and trustworthy, so that you can feel safe to rent to them. In addition, knowing that you are renting to someone that you can trust will also mean that they will be able to refer other potential tenants to you that are just they like are. In addition, having a good tenant means that they are very likely to rent from you on a long-term basis rather than just a few short months.
Having a Trusting and Caring Staff
Knowing that you have hired a staff that is trustworthy and reliable is essential to having a tenant-focused property management company. For example, if your maintenance team takes care of repairs promptly, your tenants will not be hesitant to contact your property management company if they have a maintenance issue or if they are in need of an immediate repair. In addition, the rest of the management team should always be caring and friendly towards the tenants, even if the tenants do not act the same way towards them. Even if the staff is just collecting the rent payments, they should always ask the tenant how they are doing or if there is anything that they can do for them. Remember, a happy tenant is the key to having a successful property management company.