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Posted by Hannah Lapin ● Jul 10, 2018 10:25:59 AM

Top 10 Ways Renters Evaluate Properties

As a property manager, you know that a significant part of your role is marketing your properties to tenants. In today’s day and age, there are ample websites to list your rentals. Landlordology even has a list of the top 35 listing sites for rental properties. Needless to say, managing 35 listings for one property is a lot of work. So how do you know the best ways to attract tenants? A good starting point is to look at how tenants decide where to live. AppFolio, a leading property management software for landlords with 50+ properties, polled tenants to find out their methods. Here are the top 10 approaches to evaluating properties that they found:

  1. Searching rental listing sites such as Zillow and Apartments.com- 77.1%
  2. Searching Craigslist- 58%
  3. Visiting potential rentals- 57.6%
  4. Visiting property management company websites- 54.6%
  5. Talking to friends, family, or colleagues- 49.3%
  6. Deciding a move-in date- 44.6%
  7. Driving around neighborhoods- 40%
  8. Giving notice to current landlords- 39.5%
  9. Interacting with landlords/property managers- 34.6%
  10. Browsing social media- 21.5%

 

Want more insights on renters like their communication preferences and why they move out of their rentals? Check out the AppFolio webinar “Did a Renter Just Pass You By? Reaching Today’s Customers.” Want more tools for property managers? Check out our Property Manager Program.

Join Our Property Manager Program

 Related: Top 10 Reasons Renters Move, Our Top 3 Tips for Tenant Retention

Topics: Landlording, Real Estate Investing, Property Management