One of the most important roles as a realtor is to set expectations for rental clients with regards to
- Availability
- Budget
- Turn-around
- Space
Some of the biggest shocks to renters include:
- Having pets drastically reduces what's available. Large pets narrow the selection even further
- Expecting a landlord to keep a rental vacant for over a month greatly reduces your chance of getting the unit
- Short term leases (less than a year) cost a landlord substantially, both due to lost income from vacancy and the cost of restoring and finding a new renter
- If you've looked at a half a dozen units and everything is way off the mark, then things are very unlikely to improve.
As a realtor it's important to convey this information. As a renter it's important that your realize that ignoring your realtor's advice will quickly land you without a realtor. No one likes to be ignored, but more importantly your realtor doesn't want to waste your time and the realtor's time chasing possibilities that will never happen.
Why buy a home in {Location_Name}?
As found in a Realtor.com® survey of more than 1,000 home shoppers, many young adults are being pushed towards owning a home due to the increasing rentals costs, with 23 percent of those between the ages of 18 and 34 citing rising rents as a trigger for purchasing a home. Realter.com®'s chief economist Danielle Hale explains that even in the current unique housing market with low inventory and high prices, most shoppers still want some classic features. Older home-buyers desire privacy and the ability to age comfortable while millennials emphasize family needs, stability, and personal expression.