Class Inc. is the nationwide leader in leasing. We offer vacancy solutions that include training your staff with the techniques to increase occupancy. In our last blog we started discussing how renting can be more advantageous than buying and will continue this week. We hope these selling points are helpful to you in your leasing efforts when communicating with prospects.
- No down payment. Sure apartments need security deposits but if you are looking to buy in a competitive market your down payment can be between 3.5% and 5%, which can easily be over $10,000. Compared to that, coming up with a security deposit is easy and it’s possible that the deposit may be returned at the end of the lease.
- Flexibility. Being tied down by a house limits your flexibility– ask anyone who has sat for months, or years, with a house on the market. Leasing, on the other hand, gives you flexibility. You can move as often as you want or need to. If your job presents opportunities for promotions or transfers it is much wiser to rent.
- Property Taxes. Rental property property taxes are paid by the landlord so there is no need for you to worry about the added expense all homeowners incur.
- Insurance costs. Renters insurance covers only your possessions making it a much more cost-effective option than the insurance a homeowner owner must maintain. This is yet another way that renting saves you money.
We hope these selling tips are useful to you and if you feel you can use our services, don’t hesitate to contact us.