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Archive for June, 2011

Using the MLS to find a tenant for your Rental?

J. Andrew English J. Andrew English
Thursday, June 23rd, 2011

The MLS is the single best method to find a tenant for your residential rental property. I would challenge anyone to dispute this claim and provide evidence to the contrary.

Why?
With the changing resale market, the rental market has strengthened across the country. Not only are rental prices up but the time it takes to rent a property is down. Look at it this way, people need a place to live. If you default on your home and lose the property to the bank, you still need a place to live.

How does it work?
The MLS has sep sections for residential sales, rentals, commercial, etc… The rental listings appear just as a for sale listing would appear.  (price and commission are of course listed differently)

Rather than waste your money with the local newspaper, consider placing a rental ad in the MLS. I can almost guarantee you will see more activity from the MLS for your rental than any other advertising outlet.

When to add Photos to your MLS Listing

J. Andrew English J. Andrew English
Thursday, June 9th, 2011

It is always best to add photos to your MLS listing before the listing goes active on the MLS. The reason for this is that the longer you wait to add photos, the more likely your photos will not appear on various 3rd party websites. By adding your photos from the very start, all 3rd party sites should pick up the photos.

How do I ensure Congress Realty has my photos? Prior to faxing or emailing your MLS documents to us, add your photos to our pre listing manager or email the photos to info@congressrealty.com.

What to do if you choose to add your photos at a later time after the listing is active? Email the photos to info@congressrealty.com or add them to the private client area. Do not add them to the prelisting mang after the listing is active.