Real Estate 101: What to Look for in a Rental Listing

What to look for in a rental listing is one of the most common questions asked by people looking for a good rental listing, whether they’re the renters or the landlords.

It’s the exact same reason we’ve prepared this guide to help you figure out the things to look for in a house for rent listing in Ocean City, Maryland, for example.

Image Credit

Things to Look for in a Rental Listing

Cut through the clutter and know what to look for.  Check these out. No matter you’re looking for a single-family house or a condominium property,   you should be prepared in spending a lot of time commuting or driving around to look for the promising rental properties in your target location.

Also:  Amazing Real Estate Listing Photo Tips

Now to help you save some time and visit only homes that match your criteria and specifications, you should know what to look for in a rental listing whether online or offline channels, such as newspapers.

First of all, real estate listings should contain all the information you need.  A high quality listing also indicates a professional landlord that knows what matters when listing his rental property.

Image Credit

Specific information

First of all, there must be specific information on the number of bathrooms and bedrooms in the property. That is because it’s one of the first things that families or renters are looking for when comparing various listings.

Detailed details also include square footage, floor plan and storage space.

Avoid those listings with vague information,, such as an open bedroom. If you’re a landlord, attract more tenants by getting creative but detailed in your listing.

Know of these specific details that tenants are more likely than not look for when comparing homes for rent in the neighborhood.

Another thing to check is the community’s safety.  As while most landlords will say that the place is safe, it is still wise to do the homework and find detailed information about it.

On the web: Moving to a New City? 9 Tips for Finding a Place to Rent

If you want to, you can ask an experienced real estate agent in the area for help and guidance. You might also ask him of any relevant listings about a property for rent in the neighborhood.

Also, if you’re new to the place, you should look for facts about the community, and these details include major freeways or closeness to public transport, among other things to help you determine if it is worth living in that location or not.

The area must also be near entertainment and recreation options. If possible, it must also be close to place of work to minimize travel time and save on fuel.

Also: How to Drive Traffic to Your Real Estate Listings

Amenities and features

When looking for a rental property, you must also look for one that has the important features and amenities that will make your living convenient and comfortable. Some of these include private outdoor space, in-unit laundry and storage room.

If there are shared amenities, they must also be listed. Some of these include swimming pools, outdoor space, rooftop decks and bike storage.  Look for these details when checking a rental listing.

Main property policies

The landlord must be transparent and honest enough in disclosing any major policies that may be problematic or may be a deal breaker for potential tenants.

What are the pet rules? Don’t they accept large or certain breeds? You should look for the information that might prove to be a conflict right even before considering that specific property.

A few other things to take note of regarding policies include smoking, noise and the number of people that can live in the unit or home. You should also check for the lease length and terms.

On the web: 9 Great Ways to Find Tenants for Your Rental

Costs

Another thing on what to look for in a rental property includes the detailed cost broken down or listed in dollars and pennies.  Some costs details to look for are….

  • Monthly rent
  • One-time fees
  • Utility payment (who does it?)
  • Deposit required (refundable?)
  • Parking monthly fee, if there is
  • Pet fee

Make sure to determine the costs by doing the math early on while hunting for a house for rent. Being able to calculate the costs beforehand will also help you make a better decision as to whether or not to rent the property.

Photos

What to look for in a rental property? Don’t forget the photos – high quality photos.  In addition, check those with photos of both the exterior and interior of the home.  You should also look for shared amenities’ photos.

Bottom Line

When looking for a house for rent, whether it’s a single family home or apartment, check and compare listings. Know what to look for in a rental listing to set your expectations straight from the beginning and help you select the right rental property.  You should also do your homework so that you can find the home that fits your needs and requirements.

Did you find this article useful? Share it on Facebook today!