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5 Cheap Marketing Ideas to Fill Rental Vacancies Fast

Written by Posted On Wednesday, 10 August 2016 23:24
Fill Rental Vacancies Fast Fill Rental Vacancies Fast

As you’ve probably learned by now, marketing can be extremely expensive. So before pulling out your checkbook, check out these 5 ways to get the word out about your property without losing a big chunk of change…

 

#1: Word-of-Mouth

Let your other tenants know you have a vacancy. Tell your friends, family, and coworkers.Share it on Facebook. Old-fashioned word-of-mouth can be a great marketing tool thatdoesn’t cost you a dime.

 

#2: Online Listings

Use sites like Zillow, Trulia, and Craigslist. These sites have become the go-to resource for folks looking to rent. And, best of all, they are completely free to use. You should also utilize regional listing sites local to your area.

 

#3: “For Rent” Signs:

Yes, this may seem tacky and outdated. But the classic “For Rent” sign on the front lawn can be the best form of marketing there is, especially on streets with a lot of traffic. Even if someone isn’t looking for a place themself, they might notice the sign and tell a friend who is looking. Put a sign up… what’s the harm?

 

#4: OnlineNewspaper Ads:

Nothing like a good, old-fashioned newspaper ad, right? Well,maybe not the old-fashioned part. Local newspapers have increasingly been moving online, and so have their readers. Check out your local paper for pricing.

 

#5: Real Estate Offices:

Contact a local real estate office. Some agents will happily find a good tenant for you at a relatively small fee.

 

 

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TrueRent is a Property Management company based in San Francisco, CA. TrueRent will keep your properties organized, prevent missed deductions, reduce tenant interactions and much more, all while keeping your data safe and secure.

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