Advertising an apartment for rent on Craigslist can explode your leads
Advertising a flat for rent has never been so easy. If you own residential investment property or manage property, Craigslist should be your number one destination.
If you keep your rental properties busy, they can provide you with some much-needed extra cash flow that can definitely be put to good use.
When a tenant in one of your apartments gives you a thirty-day notice to vacate, you must immediately post a classified ad for your apartment for rent on Craigslist.
Within hours, you’ll start receiving dozens of phone calls from renters who saw your ad on Craigslist. Be sure to keep a list of their names, phone numbers, what they are looking for and how much they want to spend.
Within a few days of your ad being on Craigslist, you’ll have more phone calls and leads for your apartment than you might imagine. Prepare for the influx of new and qualified leads for your apartment or home for rent.
Whatever you do, do not show the apartment until it has been completely cleaned and remodeled. You will have numerous visits scheduled to view and examine your apartment.
The rental process can be daunting for new owners, so don’t get irritated if the phone rings non-stop. You’ll be surprised at the inconvenient hours some tenants will call you.
Avoid having an attitude with someone about your apartment or house for rent, even if they call after midnight. They may seem insensitive, but they are looking for a place to live and that is a very important and critical decision.
Once you have a lot of potential customers and a few legitimate applicants, don’t delete your apartment for rent ad from Craigslist. You might be tempted to start cutting back on your advertising efforts, but don’t stop until you have a signed lease in hand.
You may not think that an apartment or house for rent can be in such high demand. But with Craigslist you’ll get an overflow of quality rental leads if you create and post your ad correctly.
When you start showing your apartment, you will be surprised at the diversity of people you show the apartment to. Now you would have to weed out unqualified prospects and focus on those applicants who meet your residency criteria.
Some prospects will have no references, no job, no rental history, no credit, and no deposit. You’ll get all kinds of stories and excuses, but it’s important that you stick to your criteria of a desirable tenant.
Again, do not remove your Craigslist ad for your apartment or house for rent until you have a signed lease. After showing your apartment, you should have narrowed your applicant pool down to a few qualified ones.
Now that you’ve reaped the benefits of listing an apartment for rent on Craigslist, you have a great pool of qualified applicants to choose from.