In order to manage the rental of an apartment or a house, the owner has the option of using a professional rental manager. The services of a rental manager range from putting the real estate advertisement online to finding and invoicing the tenants, including the maintenance of the accommodation. The goal is to lighten the administrative and physical burden of the owners of a property to rent, while guaranteeing them a regular income. For this, it is necessary to choose a competent and trustworthy agency.
What is rental management?
The objective of rental management by a third party is to take over a lease contract in favor of an owner. The manager must allow the landlord to increase his rental income and spare him the constraints related to the maintenance of a property. He can carry out a set of personalized actions such as :
-a study of the real estate market to advise on the best price to set for the rent ;
-the drafting and the diffusion of the advertisement of the accommodation to be rented on the dedicated web platforms;
-processing of the tenants' requests throughout the occupation of the place;
-securing and following up on the payment of rents;
-the inventory of fixtures on departure;
-cleaning, maintenance and upkeep.
The steps of a rental managed by a professional
The agency specializing in real estate rentals begins by determining the quality of the property, based on information provided by the owner. It can be :
-an apartment, a room or a house;
-a primary or secondary residence;
-a furnished or unfurnished dwelling.
The future administrator of the property must also ensure the viability of the habitat. The place must comply with the regulatory and sanitary requirements defined by law. The absence of risk to the health and safety of the tenant must be guaranteed. A visit is carried out in order to note the state of the premises and to judge the potential of the dwelling. The estimation of the rent is based on the rental manager's thorough knowledge of the market prices. The latter takes into account criteria such as
-the attractiveness of the city
-the atmosphere of the neighborhood
-the surface area
-the possible work to be done;
-the services offered by the building.
If an agreement is reached with the landlord, the professional takes charge of the search for the tenant and the signing of the contract. The rental management with Guestreadyis the promise of a clear and reliable communication with the occupant, without constraining the owner.
Pitfalls to avoid when making a rental investment
Becoming a landlord with a view to a rental investment is often the decision of a lifetime. There are many pitfalls to avoid, such as
-neglecting the choice of the location, it is an error whose consequences impact the level of the rent, the value and the profitability of the house;
-not studying the real estate market precisely and overestimating the expected gains;
-conclude a sale at a distance without having visited beforehand;
-not having an expert to estimate the possible works or to detect hidden defects;
-not anticipating the additional costs related to charges, taxes or even accidents;
-trusting a real estate agency without checking its activities, reputation and client feedback.
Rental management with Guestready is the owner's assurance of peace of mind. In the case of short or medium-term reservations, several customized services are offered. These range from writing the ad accompanied by professional photos to welcoming guests, including an Airbnb concierge service. The services offered are equivalent to those of a high-end hotel in Paris. As a property rental specialist, Guestready takes care of tenant selection, payments, cleaning, provision of clean linen and beds, and maintenance.
