August 2022 Newsletter

The eight best ways to attract great tenants and keep them in 2022

So, what makes a great Tenant in 2022?

A great Tenant is a Property Manager and Landlord’s dream.

They are the kind of Tenant who pays their rent on time, keeps their Property in good shape and doesn’t cause any headaches for us and our Owners.

Unfortunately, however, not all Tenants are cut from the same cloth.

That’s why, given the lack of Property supply in the current rental market and the resulting desperation of Renters, it’s now more important than ever to make sure we’re attracting the right Tenants to your Properties to avoid any headaches down the track.

With high-quality Tenants, you can have peace of mind that the Property is in good hands. Any maintenance requests will be simple to handle, and we’ll also avoid the prospect of nightmare Tenants for Property Managers and Owners.

How we attract the right tenants for your rental properties

This is some of the ways Tauranga Rentals Ltd find and attract the right Tenants for our Properties:

Screen each applicant thoroughly

Prevention is better than cure.

Screening our applicants thoroughly allows us to identify issues before putting pen to paper—saving a lot of trouble up front.

The most common concern bringing on new Tenants is payment problems. This means that ensuring our applicants have a clear record of on-time payments is critical if we want to place the right Tenants and keep our Owners happy.

It’s also wise to keep an eye out for certain qualities in applicants, such as:

    • Steady income
    • Positive credit report
    • Positive references from previous landlords

 Create a compelling listing advertisement

A great property listing is one of the best ways to attract tenants to our properties, complete with a strong narrative, photos and even a video!

When we’re writing an advertisement, we consider what we are legally able to ask for in finding the perfect tenant.   Careful, considered wording will reflect the values of the ideal Tenant that we are looking to attract.

 Highlight key local amenities for tenants

Making Applicants aware of the local amenities in the area, such as schools, shops, beaches, and health and medical services, is a great way to attract the right kind of Tenants to our Properties.

Applicants that appreciate having convenient access to these amenities are likely more in line with the ideal Tenant that we are after.

 We explain our expectations to our Tenants, as well as what they can expect from us

Making expectations clear before handing over the Property to our new Tenants will ensure that everyone is on the same page and comfortable with the Agreement as it is.

This will also ensure that there are no surprises further down the track for either party.

  How to keep our best Tenants for the long term

Once we’ve found great Tenants for a Property, we’re going to want to make sure that we can hold onto them for the long term. To do this, we’re going to want to:

Stay on top of maintenance requests

Tend to any maintenance requests promptly to show our Tenant that we’re invested in them and their comfort. Failing to do so only risks fracturing our relationship with our ideal Tenant.

Even better, pre-empting maintenance and being proactive in carrying it out is a great way to keep our Tenant even happier.

 We keep an open line of communication by regularly updating our tenants on key changes

Regular communication with our Tenants is a great way to maintain a good relationship with them while ensuring they are up to date with everything they need to know about the Property.

 We Provide a Tenant Portal

Offering our Tenants access to a Tenant Portal enables them to stay informed and up to date on their terms, with access to information such as leasing conditions, maintenance requests and when their next Rent is due.

In 2022, this is a great way to provide our Tenants with instant access to the information that they are after, while also opening another direct line of communication between us and our Tenant.

 Use quality Property Management software to stay ahead and organised

As a Property Management Company, we use a dedicated Property Management Software Programme which helps us stay super organised and on top of everything we need to do with regard to each Property under our Management.

Not only does this help to make our life much, much easier, but it also helps to keep our valued Tenants feeling well looked after and happy with where they are living.

 

Level up your Property Management game with Tauranga Rentals Ltd

At Tauranga Rentals, we make Property Management a simple and easy process for all parties involved. Tauranga Rentals helps you to stay compliant, increase efficiencies and provide a better service to our Clients.

Contact Dan if you have any queries dan@taurangarentals.co.nz or at the office 07 571 1025

 

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