3 Great Reasons to Rent Your Home to a Section 8 Voucher Tenant

1630 N Smallwood - Rented - Baltimore Tenant Placement - Section 8 Tenant Have you been thinking about renting your property to a Section 8 Voucher Tenant? If you answered Yes, you probably know that there are many different types of tenants with different sources of income. Most people are employed and work for a living. However, there are people who due to circumstances may have a different source of income such as, Section 8 vouchers, BHRP Vouchers, SSI (Supplemental Security Insurance), and SSDI (Social Security Disability Insurance), just to name a few.

Today, I’m going to give you 3 great reasons to rent your home to a Section 8 voucher tenant also known as a Section 8 voucher holder. Fortunately, you can apply these reasons to all permanent housing voucher programs.

Guaranteed Rent Each Month

The biggest risk associated with property rentals are non-paying tenants. Landlords can lose thousands of dollars trying to evict a tenant from a rental property. Consequently, once the tenant is out of the home, the landlord loses again because the property must be cleaned and repaired. That will cost more money, and ultimately leads to more losses. Therefore, the hugest benefit that a Section 8 voucher holder can guarantee is cold hard cash in your bank account each month. And the great thing about government checks is that the money always arrives on time, and the check always clears.

Minimize Financial Risk/Loss

The easiest way to minimize your financial risk and any potential financial loss is to rent your property to a Section 8 tenant. The Section 8 voucher will cover most of the rent. The voucher holder is responsible for a small portion of the rent. The tenant’s portion is based on their income, specifically 30% of their income. So, if the Section 8 voucher holder receives $1,000 per month in household income, the tenant’s rent is $300 per month.

Therefore, there is some risk involved. However, it’s greatly minimized when you can depend on the housing department and local government to pay the largest portion of the rent.

Peace of Mind

Managing and owning rental properties can be stressful. And anyone who has ever had a non-paying tenant can attest to that. It can cause great stress in your life and can even strain your personal and business relationships. Therefore, it is no small matter.

That is why, peace of mind is listed last, but not its value is not least. In fact, its invaluable. Renting to a Section 8 tenant can help you move towards peace of mind. At least concerning rent collections and property management. Just keep in mind, renting to a Section 8 tenant is in no way different than renting to a tenant who is employed and does not have a voucher. However, you have an added benefit of knowing without a doubt each month that you will receive a check from your local government’s housing department.

Finding paying tenants is the hardest part of property management and owning rental properties. However, renting your home to a section 8 voucher holder can greatly affect your finances, and your state of mind. If you are interested in renting your property in Baltimore to a Section 8 tenant, we can help you. Contact us at The Baltimore Tenant today at 410-994-6159.

February 10, 2020February 10, 2020

Top 7 reasons FSBO Baltimore Sellers Fail

FSBO Baltimore For Sale By Owner Are you a FSBO Baltimore Seller? Are you interested in selling your home without the help of a real estate agent? If your answer is yes, we would love to help you make that a reality. However, there are pitfalls that a FSBO Baltimore seller can fall into, and we want to help you to avoid them. So, today we will review the top 7 reasons why FSBO Baltimore sellers fail.

#1 – Limited Marketing Exposure

Most FSBO’s in Baltimore use Zillow to exclusively market their homes. Unfortunately, this means that over 25,000 real estate agents may never see your home. And consequently, a large percentage of their clients will never be aware of your home existence.

Advice: Find a realtor that will list your home on the MLS for a flat fee. Listing your home on the MLS maximizes your marketing reach. And many of the real estate aggregate websites including Zillow.com will post your listing for free. Click here to learn more about our MLS Listing Only Pricing Plans.

#2 – Scams

Tricksters, and scam artists love FSBO’s. They intentional lurk on Zillow looking for a FSBO to scam. Whether you want to believe it or not, FSBO’s have the tendency to be inexperienced and ignorant about the home buying process. At times FSBO’s in Baltimore are faced with fraudulent documents, including appraisals, inspections, earnest money deposits, fake deposits, foreign bank accounts and more.

Advice: Hire a realtor or a real estate attorney to look at any potential offer, and all accompanying documents.

#3 – Serious Offer, How Do I Tell?

