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As part of the tenant placement process, our team conducts a thorough evaluation of the property. This involves obtaining high-quality pictures of the property, both interior and exterior, to showcase its key features and attract potential tenants.
We perform a comprehensive market analysis to determine the optimal rental price for the property. This analysis takes into account factors such as location, size, condition, amenities, and prevailing rental rates in the area. Setting the right rental price helps attract tenants quickly and maximize the property’s income potential by minimizing vacancies.
To attract potential tenants, we employ various marketing and advertising strategies. This typically includes listing the property on popular rental listing websites, leveraging social media platforms, utilizing our own website as well as providing our landlords with the option of featuring their home on the Ottawa MLS and viewable on Realtor.ca. We may also use traditional advertising methods like flyers, signs, and local publications to reach a wider audience depending on the location, property type and length of tenancy term.
As inquiries and applications come in, we conduct a thorough screening process to ensure the suitability of prospective tenants. This process often involves verifying employment and income, conducting background and credit checks, and checking references from previous landlords. Learn more
Coordinating viewings and property showings is an important part of the tenant placement service. We schedule appointments with interested tenants and showcase the property’s features and amenities. Our team guides prospective tenants through the property, answering any questions and highlighting its key selling points.
Once a suitable tenant has been identified, we assist in the preparation and execution of the lease agreement. This involves outlining the terms and conditions of the lease, including rental price, duration, and any specific rules or restrictions. The lease agreement ensures a clear understanding between the landlord and tenant, protecting both parties’ rights and responsibilities. We adhere to Ontario regulations and use the Residential Tenancy Agreement (Standard Form of Lease).
We facilitate the smooth transition of the tenant into the rental property. This may involve conducting a move-in inspection, documenting the property’s condition, and ensuring all necessary paperwork and payments are completed. Additionally, we may provide tenants with relevant information such as utility setup instructions and our emergency contact details.
By offering these comprehensive tenant placement services, our aim is to attract qualified tenants efficiently and minimize vacancies for the properties in our clients real estate portfolio.
We’ll research the type of property, it’s location as well as current market trends to provide you with your FREE Rental Market Analysis.
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