Should You Use Self Showing Technology For Your Rental Property?

self showing technology

Are you thinking about using self-showing technology for your rental property in Portland Oregon? If so, you’re not alone.

More landlords in Portland Oregon have been using self-showing technology in recent years, especially since the start of the Pandemic because this technology makes it possible for prospective tenants to tour rental properties themselves.

The big question is self-showing technology right for you? In this article, we will break down the pros and cons of self-showing technology so that you will know what to expect if you choose this option for your rental property.

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What Are The Pros Of Using Self-Showing Technology?

Saves time – The top benefit that comes with using self-showing technology is that this platform saves landlords time.

Gone are the days of the landlord having to show their properties because a tenant can get pre-qualified online through the self-showing system and tour the rental property themselves.

Saves money – During these days of rising gas prices, self-showing technology also saves landlords money because they don’t have to drive out to the Portland rental property themselves or send out a manager to show the property to a prospective tenant.

Flexibility – Tenants can schedule showings at times that work for their schedules and this eliminates no-shows because they can still view a property even if that needs to happen early in the morning, or later in the evening.

What Are The Cons Of Using This Technology?

Less Personalized – Even though this technology saves time and money, there may be some cases where a potential tenant is unable to get their questions about a property answered right away because a property manager was not on-site to answer them.

Cost – As with any technology platform in today’s world, self-showing technology does come with a monthly cost that can add up, especially as you add more rentals to your portfolio of investment properties.

Risk – Yes, tenants are qualified by this technology platform before they enter the property but there still is the potential risk that the tenant could damage the property or lose the keys.

Ultimately, the key to success with choosing this technology is to determine if the risks outweigh the rewards that come from using this technology.

Contact Rent Portland Homes

At Rent Portland Homes, we specialize in managing single-family and multifamily properties in the Portland Oregon area. To learn more about the services we can offer you, contact us today by clicking here.

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