Identifying a serious offer is invaluable. I mean, who wants to spend months working with a buyer only to find out the buyer can’t close the transaction. Therefore, it is advantageous to know what is considered a serious offer, versus someone that is all talk. This means that a proper contract of sale must be signed. Then a determination must be made about the financial fitness of each potential buyer based on his or her submitted documents. You’ll also need to manage an escrow account for the earnest money deposit. However, please be very careful, plenty of people have been sued righteously for misappropriating the EMD.

Advice: Make sure that you collect the earnest money deposit. If you’re unsure about what to do with it, call a real estate broker or a real estate attorney. Title companies can hold the earnest money deposit as well. Just make sure that you get a receipt from your title company showing that the money has been deposited into an escrow account.

#4 – Liability and Damages

FSBO Baltimore sellers are liable for any damages that may arise from the transaction. You can be held liable for any error or omission that occurs on the contract of sale, disclosures, or addendums. However, when you hire a real estate agent they become liable for damages that could arise from the transaction. Realtors and brokers are also protected by a state guaranty fund, as well as, errors and omissions insurance. But, if you are a FSBO Baltimore seller and are not bonded and insured, then you are leaving yourself open to a lot of liability. This is especially true, if you do not have any real estate sales experience.

#5 – Time, Time and More Time

FSBO’s tend to under estimate the amount of time that it takes to sell a home. If the house isn’t on a lockbox, then the homeowner will be required to be onsite for all showings. However, if the home is on a lockbox, then you are essentially giving free access to your home to all who are interested. And believe me scam artists are very aware of the FSBO’s who have a lockbox on their home. If you give them access to your lockbox, you are leaving yourself open to criminals.

You’ll also need time to review contracts, communicate with inspectors, appraisers, title agents and lenders. Therefore be aware that selling a home is a full time job. If you don’t have the time, hire an agent, or find a friend.

Advice: Have a neighbor or someone you trust show the home for you in the event you cannot. If you decide to put the home on lockbox, carefully document who has access. And, if possible try to only give access to real estate agents who are generally a lot more trustworthy with a lockbox code, than investors.

#6 – Overprice Home

Due to lack research or using Zillow home price estimates a FSBO Baltimore Seller can easily overprice their home. This can be very detrimental to a FSBO because precious time is loss on the market. When a property is overpriced it becomes damn near impossible to find a buyer. And if a buyer is willing to put in an offer, it will be a lot lower than expected. Because unlike some FSBO’s, homebuyers and investors do their homework.

Advice: Conduct proper market research or give us a call and we can do it for you. Check out our market research pricing plans.

#7 – Underprice Home

A recipe for failure ensues, if a FSBO can’t properly research the property value and the local market. Most FSBO’s in Baltimore want to sell their homes independently to avoid real estate commission fees. However, if they are not trained, they can potentially lose thousands of dollars by underpricing the home and unintentionally leaving thousands of dollars on the table.

Advice: Perform proper market research or give us a call and we will do it for you ($99). Check out our market research pricing plans.

As you can see there are many pitfalls that FSBO Baltimore sellers can fall into, and we want to inform you about what they are. Now that you know better, we expect you to do better. But, if you can’t do better, give us a call. We offer flat fee listing only services for FSBO’s who still want to sell their home without any help. And for those FSBO Baltimore sellers who are just fed up we offer full real estate services, too. We are here to help, give us a call today.

February 7, 2020April 6, 2021

Top 3 Reasons FSBO Maryland Sellers Don’t Succeed

3 Reasons FSBO Maryland Sellers do not succeed FSBO Maryland sellers fail at most things in life. Just kidding, they just don’t succeed at selling their home most of the time. Of course, there are a few that get lucky, but they tend to be far and few in between. In this article, we will give you the top 4 reasons FSBO Maryland sellers don’t succeed.

Emotional Ties to the Property

Homeowners who consider their property a homestead usually have an emotional connection to it. This can make it extremely hard to hear criticism from buyers. So when someone says I hate the paint color and why would they put that awful picture on the wall, you have to remain professional and remember the criticisms aren’t personal.

