Buying a house is often a fun and exciting time. Selling your house can be bittersweet.
Fortunately, landlords selling their rental property aren’t always met with the same sentimentality of selling their family home.
Are you thinking about putting your rental property on the market this spring?
Read more from the Leederville real estate agency, Pro Property Group, on what you should do first.
Enhance your gardens
With spring finally here it’s time to get reacquainted with your rental property’s outdoor areas.
Whether it was agreed upon in the last tenancy agreement that the tenant maintained the garden themselves or not – it’s time to pull out your own green thumb.
Here’s what to do:
- Wipe away those winter weeds (there’s a variety of weed killer products at your local hardware store)
- Pressure wash the pavers and/or deck
- Lay down some fresh mulch
- Plant some fresh and hardy, no or low maintenance plants, flowers and/or shrubs.
By putting your rental property on the market, you want to guarantee love at first sight for at least one prospective buyer. Increase your chances with beautifully presented outdoor areas.
Tackle maintenance issues head-on
If there’s general wear and tear to your rental property that hadn’t been addressed during previous lease periods, it’s time to address them now. Most buyers want move in ready properties that pose little to no problems whatsoever once the sale goes through.
So, consider what you yourself would want out of a property you’re looking to purchase.
Consider addressing the following (if necessary):
- Organising professional, residential painting
- Installing new LED lights
- A new hot water system if it’s coming up to or past its lifespan
- Air conditioning installation, repairs or maintenance
- Repairing broken or loose roof tiles
- Fixing any water damaged areas (including exterior paint rot)
- Cleaning and clearing out roof gutters.
What a tenant might have forgiven, a prospective purchaser likely won’t. Tackle your rental property maintenance head on now to boost your chances at a faster sale at the price you want.
Consider a new style
Has your rental property gone through countless of tenants across many, many years? Chances are, style trends have come and gone in this time period, meaning your rental property is falling behind.
A modern reinvention (aka renovation) could be just what the next buyer is desperately looking for.
Relax, this doesn’t have to be an all or nothing venture. Perhaps you need only renovate one or two bathrooms or update your kitchen to meet 21st century functionality requirements.
On a smaller scale, replacing bold coloured, textured feature walls with plain, easy-going white can help prospective buyers envision a blank slate to meet their style needs.
Let Pro Property Group sell your rental property
Here at Pro Property Group, we have the combination of expertise, quality services and care needed to help clients buy, sell or lease properties in Perth.
Are you looking to sell your rental property in Perth?
Trust Pro Property Group to list and manage it for you.
Contact our professional Perth property management and real estate team today.
