Thursday, August 11, 2011

5 Ways to Increase the Odds of Getting a Return Call from a Rental Agent


In recent weeks, I have received several phone calls from prospective renters.  Many have stated that they rarely receive return phone calls when contacting real estate agents about the possibility of renting a property.  To assist in this process, I have compiled 5 easy steps that prospective tenants should follow.  These 5 steps are designed to increase the odds of getting a return call from a rental agent.  Simply follow these guidelines, be proactive in your approach, and you will be well on your way to securing your next rental.
  
  1. Obtain a copy of your credit report.  Before contacting a real estate agent, you should first obtain a copy of your credit report.  You can request a copy of your credit report from any credit bureau.  You may also obtain a copy of your credit report from multiple online services such as freecreditreport.com.  When you are ready to make contact with an agent, be proactive in your approach.  Inform the agent that you have a copy of your credit report and be willing to share your credit history with the agent.  This demonstrates your commitment to the process, helps determine the likelihood of your application being accepted by a landlord, and increases your chances of working successfully with an agent.

  1. Be financially prepared.  Before contacting a real estate agent, make sure you are financially prepared to move forward.  In most cases, tenants must pay the first month's rent, security deposit (equal to the first month's rent), pet deposit, and any required move-in fees.  Tenants should also be prepared to transfer all utilities and pay all associated utilities fees.

  1. Focus on a single location.  Before contacting a real estate agent, you should narrow your focus to a single location.  This is extremely important!  Most real estate agents will not travel from city to city previewing rentals.  Therefore, you should narrow your focus to a single location (short radius, vicinity, or subdivision) that is desirable to you.  When contacting an agent, be proactive by assuring them that you have a single location in mind.

  1. Be willing to do some of the "leg work" on your own.  Real estate agents are always happy to provide you with listings.  Once you identify a few properties of interest, drive to the neighborhoods to see if the locations meet your requirements.  Most rental agents will preview properties with you ONCE.  Therefore, you should be prepared to spend this time previewing properties that you are truly interested in.

  1. Be willing to compensate your agent.  To secure an experienced rental agent, you should be prepared to compensate your agent for his or her time.  The compensation package for agents representing tenants is meager at best!  If you are looking for an experienced real estate agent to assist you in securing a rental, you should be prepared to compensate the agent accordingly.   
If you are interested in buying or selling real estate in Alexandria, Lorton, Woodbridge or any of the surrounding areas in northern Virginia and Maryland, please contact me for assistance.  My specializations include first-time home buyers, home sellers, luxury homes, short sales, foreclosures, relocation, and divorce.   
Search the MLS












Lisa Dunham, MBA, CDPE, ABR, ePRO 
Allison James Estates & Homes 
703-298-6546 (Mobile) 

Lisa@LisaDunham.com
www.LisaDunham.com

LinkedIn   Facebook   Twitter   Google Buzz   Google

No comments:

Post a Comment