FSBO Maryland Sellers are too emotional. Having an emotional connection to the home can also prevent you from seeing the true value of your home. You may think your home is worth $250,000, however research says it’s only worth $185,000. So, be sure that the emotional connection you have to the home isn’t clouding your ability to see the real number (value). And by real number, we mean the number that your house will actually sell for.

Insufficient Market Research

FSBO Maryland sellers suck at market research. Sorry, not sorry. I mean, you guys really do. But it’s not completely the fault of the FSBO. In order to do proper market research it is advantageous to have access to the MLS. Therefore, if you’re using information from Zillow and Redfin to do your market research, please stop now. Get out and start networking. See if you can find a realtor to work with, who can help you with your market research.

I’m not sure if you know, but we can totally help you with that. Give us a call today; our licensed realtor will supply you with an up-to-date market research packet (Comparative Market Analysis) for $99 per property. Click here to learn more about our Market Research Pricing Plans.

Real Estate Agents and Buyers are more likely to overlook your home.

FSBO’s aren’t really good at listing homes. Descriptions tend to lack information that is important for agents and buyers alike. Not to mention their pictures suck; no editing, bad angles, etc. Also, FSBO Maryland sellers aren’t good at paying the buyer’s agent commission.

Keep in mind; if a home is not placed on the MLS for the maximum amount of marketing exposure then it is possible most homebuyers will not see it. Zillow aggregates data from the MLS, so it’s not only showing FSBO properties, but also every property that is posted on the MLS by professional agents. So, if you are a FSBO and you would like for your home to have more visibility, list your home on the MLS with a realtor as a Listing only. This means that your listing will get maximum exposure, but you’ll still have the ability to remain a FSBO Maryland seller.

If you’re a FSBO and would like help overcoming some of these disadvantages, our licensed realtor would love to help. And we are sure that you would too? We can help you sell your home and maximize your marketing exposure. I don’t know what you’re waiting on, give us a call today, we’re waiting on YOU!

January 31, 2020January 30, 2020

The 7 Scams Behind “We Buy Houses” Signs in Baltimore

We Buy Houses in Baltimore. I know you’ve seen those signs. We see them often while we’re driving, when we’re walking. You know, those signs that say, “We Buy Houses”. I remember thinking as a youngster; those people must be investors, or someone who have the ability to buy a lot of homes. What I soon learned is that those ads are scams. And the people who place those ads are called wholesalers. I will introduce you to, 7 scams that wholesalers run and the real scam behind “We Buy Houses” signs in Baltimore.

Scam #1 – We Buy Houses

Wholesalers do not buy houses. Want proof? Ask them to provide proof of funds or a preapproval letter. I can bet you they won’t be able, or willing to provide it.

Scam #2 – We can offer you money.

Wholesalers do not actually offer money. They are simply offering a reassignment contract with an offer price, and a marketing agreement. If they can’t reassign the contract to an actual buyer who has proof of funds they will not offer to buy your home with their own cash money. Real estate wholesalers are somewhat of con salesmen, not honest investors.

Scam #3 – Lowball Offer

Any offer that a wholesaler presents to you will be a lowball offer. They will never truly tell you the value of your home. It’s not in their interest to tell you the truth. Providing truthful information to the property owner about the true market value of any given property prevents the wholesaler from maximizing their profit. So, it’s not that wholesalers want to be liars and scam artists; they have to be liars and scam artists to be able to turn a profit.

Scam #4 – Zero Commission, Zero Closing Cost

No commission, no closing cost. These are pretty big lies in my book. But, I guess if I was under cutting my clients by $10,000 on each transaction, I could also claim zero commission and no closing cost. After the original sales contract is signed the wholesaler increases the sales price and begins marketing the home. The final sales price subtracted by the offer price is the commission amount the wholesaler has stolen, I mean scammed, shucks, I mean earned. 9 times out of 10 the commission the wholesaler earns will be higher than if a realtor was hired and the seller paid the commission and closing cost.

Scam #5 – We can sell your house fast!

We can sell your house quick. Any house can be sold quickly as long as the circumstances are perfect. By perfect, I mean cash funds, no inspections, clean title, and an agreement between the buyer and seller to close quickly. Any real estate agent, wholesaler, grandmother, or Jack Russell can get a home to settlement within 2 to 3 weeks with those circumstances. Wholesalers aren’t special they just lie enormously in there marketing.

