How long does it take to rent a rental property?
Generally speaking, it will take 6 to 10 showings of a rental home to attract the first application for tenancy. The “Law of Attraction” usually results in receiving subsequent applications for tenancy, if needed, in fewer showings. However, aside from the rent being asked for the rental property and its overall condition, there is little else that can be done to improve the chances of renting the home quickly. Obviously, we cannot relocate the home and it is not likely that adding more bedrooms, bathrooms or garage spaces would be cost effective. Therefore, keeping the property as attractive as possible and adjusting the asking rent are the only options available for attracting tenants quickly. Advantage Pointe: Advantage Pointe Properties provides its owners with weekly status updates of their vacant rental properties. The property manager receives a copy of the status report and, if necessary, will contact the owner to discuss other marketing strategies that may result in renting th
