MAKING A PROPERTY RENT-READY
The more attractive a property the better chance you have to fill a vacancy quickly and entice reliable tenants. It is crucial to have your home rent-ready when showing potential applicants. When looking for rental property management, Chicago homeowners can trust the professionals at Real Property Management Chicago Edge to get their property rent-ready.
WHAT TO DO BEFORE PUTTING YOUR HOME ON THE MARKET
Let’s start with the outside. The curb appeal of a property either invites or deters prospective applicants. A poor first impression can prevent tenants from ever viewing the home. Attracting applicants is why it’s important to keep your property looking nice on the outside during a vacancy. Mowing and watering the lawn while also maintaining landscaping makes a yard presentable and welcoming.
Our property management Chicago, IL experts also get the inside of your rental ready to show. A home should not be under construction or be remodeled during walk-throughs. The goal is to present a home the potential tenant can envision living in. All needed maintenance and repairs should be completed before showings. No personal items should remain on the property. That includes areas such as storage sheds, the garage, the attic, or crawl space. A safe property reduces the risk of potential liability or legal issues down the road.
All facets of the home should be in working condition. Smoke detectors need to be in place with fresh batteries. Air filters replaced and appliances clean and operational. Plumbing needs to be leak-free. All doors re-keyed and a lock-box installed for leasing agents. Also, keep the utilities on while a house is being shown.
Determining a rent rate is another critical component of making a home rent-ready. A rent amount too low brings in less profit. A rent rate too high discourages applicants and possibly prolongs vacancy time, in turn decreasing cash flow. Our rental property management Chicago professionals know the current market. They can help you set a competitive rate based on the market, area/neighborhood, and property condition.
READY TO GO
Looking for the best property management Chicago, IL can offer? Put our experienced team at Real Property Management Chicago Edge to work for you. We can make your home rent-ready. Our skilled professionals know what is required to get your rental on the market. Call us today.