Scam #6 – We can sell your house faster than realtors.

Wholesalers don’t have any special tools to market properties. They belong to Facebook groups, Meet-up groups and Zillow. After you market one or two homes you can have quite a big email list. The list usually consists of investors and real estate agents. The property is generally marketed towards this group of exclusive and usually small list of buyers first. And if no buyer is found, it is then put on the open (public) market. Nonetheless, wholesalers market properties the same way that real estate agents market properties. The biggest difference is Realtors, have the help of 25,000 other realtors plus the power of the Internet to help find buyers, and wholesalers just have their handy, dandy email list.

Scam #7: The contract is guaranteed.

The initial sales contract in malarkey! The original contract with the agreed upon sales price between the property owner and wholesaler is meaningless. The greatest significance the contract bears is in its marketing agreement. Secondly, it guarantees the property owner the amount that is offered on the contract. However, keep in mind the wholesaler can renegotiate the contract and propose a lower offer price at any time. They can also request to extend the marketing period if they are unsuccessful with finding a buyer. Consequently, your contract is nothing more than a marketing agreement between you and the wholesaler that allows the wholesaler to sell the home to the highest bidder.

If you would like to know the true value of your property, call us today for a free evaluation. We will also provide you with a estimation of your closing cost so you understand just how much money you are leaving on the table if you decide to use wholesalers in Baltimore to sell your home.

January 30, 2020January 30, 2020

4 Lies Baltimore Wholesalers Tell Property Owners

So, I’m just going to say it Baltimore wholesalers are liars. They’re not lying about everything, but mostly everything. There are four main lies that we will focus on. And, in my opinion they are the most hurtful and unethical towards the property owner. Those four lies are: We Buy Houses, Offer Price, Quick Sale and 0% commission. Let us explain:

Lie #1 —— We Buy Houses!!

This is a big lie. Because, guess what? They don’t actually buy houses. Most wholesalers do not have the money, credit or the desire to buy any home in Baltimore, let alone yours. The truth is, the only thing a Baltimore wholesaler has to offer is a contract, called an assignment contract. This contract states three fundamental things, the offer price, consent to reassign the contract, and the ability to market the property usually for about 60 – 90 days.

Wholesalers simply take the time period allowed to them to market the property at a much higher price than is mentioned in your contract. When/if a buyer is found the contract is reassigned from the wholesaler to the buyer. If a buyer is never found, they’ll tell the property owner they never agreed to buy the home, to read the contract, and then they’ll move on to the next sucker.

How to catch them in the lie:

Ask for proof of funds or a pre-approval letter? It’ll get them every time!

Lie #2 —— Offer Price

The offer price is the most important component of a real estate transaction. Baltimore Wholesalers use simple formula’s combined with market research to come up with an offer price. However, their offer price will ALWAYS be significantly lower than the actual market value of the home in as-is condition (Off-Market or MLS).

Example: A wholesaler offers $40,000 for Property A. However, when Property A is placed on the market, the sales price increases to $50,000. When/if the wholesaler finds a buyer, the seller walks away with $40,000 as agreed upon. But, the wholesaler walks away with $10,000. That’s a hell of a commission; don’t you say?

Why this is Unethical? Well, it’s not fair. If the wholesaler marketed Property A for $50,000, it’s because they knew they could find a buyer that would pay $50,000 for the home. As a homeowner, wouldn’t you want that $10,000 in your bank account? I know I would.

What can you do about it? Hire a Realtor. They are bound by an ethics agreement. Those ethics prohibit realtors from intentionally undercutting clients.

Lie #3 —— Quick Sale!!

This is a fat lie. A quick sale isn’t a term wholesalers can guarantee. Title work is title work. If the title is clean, cash funds, no inspections, you’re talking two to three week closing on most real estate transactions. That means a Realtor, a wholesaler, even your mother would be able to close in that time period given those circumstances. Wholesale deals tend to be cash deals, with no inspections, because of that they tend to go to settlement very quickly.

However, there is a flip side to this. If you have a home with title issues such as citations, liens, taxes, water bills, etc., those issues can prolong settlement. And then a quick sale, can turn into a long sale, or even worse, but not uncommon in wholesaling a, NO SALE.

