Viewings are crucial to securing quality tenants and in this article James Davis, CEO and founder of Upad, shares his advice on how to make the most of tenants viewing your property.
As a landlord, turnover periods are always the most stressful part of the tenancy cycle. A large part of this is arranging worthwhile property viewings.
With the right planning viewings don’t have to be draining and can become a great opportunity to change your approach, find better tenants and safeguard your asset.
Put yourself in the process
Given the choice, 90% of tenants would prefer to meet the landlord as part of their property viewing. In fact, it’s likely that you will get a much more honest level of interest if you have looked potential tenants in the whites of their eyes.
Before meeting tenants, there are a number of things that you can do to make them aware that you are involved. For example, not many landlords mention the fact that they are a credited property owner with good track record in their listings. Why not? If you’re a reliable landlord, let it be known from the get go.
And whilst it’s important to meet potential tenants, don’t feel you have to invite every person that responds to your advert to a viewing. Do your due diligence when you first receive an enquiry and find out their current situation. Where do they work? Who will they be moving in with? What did they like about your listing? It’s best to get this information first, rather than go to the effort of a viewing and find out they haven’t read the advert properly, or they’re not suitable.
Block for best results
After you’ve found several safe enquiries that look promising, the best thing to do is to block book your viewings. This will benefit you in two key ways.
Firstly, if you show up to the viewings, you will save lots of time and logistical stress. Secondly, if prospective tenants see that there are other people viewing the property, this makes it much more likely they will act and offer.
Another neat piece of advice for making viewings as efficient as possible is to keep a note of all the tenants you meet. It is remarkably easy for everyone to blend into one after five viewings. Also, if you receive a plethora of offers, your notes will help you to make a choice based on real impressions.
For more practical advice on how to manage property viewings, join my webinar. We’ve had great attendance over the last few weeks and I’m sure you would benefit from some practical landlord advice https://blog.upad.co.uk/blog/bid/73728/a-quick-guide-to-tenant-viewings
James Davis – Portfolio Landlord & Property Expert