If you are a landlord trying to rent out a property, you know it can be hard to find the right tenants who are willing to pay the right price. It can feel like there are endless hoops you must jump through just to fill up rooms and make a livable wage. With cleaning, painting, tending to electrical needs, and spiffing up the appliances, it can be stressful to also worry about making a good impression on potential tenants. You may want to consider staging the rental property to make it look warm and inviting when potential renters come to visit. While it is often held that staging is only for real estate or homes for sale, staging can actually be a great asset to landlords showing rental properties, as well. If you are considering staging a rental you’re trying to fill, read on for three reasons why it could be a great investment for you and help you grow your business.
Renters will be able to visualize their home
One objective of staging in general is for potential tenants or buyers to be able to visualize themselves in the space you are showing them. Having an armchair thoughtfully placed in the corner by the fireplace or having pots hanging above the stove can make a big difference in the psychology of the potential tenant. Staging experts say that through staging, one can accentuate spaces and show the positive potential of a property. When homes and apartments are bare, they can feel small and cold and tenants may not be able to picture how it could ever feel different.
You will have several chances to impress
Though it may not seem as such, staging a home can actually save you a lot of time. Staging experts make the process a breeze and know just how to decorate a home to make it more inviting. All you need to worry about is cleaning, fixing, and painting. You can rest easy knowing the job will be done right. Additionally, with the time that you’ve saved by hiring stagers, you can focus on enhancing different parts of the home that will make potential tenants more likely to fill out an application. Consider external paint jobs, landscaping, or hiring roof cleaning companies to make the roof of your rental property really stand out. There’s a reason why so many realtors focus on curb appeal: The outside of your property is your first chance to make a good impression on a new potential tenant.
Tenants who see a staged home may be more willing to turn in a rental application upon noticing how all the space can be utilized. Just be sure to use an online application to help you set specific screening measures to ensure you get a top-quality tenant who has strong credit and is able to pay rent with the least amount of hassle and stress.
Create a mutually-beneficial relationship with the stagers
Having stagers come in and stage your rental property could also be a beneficial thing for your network. For one, it is always good to have connections in your industry in case you need to refer to them to someone in the future. Additionally, you could strike up a deal with the stagers you work with. You can invite them to leave their business cards in your staged property, which will help them grow their business. If you allow them to subtly advertise in your home, you may also be able to get a discount for their services. Building up a good relationship with stagers will help grow both of your businesses, as you can spread the word about their services through word of mouth, and they can spread the word about your available properties the same way.
By staging your property, you’ll increase your chances of attracting potential tenants. Just be sure to consider budget and where to spend that budget to maximize your staging efforts. Utilizing landlord software is also a great way to maximize returns, as the features offered with such solutions help you screen potential tenants and make collecting rent and communicating about issues include repair requests a breeze.
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