#4 —— 0% Commission

Wholesalers make big, juicy commissions. Their fee isn’t simply a percentage of the sales price; it’s a flat fee. The flat fee is usually hidden but is determined by two things, the market value of the property in its current state, and the final sales price. The idea is to get the property owner to agree to sell the home at a much lower price than the property’s current market value. The wholesaler knows the market value of the home, before they walk in the door. Therefore, the offer price will always be way below market value.

Example: Property A is finally sold for $50,000. Consequently, since the property owner accepted the initial offer for $40,000, the wholesaler walks away with a commission of $10,000 (20% Commission). Realtor commission fees are usually 4.5% – 6% of the sales price. Would you prefer to pay 6% commission or 20% commission?

Personally, I’d gladly pay 6% plus closing cost, and walk away happily with $44,000 – $46,000, but that’s just me. There are a lot of things I could buy, money I could save, and vacations I could go on for $4,000 – $6,000. And I would much rather it in my pocket, than in a grimy wholesaler’s pockets.

As you can see, Baltimore wholesalers tell a lot of lies. They deceivingly give property owners the impression of honesty. They are not honest.

If you would like to receive a free evaluation and learn the true value of your property, contact us today for a free evaluation. Our licensed real estate agent will be more than happy to help you sell your home as quickly and smoothly as possible. We value transparency, honesty, ethics, and providing our clients with the best customer experience available in this industry.

January 28, 2020January 27, 2020

Turnkey Properties in Baltimore: 6 Reasons you Should Invest

Are you searching for turnkey properties in Baltimore?

If so, we have compiled 6 really good reasons why investing in Baltimore turnkey properties is a great opportunity for Investors and Homeowners.

Hot Rental Market

Baltimore City and Baltimore County are ranked number one by Bigger Pockets and Realty Trac. Why? Because cash flows in Baltimore, baby! Baltimore turnkey properties provide safe real estate investments with a higher ROI compared to surrounding markets, like Washington D.C. and Philadelphia.

High Income Allocation

Do you know that renters in Baltimore allocate on average 30% of their income for their rent? This is great for investors. Baltimore investment properties are a great opportunity for investors to maximize their ROI and investment portfolios.

Positive Cash flow

Baltimore investment properties yield 10% – 16% ROI yearly. However, it is not hard to find investors who make 20% – 25% in Baltimore.

Stable Economy

Baltimore is called the Charm City, but I like to call it, “The Don’t Be Alarmed City”. Baltimore has a great, bumbling and active economy. Baltimore residents are amongst the most educated in the country. More importantly the median income in Baltimore is around $70,000. Baltimore is a blue collar, working town, and we have great employers such as T. Rowe Price, Johns Hopkins Hospital & University, Morgan Stanley, Exelon, Under Armour, McCormick’s, Pepsi Co., Amazon, etc. These companies plus many more help to prop up our economy and maintain a status quo that many other cities don’t get the chance to enjoy.

Baltimore is so much more affordable than DC!

Housing in Baltimore is on average about 30% cheaper than living in Washington D.C. Our Baltimore turnkey properties are located in diverse neighborhoods, that will attract Washington D.C., Virginia, Delaware and Pennsylvania commuters.

Inventory

Baltimore has a lot of inventory. It doesn’t matter if you’re looking to fix and flip or buy and hold, Baltimore has the home for you. If you’re looking for duplex or triplex Baltimore has the home for you. If you’re looking for shells, or complete guts, Baltimore has the home for you. If you’re looking for Baltimore turnkey properties, we have the home for you.

If you’re interested in investing in Baltimore turnkey properties, I encourage you to give us a call today to speak with our licensed real estate agent or subscribe to our mailing list below to view our property list.

February 15, 2019June 27, 2024

Baltimore Renter Placement – 2 Things a Good Landlord Will Always Have

Baltimore Renter Placement | The Baltimore Tenant New tenants, first-time tenants, life-long tenants, all tenants want to find a rental home that has a good landlord. However, much like a Landlord trying to find good tenant, tenants can have a hard time finding good Landlords. Landlords in Baltimore come in all shapes and sizes, and consequently that means that Landlords are not all created equally. In this article we will explain to renters in Baltimore who are seeking Renter Placement Services that there are two things that a good landlord will always have.

