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Renting Real Estate Advertising Tips

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Education & Training with Coaching By Peter-Real Estate Investment Coach

If you cannot get people to look at your property, it is pretty much impossible to find someone to rent.  This is precisely why you want to focus on advertising when renting real estate.  There are a few things you can do to get results with your advertising.

 

Some of the typical advertising methods include running an ad in the newspaper, putting up signs in front of your property, or placing fliers on cars and on bulletin boards.  However, the internet has made it far easier for you to reach potential renters through numerous methods.

 

You can now get far more for your dollar than you used to be able to when renting real estate.  It is almost standard to submit a newspaper ad online since more and more people are searching on the internet.  It is also recommended by newspapers as they need fewer employees if you submit your own ads.

 

Something that has made it easier to rent out real estate is the ability to add a photo for free.  It is possible to upload a photo or a multimedia file without spending a penny.  You can then opt to play around with the file if you want to pay a small fee such as choosing a black background with white lettering or adding borders.

 

As you begin your advertisement when renting real estate, you want to provide as much information as possible.  Newspapers will typically charge a flat fee for running an ad for a month for three lines.  From there, most newspapers will charge per day for each extra line you have.

 

What you will find is that it is difficult to get a lot of information in three lines.  You want people to know as much about your property as possible.  Because of this, consider creating a web site for the rental property.

 

To many people's surprise, it is actually not all that hard to create a web site.  You will find that web sites have an endless amount of space where you can list all of the features and benefits of the rental property.  From there, you can use this web site address as your marketing.  Send people directly to the page so they can see everything the property has to offer.

 

If you are going to get into renting real estate, it is vital you understand how to reach your target market.  Without potential buyers, you are going to be stuck with property you do not want.  Turn to the internet as this is the new wave of the future for marketing real estate today.

 

 

Peter Vekselman-Real Estate Trainer

www.coachingbypeter.com

 

 

 

 

 

 

 

 

 

Comments(2)

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Ken Tharp
Iowa Equity Exchange - West Des Moines, IA
Section 1031 Exchanges, Iowa/U.S.

Peter - In our market in central Iowa, newspaper advertising for rentals by owner has almost stopped. About the only way I find qualified tenants is through craigslist. Putting a sign in the yard generally results in people expecting the price to be $200-400 lower than it is. On craigslist, they can see photos and I can tell all about the house, weeding out all those who aren't serious.

It's been working for me anyway. Good suggestions in your blog.

Feb 06, 2009 08:53 AM
Tere Rottink
CoastalVa Realty Inc - Virginia Beach, VA

Peter:

Besides Craigslist, can you suggest websites to put your rental adds?  Free if posible.

Otherwise, very good information,

Tere

Feb 09, 2009 05:48 AM