Is
it better to have a term lease or a month to month agreement?
There
are pros and cons to both arrangements. Because there can be significant
expense to a turnover most of our leases are completed on a term basis
for one year at a time. This gives us time to evaluate the success of
the relationship, adjust the rent if both parties wish an extension and
prevents turnover of the property at an unexpected or disadvantageous
time frame. Talk to us about your goals and objectives and we will advise
you on the merits of either option.
How
long will it take to rent the property?
Market
time is a variable depending on competition, pricing and condition. Because
our leases are designed to allow the marketing of properties while they
are still rented, most homes are re-leased with almost no vacancy period.
Generally if your property is kept in good repair and priced appropriately
your vacancy time is minimal. We counsel our owners on this matter as
it relates to their property and current market variables. We give the
property the broadest possible market exposure through the utilization
of printed media (classified ads), Multiple Listing Service, Internet
Sites and through contacts with local Relocation companies and Corporate Human Resource
divisions.