Clean House

As a real estate agent in Baltimore working primarily in Renter Placement Services, I’ve had the privilege and fortune to tour many homes. I’ve toured mansions, and investment properties. But the properties that I have toured the most have been rental properties in and around Baltimore, Maryland. One major indication that you have a good Landlord is a thoroughly cleaned home.

Landlords who take the time and money to have a home cleaned show and prove that they are willing to invest money to maintain the upkeep of the home. When you move into a home and it is spic and span clean, you as a tenant are responsible for leaving the home in the same condition you found it in. Therefore, a clean home is a good indicator that the Landlord is willing to invest time and money to keep the home in good condition.

Rental License

Rental licenses are new in Baltimore, Maryland. Every Landlord in Baltimore that has a rental property must now have a rental license. Rental licenses are great for Tenants, because it says that the Landlord has passed a state inspection proving that the home is safe and habitable. Some of the things that Landlords have to prove in order to receive a rental license are cleanliness, working appliances, home void of rodents, home void of water damage and mold, amongst many other things. However, the presence and the proof of your Landlords’ rental license can assure you that the home is in good rental shape, and that you may have a pretty good Landlord in your corner.

Landlords like everyone and everything else, can be really good, and they can also be really bad. However, these two tips will help you steer clear of the bad Landlords and the straight-up Slum Lords. And please remember, The Baltimore Tenant provides Renter Placement Services to Tenants FREE of charge (MLS ONLY). Find out how today when you give us a call at 410-994-6159.

February 8, 2019June 27, 2024

Baltimore Tenant Placement Services – 2 Things a Good Tenant Will Always Have

Baltimore Tenant Placement Services | The Baltimore Tenant The most difficult part about Tenant Placement is determining whether an application for tenancy accurately identifies whether a person will be a good tenant or a bad tenant. Newly renovated properties that are priced properly receive a lot of inquiries. Primarily from potential tenants hoping to tour the home and eventually submit an application for tenancy. However, when you have over 200 leads, 80 showings, and 10 people who want to apply for the home it can be difficult to figure out whose the good tenant and whose the bad tenant. Therefore, if you are a Landlord who owns rental property in Baltimore, and are in need of Tenant Placement Services this article is for you. We will explain to you two good things that all good tenants have.

Verifiable Income

Need I say more? Money makes the world go ‘round, and I’ve never seen a good tenant that could not verify their income. Many people work, most people work, but not all people have verifiable income. Verifiable income can be proven with documentation. The most common way to verify income is to ask the potential tenant for their most recent pay stubs.

Pay stubs contain a lot of information such as employee name, employer name, salary or wage, payroll company, address, and more importantly gross and net income. The most significant information is the net income, because the net income is what the tenant actually earns after taxes. After verifying their income using pay stubs, call their employer to further verify their income with the Human Resources Department. If the tenant works for a small company ask to speak to the business owner or supervisor to obtain the information you need to verify their income.

Stable Work History

Work history is just as important as income. This is because you generally don’t get one without the other. You need to work to earn an income; therefore any good tenant will have both. When a Baltimore Landlord seeks Tenant Placement Services, it’s usually for a lease period of 12 to 24 months. Therefore, you should look for any tenant to have a work history, that is as long or longer than the lease period.

The best way to learn more about your potential tenants work history is through the initial application for tenancy. Tenants who have worked at their current place of employment for at least 18 months are considered to have a stable work history. However, tenants are people and not bots. So, if you have concerns about a potential tenants work history, ask them to provide you with a letter of explanation. In the letter, have the tenant explain to you why their work history has not been stable. Stable tenants are good tenants. Therefore, it is really imperative that any tenant you choose has a stable work history, and an admirable work ethic.

As, you can see Baltimore Landlords may need help when Tenant Placement becomes a hassle and a burden. And that is why The Baltimore Tenant is the one stop shop for Landlords and Tenants. We are owned by a real estate agent. We have been trained by the #1 Real Estate Company in America, Keller Williams. Therefore, if you are a Landlord in Baltimore and in need of Tenant Placement Services, please don’t hesitate to call us now at 410-994-6159.

