As the short and medium-term rental market improves, travelers and prospective tenants have a great choice of places to stay in. For someone who is new to the rental business, learning the ropes can take considerable effort and time, but it is worthwhile. This article has several tips for you on how to rent out an apartment fast and earn good money.
Nice and representative photos in the flat ad
The first rule of online advertising, especially in the crowded real estate market, is to make sure that your listing stands out visually. Once a person looking for a room or an apartment sets all the filters right - length of their stay, amount of bedrooms needed, district, price, etc, they will now select based on the impression your offer gives. It will matter that your pictures are taken with a high-resolution camera, ideally a professional one. It is not an extravagance to pay some extra money for a photographer - the investments will return. Do not forget to take these pictures with good light, during a bright, sunny day. Think of some props that will make the place look better - a picture on the wall, a bunch of flowers in a pretty vase. Nice, fluffy towels on the bed. Good bedsheets. And make this session soon after you clean the apartment for an extra effect.
Sufficient description of an advertisement for an apartment
If your place looked good enough, now the customer will probably read a bit about it. Remember to include all important information in the description. These would include transportation options and the location of the apartment. What amenities are available? Is there fast WIFI and how does one access it? Is there a supermarket, or a pharmacy, nearby? Is the place pet-friendly, and if so, what are the rules? Is it wheelchair accessible? Does it have parking access? Is there an elevator in the building? Do you welcome guests with children, and if so, what is available for them?
Competitive rental price
How to rent out your apartment quickly? There is a key factor we can’t forget - the price. Setting the price that will feel competitive and convenient for you and your guests will require some effort. You have to think of all the amenities and services that are included in the price. All the work the place requires to be cleaned and set up for your guests. What extra costs you had to bear to prepare it for your new tenant’s convenience? Is your offer more of a high-end thing, with expensive furniture, designer furniture, high-quality toiletries and towels, and new, quality equipment? Or is it more of a basic accommodation for someone who cares more for an affordable, simple place to crash in? How much do comparable listings cost in your area? Once you settle for a price, you can adjust it, based on demand.
Early bird catches the worm! - React quickly
Having an application that helps you manage the listing on your mobile can improve your chances of renting your place out because with these rentals time matters a lot. Some of your prospective guests will be looking for a place urgently, or decide to take the first accepted offer, which makes your timely response an important factor in finding a tenant. Get a smartphone, if necessary ;)
And try Flatio, of course! ;-)
If you wonder how to rent out your apartment fast, you’re already in the right place. Flatio is an online company and that promotes apartments and rooms for mid-term rental in Europe (Budapest for example) and beyond. We’re looking for are listings that are available for rent for between 14 days and 1 year periods.
