How
to Find Quality Tenants for Your Beach Rental
Landlords beware! The New Jersey
real estate market has never been hotter, and with
all of this heat brings more and more landlords to
town just waiting to steal your tenants with lower
prices, better locations, or better accommodations.
If you are new to the landlord business or an old
hat at the game there are some new developments in
the beach rental industry that might help you keep
afloat!
It used to be simple. You would take your property
to a real estate agency and they would help you to
locate tenants for the summer months while taking
a healthy cut for themselves. For the most part this
system still works, but with the increasing number
of properties up for rental, real estate agencies
are becoming overwhelmed with the urge to fill all
of the vacancies. The other problem with this method
is that you, the landlord, don’t get a say in
who is going to be using your property.
The other method of finding tenants is to advertise:
newspapers, rental magazines, word of mouth. All of
these methods are great and very effective, however
for the part-time landlord, who has time to maintain
all of these advertisements and answer all of the
phone calls associated with them? Also, the added
cost of the advertisements will have to be subtracted
from your bottom line, or added to your rental fee.
The solution lies in the internet. It is estimated
that nearly 80% of travelers would consider using
the internet to plan their vacation. You want to make
sure that your property is visible for browsers of
all kinds to see. The best way to do this is to use
an online vacation rental service such as www.beachhouse.com
or www.vacationsbyowner.com
. These websites generate a significant number of
browsers that are looking specifically to rent a home.
Why not list your home. Features include the ability
to post pictures, rental prices, and an availability
calendar. You get all of this for a small fee (usually
per season). By renting your property to your tenants
directly you save money and are also able to get to
know your tenants and ask questions before they vacation
in your property!
