There are many factors that may contribute to an extended vacancy. Some of the reasons may be that the property is overpriced, it lacks amenities compared to other rentals in the neighborhood, its location, it does not show well, it has outdated appliances and/or shows a lack of maintenance, it lacks curb appeal including paint, landscaping, neighbors etc. In addition, the time of year your property becomes vacant may contribute to a longer vacancy where less people tend to move during the winter months especially from late November until the end of January. However, Carmazzi Real Real Estate normally rents out its managed properties in 30 days or less when priced right and in rent ready condition.
Why hasn’t my property rented yet?
on August 25, 2012 with No Comments