Do Rentals Need Open Houses?

What a day yesterday. I was on floor for our property management department and enjoying a very quiet morning. Always plenty of paperwork and filing to catch up on if the phone is not ringing... Well that did not last long. Just before noontime the phone began to ring and ring and ring. Funny thing is it was all for the same house. It was if everyone decided to check out this home at the same time. I began setting appointments all for around the same time, 15 minutes apart and ended up with 5 showings. On my way to the home for the first appointment the receptionist called saying someone had seen the sign and was there now, making it 6 appointments for the same home.

So what was the draw? Not only was this a 4 bedroom pool home it also had a second full lot with a huge garage on it. And it was priced right to be rented quickly.

Needless to say most everyone loved the home. They all spent more than the alloted 15 minutes touring the property and ran into each other. The last 2 parties seemed the most interested so I asked them to get in their applications as soon as possible as we only run one at a time. Both did end up coming win with their applications just before our closing time. I took the second couple's application as a back up, they are of course hoping for the best.

Rarely do we get such a response to a rental home. Most of our rentals do rent quickly now since we seem to be experiencing a shortage due to current market conditions.

If you are looking to rent your home in St Lucie or Martin County give us a call. I will be glad to discuss options of renting vs selling in this market.