Work, Work and Work Only Like This You Can Get Good Tenants
by Just because you have put on the rental list your property for Olympics 2012, it does not mean that all your worries have ended. In this article we will point out some of the most frequent mistakes that landlord commits in his relation with tenants.
Just because you have put on the rental list your property for Olympics 2012, it does not mean that all your worries have ended. In this article we will point out some of the most frequent mistakes that landlord commits in his relation with tenants.
Let’s start with the screening process. When reviewing the applicants do not show favoritism towards any social, racial or religious group. You do not want to be accused of discrimination. The next process after screening is to interview the candidates. When you interview the potential tenants do not ask too personal questions, some people consider their life very private. Also do not deviate too much from the interview subject which is the property and the potential of tenancy. Never go behind the applicants back when you conduct a background check, always ask for their permission, otherwise your actions can really aggravate a candidate. The permission itself speaks more than the background checks, if somebody has something to hide, he will never allow a check to be conducted. Be sure to present all of the candidates with the same amount of interview time. When it comes to rejecting someone do not state any personal motives, choose your words carefully, some people do not take refusal easy and may use them against you in the future.
After you have chosen the potential renters, show them the property before sitting down on the negotiation table. Here is a tip, always make sure that the candidates meet each other during visitations of the property. This way they can assess the competition and will be more willing to negotiate if they feel threatened by other applicant. After you have reached an agreement with one of the candidates it’s time to start the negotiations, make sure to show that you mean business. Flexibility is important but assures the tenants that everything has its boundaries. Make some compromises, and win your applicant. People like to know that they are getting attention.
Everything has its pros and cons, the rental business in no exception to this rule. So if you do not want to see the cons of the letting market, be sure to learn what and how to do it. After you have learned put on the rental list your flat for 2012 Olympics and start working on finding the perfect tenant.
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