It doesn’t matter if you have a rental property that’s one new, used or 100 years old, one important thing you must do if you have a rental property in Portland Oregon is to know what are the most “sellable’ features of your rental property because this will make it easier for you to attract prospective tenants and get your property rented.
Some of the best ways to figure out what are the most sellable features of your rental property is to think like a renter and analyze your rental property by asking the following questions:
- How many bedrooms/bathrooms does your rental offer?
- Does your rental have a garage?
- Is your property close to schools?
- Can potential tenants easily get on the highway from your rental property?
- What’s nearby? Shops, stores, entertainment or recreation?
- Is the neighborhood walkable?
- Does your rental property have a nice sized yard?
- Is there plenty of parking?
How to Market Your Rental Property Professionally
Photograph the right features
The first step in highlighting your property’s most sellable features is to share photos of the right features—a.k.a. the features your potential tenants will care most about. These features can be both design-focused and functional; a mix of the two may appeal to the widest audience. Focus on features like crown molding, new appliances, large outdoor or patio space, and newly renovated areas of the home.
To make sure tenants see the property from every angle, put the images into a collage: “This allows somebody glancing through listings to see interior and exterior shots all at once. Because our homes are so beautifully staged, the split photos get a lot of attention and sets it apart from every other listing,” says Paul Moore, of Smith Mountain Homes.
Do virtual home tours
What better way to highlight your property than with a virtual tour? You can do this by taking a phone video and uploading to YouTube, or take live video with your Facebook or Instagram business page. Either way, this is also a great opportunity to engage with potential renters, so while giving the tour, ask questions. You might say:
“We just finished this bathroom, and added the brand new clawfoot tub. Do you like that vintage style? Tell me in the comments!”
“Tenants love using the back yard for grilling and hanging out with friends—the grill over there comes with the property. How often would you use this area?”
If creating all videos on a social platform, be sure to download them and upload to your YouTube channel. You can begin creating different sections for each rental property, so anyone interested in your listings can get walking tours whenever they want.
Share high-quality images
Photographing the right features is important, and the next step is taking high-quality photos. Luckily, you don’t need an expensive camera or photography experience to do that. The new iPhone 7, for example, has made it even easier for you to get expert-quality photos all on your own, thanks to its new dual lens camera, which features a wide angle and telephoto lens, according to iPhone 7 Rumors Confirmed.
Other new phones like the HTC M8 also have this feature, making it possible for you to take photos with depth of field. This is a feature traditionally found only in expensive SLR and DSLR cameras, providing you with a great opportunity for you to get high-quality photos without spending a lot.
Be a data-head
It’s hard to argue with facts, which is why using data to highlight the most sellable features is a great tactic for attracting new tenants. Here are a few data points to include in your listings and ads:
Walkscore: Use this to attract tenants who care about accessibility to nearby retailers, grocery stores, restaurants and bars. The key is to know when to highlight it and when to leave it out.
Alexa Collins, with Homelight, suggests leaving the walking score out if it’s not high enough: “Buyers who really care about Walkscore are people who want a place with tons of resources nearby, so if you have a score under 70 don’t add it to your listing but anything over 71 is advertising gold.”
Crime stats: If a tenant is moving to your area from another town or city, they’re likely unfamiliar with the local crime rates. If yours are notable or lower than average, be sure to include them. This will especially appeal to families and people looking to live alone.
Age of property: If you’re renting a new building or house, make that clear in your listing and ads. “It’s worth repeating that tenants want to avoid the hassle of tiresome repairs. Oftentimes, this means they will look for new properties with newer plumbing, electrical and HVAC systems that are less likely to break down and require repair,” says Andrea Collatz, with Legal Zoom.
Use tenant testimonials
No one knows what features are most appealing more than the people who have lived in your rental property. If you have a good relationship with tenants, ask them to write a small paragraph discussing the features they liked most about the property. Everyone will like different things, so this allows you to provide a wide, all-encompassing perspective for every potential renter.
Feature these on social media, your website, or better yet—right on the listing page. Include first name, last initial and age range (20-25, 25-30). Age range is helpful because everyone appreciate different features at different times in their lives; this allows potential tenants to qualify the information in terms of whether it’s important to them.
Featuring your properties most sellable features isn’t hard to do. With the right strategy and ideas, you can capture the essence of your rental property, attracting more people and building a brand for yourself.
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