A Sign or No Sign, Does it Matter?

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Real Estate Broker/Owner with M & M Realty of Brevard Inc. BK629999

A Sign or No Sign, Does it Matter?

I noticed today, in showing clients rentals in Melbourne and Viera, that several of the properties  we looked at did not have For Rent signs in the front yard.

All the houses without signs were vacant.

Does a rental without a sign keep a house from being visible to perspective clients?

Over the past couple of years we have heard about vandals breaking into empty houses and clearing them out.  Some are being stripped of appliances and even the copper wiring behind the drywall.

I provided these customers with a list of rentals online, through our local MLS. The houses they we were looking at were in the $1300 to $1500 a month price range.

Does a house without a For Rent sign in the yard keep potential tenants from seeing the house?  Or do tenants in this price range typically go out looking with a Realtor that has already helped them locate properties, ahead of time, online?

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Rainmaker
1,515,897
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County

There are possibly some locations where a for rent sign may attract vandals but  am not sure that is very often. I d think that in most price ranges people look online.

Nov 28, 2010 12:51 PM #1
Rainmaker
4,797,311
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I think Gary might be right.  Agents and Owners may be vary of vandals.

Nov 28, 2010 11:30 PM #2
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Toni Weidman
Sailwinds Realty - Trinity, FL
20+ Years Selling Homes in New Port Richey, FL

Sandy, most of the missing appliances, etc. here seem to be due to the owners when they have to leave the home on foreclosure. But, we do have instances of vandalism in homes with signs especially if they sit for awhile.

Nov 28, 2010 11:45 PM #3
Rainmaker
671,701
Sandy Shores FL Realtor®, Melbourne Real Estate
M & M Realty of Brevard Inc. - Melbourne, FL
Brevard County Real Estate, Florida's Space Coast

Gary, Thanks for the input. Wondered if others felt that a for rent sign was a sign indicating that the house was sitting empty.

Gabe, It seems that in the higher price ranges tenants search online first.

Hi Toni, Point well taken - that's true too.  We do see some owners walking off with the appliances in a foreclosure situation.  I think it can be a detriment if a house sits empty too long with a stale sign in the front yard.

Nov 29, 2010 01:36 AM #4
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Rainmaker
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Sandy Shores FL Realtor®, Melbourne Real Estate

Brevard County Real Estate, Florida's Space Coast
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