The master key to quickly finding a good tenant in Uganda is to list your property on the top property listing portal in the country. If no one knows about your property, how will you generate income from it? The longer your rental property is vacant, the more you will lose as a landlord.
Thankfully, there are plenty of other ways to get the word out about your rental property. Here are five main ways to market your rental so you can find tenants quickly.
Advertise Your Rental Property Online
We live in the age of the internet and if you don’t market your rental online, you will shrink your pool for potential applicants significantly because most renters search online to find their next home. Fortunately, there are a plethora of online listings services in Uganda that you can use to market your rental property.
With property listing portals like Lamudi.co.ug or Realtor.ug or RealEstateDatabase.net, you are now able to connect and share information with people across Uganda within seconds. You can post a new listing on any of the above portals and showcase interesting or fun facts about the property with photos and videos to illustrate why it’s a great place to live, This online presence can help potential tenants envision themselves living in your rental property.
Posting your rental property on a rental listing site is one of the most effective ways to attract tenants. Although there are tons of free rental listing sites, the ones mentioned above will take your marketing a step further. For example, when you list your rental property on RealEstateDatabase.net, your property will be listed on the most popular rental websites in the Database network, reaching 1000s of potential tenants. If you need help managing your property, Apartments.com also allows landlords to accept applications
Word of Mouth
Landlords can also get their own free websites from the Real Estate Database (RED) to gain more leads. Along with posting vacancies, the RED will make sure that your website is easy to navigate and mobile-friendly (many people search via smartphone). they will make sure your website also looks modern.
Along with posting your rental listing on the above mentioned sites, word of mouth is one of the best ways to get the word out about your rental property. Since you never know who might be in search of a new home, don’t steer away from telling friends, family members, and colleagues that you have a vacancy open.
You can ask tenants for referrals too. Although you should always screen tenants properly, word of mouth could help you find a trustworthy, reliable tenant.
Go Old School
Although most people go online to find properties for rent, there is some value in using print materials to advertise. You can post an ad in the newspaper or a flyer on a bulletin board at local colleges and businesses. Posting “for rent” signs outside your property and around the neighborhood will also attract tenants.
Be Strategic
Advertising is a property expense that can become costly if you’re not careful. Determine which type of marketing works best for your rental property. You can give potential tenants a survey asking how they found out about the vacancy to find out which type of advertisement is the most effective. If you live near a university and discover most new tenants saw a listing on a bulletin board at a popular coffeehouse nearby, it might be worth it to invest in more flyers.
Tips for Creating a Successful Rental Property Listing
Along with the proper marketing, creating a great rental listing is also important when it comes to attracting renters. Here are some tips to help you curate the perfect listing.
- Place yourself in the renter’s shoes. What things would you want to know about the property? Write them in the property description.
- When writing the property description, be clear and upfront with rent prices, your requirements, and the screening process so renters can determine if they qualify before they submit an application.
- Save time by documenting a great finalized description, so you can reuse it every time you list the property.
- Consider your location and emphasize the features that appeal to any niche markets you might attract. If you live near a college, mention the distance from the property to the school. If you live near a hospital, you could cater to traveling nurses by mentioning you offer furnished units and short-term leases.
- Use high-quality photos! You don’t have to be a professional photographer to know how to photograph your rental property. Good natural light and the right angle go a long way.
- Don’t forget to take videos. Video adds dimension to the property listing by complementing the photos. You can use video to create a virtual tour, which has become very common since some tenants might not be able to tour in person.
Discovering which type of advertising method is best for you will take some time as you continue along your journey as a landlord.
Remember that the more time you put into properly marketing your rental property, the more income you’ll receive in the long run because you won’t be frantically searching for tenants to fill vacancies. You might even get to a point where you don’t have any vacancies at all!
Kind Regards
Julius Czar
Author: Julius Czar
Company: Zillion Technologies Ltd
Mobile: +256705162000 / +256788162000
Email: Julius@RealEstateDatabase.net
Website: www.RealEstateDatabase.net
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