Renting Apt by Owner - Tips Needed
Hi all, I have started trying to rent out an apartment in my 3-fam brownstone in park slope w/o a broker for the first time. I am having trouble for the first time finding a tenant and getting really worried. Does anyone have any tips to finding a good tenant? I have it posted on…
Hi all,
I have started trying to rent out an apartment in my 3-fam brownstone in park slope w/o a broker for the first time. I am having trouble for the first time finding a tenant and getting really worried. Does anyone have any tips to finding a good tenant? I have it posted on craigslist, but not sure how often i should re-post it there or if there are certain key words or anything else crucial that should be included in a post. Any and all advice is greatly appreciated. TIA!
Any luck yet? My husband and I may be interested….
Hi BklynDahl,
My boyfriend and I are looking for an apartment. Could you email me with more info about yours if it’s still available? I’m at cdeplume -AT- gmail.com.
Thanks!
Carla
Hm….then it could be price, condition, something about the configuration?
Thanks again – all the tips are really appreciated. I have some pictures posted and am getting some requests to see the apartment, but so far no one has actually rented it. It’s not like there’s no response – I’ve shown it a few times. A few have come, said they liked it, had to talk it over and then I never heard from them again. It’s very discouraging.
Do not use all caps. People will think you’re a broker. It’s hard for renters to find real FRBO listings but they value them.
Make sure you include typo-free contact information.
What renter wants to pay a broker in June 2010? If you do, your place will become that much less marketable competitively speaking. Tip: everything on CL is highly over-hyped, repost continually and use all caps in certain words for that over the top dramatic touch. Link to many larger sized photos, and/or videos. Something small that sets you apart.
The reason your broker isn’t coming through is probably because they have nothing to do with the market being hot or cold, since they virtually add no value but convenience for the owner these days.
We’ve only rented our our rental ourselves through CL.
1. You are only supposed to post once per week, but there are tons who re-post more frequently. Post Thursday night or early friday am for weekend showings. If you are changing the price, put a new one up quickly.
2. yes — pics are a must. Also specify street and cross-streets where CL prompts. Tout good amenities, but don’t oversell. Sell the apartment not the neighborhood — people know the neighborhoods.
3. If you do not get at least a few responses within 24 hours, then price is definitely too high. Even if price is a little too high, you will get a few responses, so no reponses means take the price down.
4. Get comp prices by looking at the CL no fee/owner listings for your hood, # BRs and general price range. Be honest with yourself about how yours compares on size, amenities (w/d, quality of kitchen, closets, etc.), location and condition.
The time of day you list also makes a difference on Craigslist. Try first thing in the morning and lunchtime.