November 3, 2021

Five ways to attract quality renters

When you’re renting out one of your most valuable financial assets, the most critical thing owners want is a quality rental occupier.

This gold standard renter is the type who consistently pays their rent on time, maintains the property impeccably, reports any issues in a timely manner and hopefully is there for the long term.

But how do you attract these types of people? Here are our top tips on five ways to attract quality renters.

The right property at the right price

If you’re looking to attract quality renters, you need to offer a quality product. That means the property should be in an ideal location, with ideal features and be available at the right price.

In some ways it’s about knowing who your potential renter is when you invest in that property, in others it’s about ensuring the property is presented in the right way, at the right price to the right people.

Well-maintained

A well-maintained property will always attract a high-calibre renter. It sets the expectation from the start that the property is cared for, updated when required and valued.

This in turn indicates the property owner values the renter who is likely to reside there.

A great property manager

A great property manager is a rental owner’s safeguard when it comes to selecting the right rental occupier and ensuring the property is well-maintained.

Their role is to make any necessary suggestions about improvements and repairs, along with ensuring the rent is paid on time.

In many ways the right property manager is an expert in ‘customer satisfaction’, effortlessly navigating the expectations and needs of both the property owner and its occupier in accordance with the relevant laws.

Timely repairs

Conducting any required repairs to your rental property in a timely manner is important to both the value of the residence and as an act of respect to the people who live there.

When you, as a rental owner, indicate you are willing to consider your rental occupier’s needs and welfare, they are more likely to look after the property to your standards, and they are also more likely to stay for the long-term.

A partnership

It’s important to remember renting a property is a partnership between you as the owner, the property manager who looks after the residence, and the rental occupier who pays to live there.

Essential to this partnership is clear, consistent communication, and action when required. 

In the right partnership, the needs of all parties are considered and taken care of, with the ultimate outcome being a property that is valued, looked after and where quality renters stay for the long-term.

How we can help

Our experienced property managers pride themselves on establishing great relationships with both rental occupiers and owners.

We manage every property as if it were our own and you can learn more about our property management services here.

Alternatively, if you are looking to rent a property, you can view the properties we currently have available here.