Expected Timeline for Renting Your Property
When listing your property, it’s natural to wonder how long it will take to secure a tenant. While the timeline can vary based on factors like pricing, condition, and time of year, we aim to provide a clear understanding of what to expect and keep you informed every step of the way.
Seasonality and Leasing Strategy
The timing of when a property is listed can significantly impact how quickly it rents. A competitively priced property typically rents out within 2 weeks during the Spring and Summer, while it may take 3 to 4 weeks during the slower Fall and Winter months. However, it’s important to note that these are general trends. Sometimes, everything aligns perfectly, and we’ve rented properties in as little as 3 days—even in the dead of winter!
To navigate seasonality effectively, we aim to secure leases for a minimum of 18 months when renting during the Fall and Winter. This strategy ensures that if tenants decide not to renew, your property will be relisted during the peak Spring or Summer market, helping to avoid repeatedly falling into the slower seasons.
Weekly Rental Performance Updates
We believe communication is key. That’s why we’ll send you weekly performance updates on how your property is doing on the market. These reports include:
The number of inquiries received.
How many prospects were prequalified.
Showings conducted.
Feedback provided by potential tenants.
This transparent approach ensures you’re always in the loop and confident that we’re actively working to secure the best tenant for your property.