Tip #81: Spying on the Competition
Even if you don’t run your rental ads on online classified websites, there’s still a good reason to check them out – spying on the competition.
When deciding what rent to charge, the online classified services make rental comparisons quick, painless — and private. You can narrow searches for specific areas and amenities with just a couple of clicks, and many ads come complete with photos or video tours so you can compare the condition of your property with others currently available. Find out first hand what tenants see when they search for apartments.
And, these sites offer the perfect cover to see what other landlords are doing in your area, or anywhere else you’d like to explore.
American Apartment Owners Association offers discounts on products and services for landlords related to your rental housing investment, including rental forms, tenant debt collection, tenant background checks, insurance and financing. Find out more at www.joinaaoa.org.