If you're considering property management, Virginia Beach investors, you'll benefit from more than just the nuts-and-bolts of keeping your properties profitable and well-maintained. Property managers do more than collect rent, screen renters, and provide maintenance services. They also market your Virginia Beach rental property!
Before you can generate rental income from a resident living in your property, you have to find a renter! Property marketing is what helps the best quality renters find your listing and begin the application process to become your next resident.
Without professional marketing, property investors can lose significant income from a rental property. When choosing a property manager to help guide your investments, make sure they have the resources and expertise to find the best renters for your properties!
Here are some of the marketing benefits investors can count on from the experts in property management!
Why Does Marketing Matter?
Anyone can create an online listing for a rental property. Take a few photos with your cellphone, type in a few details about the property, and make sure the listing goes live. However, if that's your idea of "marketing," you could be missing out on significant rental property income! You could also be dealing with terrible renters and ongoing issues with resident turnover.
There's so much more to marketing your properties effectively! Expert marketing helps you find better renters, set the right monthly rental price, and watch your bottom line improve.
How Does a Property Manager Improve Marketing Efforts?
Marketing is all about finding quality renters and reducing turnover. With their industry network connections and real estate expertise, professional property management Virginia Beach investors need knows how to market your property to attract the best local renters with less downtime between residents.
Better Listings and Photos
The text and photos that make up your property listing are critical marketing components. It's easy to take a few pictures with your cellphone, but it's better to trust the experience of a property manager and a professional real estate photographer!
At Renters Warehouse, we write hundreds of property listings and know how to target renters in the Virginia Beach rental market. With our experience, we can include the most critical details and photos to help your property show off against the competition. A professional property listing includes:
- Details about your property (number of bedrooms and bathrooms, square footage, and location)
- Notes about the property's amenities that attract the best renters
- Information about the monthly rental rate, deposits, fees, and how to apply
- The bigger picture (neighborhood details, nearby retail, restaurants, parks, and schools).
A professional photographer captures your property's best features from all of the right angles. When your listing photos stop a potential renter from scrolling by your Virginia Beach rental property, investors have a better chance of placing a new resident—sooner rather than later.
Better Prospects and Connections
Renters tend to move from property to property. When the lease is up, they look for a home that better suits their needs and budget.
Property managers stay in touch with their best renters! They have a file of pre-screened renters to help fill vacancies faster, and they keep an eye out for perfect matches. This helps their best renters find the right rental homes for their needs while helping your property experience shorter vacancy cycles.
A standalone property owner might not have a repository of vetted renters or the local connections to help them find quality renters for your property without significant downtime. When your property is vacant, you lose money!
Better Economies of Scale
Effectively marketing your property can get expensive if you're doing it on your own. Professional property management, Virginia Beach investors, markets a large portfolio of properties for multiple property owners! With that kind of volume throughout the year, property investors benefit from lower pricing for listings, printed pieces, and yard signs.
When you choose the right property manager, you won't suffer from getting lost as "just another client" in their sea of property investors. The best property management company gives personalized services and attention to every property owner. At the same time, each investor benefits from the perks of multi-client pricing for professional marketing and listing services.
Better Market Insights
Before listing and marketing your property, setting the right rental price is critical! A thorough market analysis helps your property manager determine the ideal price for your property.
If the price is too low or too high, you can lose valuable income! A bullseye rent price that's right on target helps you attract the right renters and generate the best profit from your investment!
Experience Better Marketing With Our Rent Estate™ Strategy
If you haven't experienced professional rental property marketing, you probably don't realize what your bottom line is missing! With the Renters Warehouse Hampton Roads Rent Estate™ strategy and our approach to property management, Virginia Beach property investors enjoy better quality residents, less renter turnover, and more profits.
Marketing is one of the most critical aspects of being a successful real estate investor! Leave it to the professional and watch your bottom line improve when you choose Renters Warehouse Hampton Roads as your Professional Landlord! Contact us for a Free Rental Analysis to kick off the marketing process!