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Rentals & Thinking Too Long!

I recently had 3 clients request that I find them a rental property. I was given the "must haves", and then fortunatley was able to find a few options for each client. Well the clients waited too long and before the week was out - those properties were GONE!

Finding a rental propety is not like finding your "Dream Home", there aren't many options that stay on the market for days, possibly weeks or even months! I have been informed by rental managers that since the influx of foreclosures and short sales, they have seen a rise in rental applications!

There is stiff competition as more often than not, rental property management requires that a renter's credit score be as good or better than one who is buying a home! Owners are collecting applications and waiting to see which applicant has the highest score before making their decision!

Remember, you aren't the only one looking to rent!

Eilean Foster
Keller Williams Realty
Atlantic Shore
(609) 602-6699

Posted Sunday Oct 02