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It has been 2 months of newspaper advertising and I still can't rent out my house. I already lowered my price twice. Any way to get more potential renters to see it?

2007-02-23 15:24:31 · 10 answers · asked by Wait a Minute 4 in Business & Finance Renting & Real Estate

10 answers

We rent dozens of units every month. We do two things: 1) we put our rental listings on realtor.com, forrent.com and rent.com and 2) we mail to the 100 homes around the rental. We found that newspaper advertising did little to rent our properties, but by notifiying the neighbors and giving big exposure, we keep or vacancies very low. The idea of seller financing (Lease Option) is an attractive one if you want to sell the property, but if you want to keep it and rent it, forget the paper. Use the internet and either mail to , call or knock on the doors of neighbors. They're the best ones to know who might want to move into the neighborhood.

2007-02-26 11:26:38 · answer #1 · answered by Anonymous · 0 0

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2016-07-19 14:02:19 · answer #2 · answered by Maria 3 · 0 0

Why scents may not make cents when trying to market your home.

For many home sellers who believe the TV commercials that claim chemical sprays “sanitize” the air, plug-ins “freshen” the air and Fragrance emitting devices actually clean the air, well…this may not be good news.

The savvy home buyer has added chemical fragrances to their list of what they don’t want to smell when they are looking to buy a home. These chemical fragrances are now listed right next to mold, cigarette smoke odor and animal urine by many home buyers.

Home buyers today are more educated than ever. Even inexperienced first time home buyers understand that fragrances do not clean the air, they contaminate it and more often than not make people very sick. They have kids with asthma and allergies. They themselves might suffer from migraines, anaphylaxis or fragrance sensitivity.

Home buyers know that clean should not have a smell. So, while the location, square footage and price of your home might be perfect for your would be buyer, the smell of your home just might be the deciding factor on why an offer was not written up.

What does your house smell like?

Once plug in style fragrance emitting devices are used in a home, the oil / fragrance permeates the sheetrock as well as flooring. Similar goes for the fragranced dryer sheets in the laundry room. These chemical odors then circulate in the air vent system and will never come out, no matter what you do.

With the growing population of people suffering with fragrance sensitivity, Asthma and allergies, house hunting can often prove to be quite a challenge.

If you are in the market to sell your home, increase your odds of getting top dollar and more offers by discontinuing the use of fragranced products. Open your windows and let the fresh air in. Clean with non-fragranced products. . Your house will then be marketable to all potential buyers... even those with health issues.

After all, you do want your home to take a buyers breath away... but not literally.

2007-02-24 12:09:16 · answer #3 · answered by Smart Nurse 5 · 0 0

Rent To Own Homes - http://RentToOwnHome.uzaev.com/?jDyw

2016-07-12 11:19:12 · answer #4 · answered by Homer 3 · 0 0

i think you need to investigate what could happen if you put it up for section 8 housing. you may not be the right sort of person to handle the headaches of it, or the structural requirements.

do you want to offer it for rent with an option to buy? that will attract renters like flies to ...

this is the way it works: first of all, know the rental value of the house. i do not think that you know it, else, it would have been rented because a lot of people would much rather take a house than an apartment.

second, ensure that all structural elements and creature comfort things work (for example, the hot water comes on quickly and has enough pressure for a woman with long hair to throughly rinse her hair in the shower).

third, you want it to be as clean as a whistle and if it is close to what the public views as disturbances, but most are not, not really, such as railroad tracks, factories, or schools, know that it will have a base rental value less than a similar house without what they say are annoyances.

okay. the rent with the option to buy thingie: you know the correct rental value because you investigate what apartments the size of your house rent out for.

you advertise "rent with option to buy."

let's say that the base rental is worth $2,000/month. you tell your prospective tenants that you will put some other additional amount of money, over and above $2,000 each month, into a reserve (escrow) account which you cannot touch. it is saved so that they can pay a down payment in x number of years.

if you know the market value of your house, you sort of know how much they have to save in the escrow to buy your house, with say, 5 or 10% down.

you definitely run a credit report on them (they pay you for that) and find out how long they have been on the job, their income, and their general expenses. talk it over with them like a buddy, or else tell them to talk to your mortgage banker. this way you get an idea of what their qualifications are to buy, in the future, so that you can give them a long enough time span to save the down payment.

you call your real estate attorney to get the lease form with the option language inside of it.

USUALLY, it works like this: if they do not buy when they must exercise their option to buy, then the language of the lease says that you can keep all the money that sits inside of the escrow account. and why is that? that's important, because you may have to explain it to them. the reason is that by renting it out to them rather than selling it today (but we know it is a huge, long, terrible buyer's market, however, you do not need to tell them that), you lose the market. in other words, renting it poses a risk for you. the risk is that if you wanted to sell it during the time period of their lease, it wouldn't be available for the purchaser to move into, would it? so you lose, they win. that is why your option language says that you keep the money for the downstroke if they do not purchase.

if you do this the right way (which is the only way, in my opinion), and get the right sort of tenants, by the time it is a seller's market, you will probably already have it sold.

one other option: hire a Realtor that can place your rental listing into the multiple listing service in the rental section. it will probably cost you one month's rent.

write me at the email address provided if you have a specific question about what i said.

hope it works to your best interests!

2007-02-23 15:57:54 · answer #5 · answered by Louiegirl_Chicago 5 · 0 0

Sign up with section 8 housing, they will collect the rent and give it to you, and they will keep it rented.

2007-02-23 15:33:49 · answer #6 · answered by Cheryl 6 · 0 0

Check out Rent.com This is typically used for rentals of real estate. What state do you live in? Or what area of that state? Might be able to help.

2007-02-23 15:41:15 · answer #7 · answered by caneshopper 1 · 0 0

Try using a property management company. They of course charge a feww for handling all the astuff for you.. but it could be a load off..

2007-02-23 16:20:48 · answer #8 · answered by limgrn_maria 4 · 0 0

House for rent ads, I suggest http://2letservice.com/ - search or post your requirements.

2007-02-26 17:02:08 · answer #9 · answered by Anonymous · 1 0

what kind of house where is it i am looking to rent soon so let me know ERICA how much are you asking per month

2007-02-23 16:32:59 · answer #10 · answered by ericamandella 1 · 0 0

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