Every landlord reaches a point in their business where the everyday demands become too much to manage alone. If you have reached that point, it's time to look at streamlining some of those tasks.
A leasing only service could be the perfect way to start. To help you find the perfect match, read our guide on how to choose a leasing only service in Columbia, MD.
Property Leasing Tips: Understand What You Need
Getting the right leasing service match is more likely if you have a clear idea about what you need and what you expect.
Consider making a list of requirements that will satisfy your property business and give you a hassle-free option for leasing compared to what you currently have.
Once you've done that, you can look at priorities to separate the must-haves from the nice-to-haves. It will help you compare different services on offer to find the right fit.
Make a List of Local Providers
It's crucial that you shortlist local companies, as their knowledge of the area will help you lease your property. Look for businesses with a proven track record and years of experience leasing in Columbia, MD.
It's worth speaking to friends and acquaintances. You should also read positive online reviews and testimonials.
Check for an Effective Tenant Screening Process
Once you have a few names on your shortlist, it's time to look at the details of what they offer.
Start by looking at their screening process. Most leasing services will have a screening process, but it's vital that you opt for a comprehensive service. It should cover:
- Criminal background checks
- Financial checks
- References
More thorough checks can ensure that no stone is left unturned, helping to protect you and your property against a bad tenant.
Look at the Fees
You want a leasing service that offers value for money, so you should always do a comparison of their fees. Make sure you know what services you'll receive for those fees so that you can compare them like with like.
You should also check whether there are any added extras or charges that aren't in the headline figures. If you aren't sure, speak to the leasing company to find out about their specific inclusions and exclusions.
Rental Management Strategies for Marketing
An effective marketing strategy will help you secure a tenant faster.
You will benefit from a service that goes beyond the standard offer of listing your property online. Look for other aspects of their marketing that will help you, such as:
- Photography
- Virtual tours
- Social media
Find out how long it takes for a leasing company to lease the average property. These timescales will tell you more about their marketing approach.
Finding the Best Leasing Only Service in Columbia, MD
A reputable leasing only service can be an asset to your property business. It will deliver results and allow you to focus your time and effort on new investments instead.
PMI Mason Dixon is that company. With extensive knowledge of Columbia and a proven track record, we can deliver excellence for your property empire. Find out more here.
