Nearly 20 million rental properties serve the United States. But renting out these homes can still take up to 60 days, even if they're in tip-top condition. The worst part is that you're not guaranteed responsible tenants after a long wait.
Despite the hurdles to overcome, the number of landlords in the nation is growing. That's because they know the best real estate marketing methods for finding tenants.
By reading our property marketing guide, you will also uncover the secrets to success!
Offer Competitive Prices
Inflation, new policies, and energy costs are some reasons the cost of living is growing. Last year, almost seven out of ten workers said that expenses were outpacing their wages. As a result, households are struggling financially and searching for competitively priced homes.
Research other properties in your area to discover the average cost of real estate in Las Vegas. However, noting the size, number of bedrooms, features, and location is also vital. You can justify a higher price than your neighbors and still set competitive prices if you have features such as a garage or a larger living area.
Optimize for Search Engines
SEO is the key to unlocking success for Google searches. This property marketing technique highlights your home and ensures relevance to search engines. It then passes this information back to the viewer, showcasing your rental.
To do so, use Google Keyword Planner to obtain the best keywords. Then, place these phrases throughout your listing, paying attention to headings and descriptions.
Enhance Your Property's Curb Appeal
First impressions matter, and the outside of your house is the first thing tenants will see. It is so crucial that studies prove humans make a first impression within only seven seconds!
Ensure your home has curb appeal by maintaining the yard, cleaning, and making repairs. A well-kept exterior will attract more interest and make your property stand out. Also, consider adding a fresh coat of paint or updating the front door to enhance the overall appeal.
Use Online Platforms
The 21st century is filled with modern gadgets and online platforms. Around 311 million people actively use the internet nationwide. By taking your listing to the online world, you can reach out to everyone searching for homes in Las Vegas.
There are endless property managers to choose from in Nevada. But whatever agency you select, you must include the following factors:
- Professional photos
- Detailed descriptions
- Key amenities
- Landlord policies
- Contact Information
- Availability
Social media is an excellent tool for finding tenants. You can create campaigns, use relevant hashtags, and target advertising. The best part is that this is the most cost-effective property marketing technique!
Make the Most of the Best Real Estate Marketing Tips in Las Vegas
People are aware that housing is a rewarding financial investment. However, the industry has never been as competitive. So, utilizing the best real estate marketing tips is essential for a bright future.
Unfortunately, implementing these strategies requires lots of time and hard work. Fortunately, you are now familiar with PURE Property Management, a team with over a decade of local knowledge and experience.
By contacting us today, we can manage the uphill battle while you enjoy the passive income!