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Yes, this may seem tacky and outdated.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.
