Multiple Advertisements for My Rental Listings

I have been often asked why there are usually more than one advertisement for my houses listings on Craig’s List, Trulia, Hot Pads and Zillow.  Not because the property is undeserving, but because they see a different contact person in each ad!  Here’s my short explanation:  The residential real estate rental industry has become extremely active in the past few years – this has resulted in increasing competition amongst property managers and leasing agents (including yours truly) to rent houses.  Although the rules to advertising house listings is clear cut on the multiple listing service (MLS) it is less so for third party advertising web sites like Craig’s List, Trulia, Hot Pads and Zillow.  The main reason is that landlords and owners don’t always establish rules with the property managers and agents that are renting their homes for these websites.  The motto in the rental world is “GET IT RENTED!”  As a direct contractor for Invitation Homes I gather all rental information; rents, security deposits, application process-fee’s-processing times, approval guidelines and more ALL DIRECTLY FROM THE OWNER.   As the owner’s agent working with me is the same as working with the owner directly.  Do not trust third party advertising unless you see the Invitation Homes name and California BRE or my name as agent for Invitation Homes with my California Realtors BRE.

House Rentals are Movings FAST!!!!

I hope everyone had a safe and enjoyable Memorial Day weekend – but so much for taking time off – this weekend was a WORKING weekend!  For those searching for rentals just know that the rental market is heating up – HOUSES ARE RENTING QUICKLY!  With inventories of rental single-family homes down, it is more challenging finding a rental that doesn’t already have an application on it.  But Don’t get frustrated, get prepared!  DRIVE THE SIGNS!  It may sound like a waste of time but being in the right place, at the right time is how renters are scoring their next home!  We showed a 4-plex in Torrance California this weekend and received multiple applications for the same unit – but only 1 applicant had a copy of their picture ID, 4 weeks of pay stubs, and a blank check for the application fee.  Guess who’s in the front of the line for the unit?  It was another lesson that if you plan on attending a house rental viewing, come prepared!

California has been a Seller’s Market!

California has been a Seller's Market!

50% of home sales selling in the first 6 weeks of being listed – this is a sign cash buyers and buyers with financing have come to the table PREPARED AND READY TO BUY! If your considering buying a home know that your competition is going to be very prepared to make an offer and deliver! Questions on how to prepare to buy a house – contact me directly at buyorrentmyhomes@hotmail.com!