As a rental property owner or real estate investor, you know that your time is valuable. A real estate agent investor can help in more ways that one.
You want to find the perfect tenants and get the best possible return on your investment – but you don’t want to spend all your time dealing with the day-to-day tasks of being a landlord.
A real estate agent investor is a licensed professional who specializes in representing landlords and investors in the rental market. Here are six mind-boggling benefits of using a real estate agent investor to manage your rental properties:
1. More Exposure for Your Property
When you list your property with a real estate agent investor, your listing will not only appear on their website but also on all the major real estate portals like Zillow, Trulia, and HotPads. This gives your property maximum exposure to potential tenants and helps you fill vacancies fast.
2. Professional Tenant Screening
A good real estate agent who knows how to work with investors will have a robust tenant screening process that includes running credit checks, employment verification, and rental history checks. This helps you weed out unqualified tenants and protects your property from damage and missed rent payments.
3. One Point of Contact
When you use a real estate agent investor, you only have to deal with one person – your agent. They will handle all aspects of marketing, leasing, managing and maintaining your property so you can sit back and relax.
4. Market Knowledge
An experienced real estate agent investor knows the ins and outs of the rental market in your area. They will be able to price your property competitively so you can maximize your return on investment.
5. Reduced turnover
An experienced real estate agent investor will work hard to find quality tenants who will stay in your property for the long term. This reduced turnover saves you money on advertising and lost rent while also keeping wear and tear on your property to a minimum.
6. Increased ROI
By taking care of all the details for you, a licensed real estate agent investor allows you to focus on other important things – like growing your portfolio or spending time with family and friends. This hands-off approach actually leads to increased ROI because you’re not bogged down by the day-to-day management of your rentals.
If you want to be a successful property manager, then Achieving Financial Success as a Property Manager: An Insider’s Guide is for you!
This invaluable resource provides all the essential information and strategies you need to excel in the rental property management industry.
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Content created by J. Scott Digital freelance copywriting services.