PropertyManagementMaven: August 2014

Which Comes FIRST? The New JOB or the New RENTAL HOME?

Our area has very low unemployment so when job openings do occur, most employers have to outreach to other areas for new-hires.

 

This often means that would-be new-hires are coming to our area for job interviews several times and looking for suitable rental housing at the same time.  I don’t mind discussing renting options via e-mail or phone, however, actually showing rental property is entirely different from showing homes for rent.

FIRST * the rental property, in a hot rental market, may well be rented by the time the prospect/new-hire will be moving;

 

SECOND * since I don’t take rental prospects in my car, my use as an area “tour guide” is nil so their “drive-time” toview a rental property is not worthwhile for learning about the area; and

 

THIRD * they have no “employer/income” source for their application process except for their current job where they may not have given notice.  This completely stalls the application process until their new job is secured.

 

Would-be rental prospects/new-hires are better served using their time to actually get familiar with the area, learn about the schools and amenities as well as secondary job prospects for spouses or partners..... 

 

 Wallace S. Gibson, CPM * GIBSON MANAGEMENT GROUP, Ltd.

LandlordWhisperer

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Comment balloon 21 commentsWallace S. Gibson, CPM • August 27 2014 04:34AM
Which Comes FIRST? The New JOB or the New RENTAL HOME?
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