Staging for Oklahoma City Property Managers
A common frustration among Oklahoma City property managers is how long it can sometimes take to get a particular investment property leased. Some properties don't lease well because of the neighborhood, or renters think the price is a little high or maybe the market is down. However, there are other investment properties that don't have any of the above mentioned problems and investors, or their Oklahoma City property management companies, can't seem to get them rented quickly.
If you are one of the Oklahoma City property managers experiencing this right now, it may be time that you consider staging the rental property that's giving you trouble. Of course, when many Oklahoma City property management experts think about staging, they think about bringing in rented furniture, rugs, lamps, curtains, etc. And, while this form of staging usually works well because renters are able to see how various spaces can be utilized, it can be expensive to do. It also isn't the only form of staging available either.
The most affordable staging solution for Oklahoma City property managers and the investors they work for is the "fix it up" staging mentality. See, the problem most hard-to-lease rental properties experience (when they don't have pricing, location or market issues) is that they need to be fixed up a little before prospects come in and see them. You're probably thinking that this isn't staging, it's something you always do before a new renter moves in. However, the question is "do you do this after you've got a lease agreement or before?"
Basically, what most professional property managers in Oklahoma City will do in this situation is take a notepad and a pen to the property, walk through it and write down everything that needs to be fixed. For instance, putting fresh paint on the walls, replacing old light fixtures, shampooing or replacing bad carpeting, deep cleaning the kitchen and bathrooms, etc. are all things that will make the properties show better.
While real estate professionals like you understand these things will get fixed before the new tenant moves in, most new tenants aren't able to grasp that. They think that what they see is what they get. Therefore, help them out a little and stage the property first.
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9636 N May Ave Ste 275
Oklahoma City, OK 73120