February 1, 2019June 27, 2024

2 Reasons Baltimore Landlords Consider Tenant Placement Services

Tenant Placement into an Apartment on Chaise Lounge Are you a landlord or a property manager? Are you in need of Tenant Placement Services? If the answer is yes, you have come to the right place. The Baltimore Tenant offers Tenant Placement Services to Landlords, Property Managers, and Investors. In this article we will give you two reasons Landlords and Property Managers should consider Tenant Placement Services.

“I Just Don’t Have The Time Anymore”

My motto is “If you don’t have the time you need the money, if you don’t have the money then you need the time.” And, unfortunately many of us just don’t have enough time to do everything. If there were 48 hours in a day instead of 24, I would be right on schedule. But we don’t have 48 hours in a day, and we aren’t naturally born with 10 hands and the ability to be in two places at one time. So when the “time” approaches, Landlords must ask for help. And then Landlords must seek help from a reputable Tenant Placement Service or a Licensed Real Estate Agent.

Tenant Placement Services and licensed real estate agents experienced in tenant placement are trained to perform at a high level. And remember, only real estate agents are educated and trained to find suitable tenants based on the Landlords needs, and fair housing laws.

“I Want More Time With My Family”

You work hard for your family, and because you spend so much time working for your family, you never seem to spend time with your family. When a Landlord like you, makes the decision to hire a tenant placement service, not only are you increasing your personal free time, you’re also increasing the time you can spend with your family. I mean, at the end of the day, most of us are working our butts off so that we, along with our family can enjoy the fruits of our labor, but most importantly time together. And there is no better feeling than knowing you can spend your evenings and weekends with your family because you have hired a reputable company to provide you with tenant placement services or full property management services.

Time and family, I would say are two of the most important things in life. When “time and family”, becomes “time with family” the investments you make in your business and more importantly your family, will return to you one hundred fold. If, you are in need of Tenant Placement Services I encourage you to call us today. If you want to increase the time you can spend with your family, contact The Baltimore Tenant for Tenant Placement Services at 410-994-6159.

January 26, 2019June 27, 2024

2 Reasons Why Realtors Are Best for Tenant Placement Services

Tenant Placement Services Using a Real Estate Agent Most Tenant Placement Companies are owned and serviced by unlicensed professionals. This means that many Tenant Placement Services and Property Management Companies are owned by people untrained in real estate, and therefore not held to the same ethics, rules and laws that govern real estate agents. Real estate agents are thoroughly trained and tested regarding all things real estate, as well as, tenant placement services. This article will give you 2 reasons why Realtors are the best to hire for tenant placement services.

Access to the Local MLS

Only real estate agents have access to the Local MLS. MLS stands for multiple listing service. It is primarily a marketing and communication platform, provided by and paid for by real estate agents in Maryland. When your home or apartment is marketed on the Local MLS, it gains an instant audience of over 25,000 real estate agents, and their clients. Hundreds of aggregate websites will also pull your home listing information directly from the Local MLS. Therefore, every major property rental website such as Realtor.com, Zillow, Trulia, and Hotpads, will have an active listing of your property for the world to see.

Access to Realtor.com

Only real estate agents who have access to the MLS can get your property on Realtor.com. It is one of the most popular websites that renters use when looking for a rental home. This website may be one of many. But, it is also the most coveted rental listing website that Landlords want to list on. It also acts as an aggregate website for rental homes and apartments listed on the MLS.

Realtor.com has the most comprehensive and accurate list of homes. Therefore, you never have to worry about scam listings or fake listings. Realtor.com is popular, reputable and well respected throughout the entire United States of America. And, another great thing about Realtor.com is that you can research Realtors to make sure the person you’re doing business with is well trained and licensed.

Hopefully, we were able to convince you that Realtors come with very clear marketing advantages for Landlords looking for Tenant Placement Services. Access to the Local MLS, and access to Realtor.com will maximize your overall listing visibility and your ability to find a suitable tenant quickly. We encourage you to call today at 410-994-6159. The Baltimore Tenant is owned by a licensed real estate agent in Baltimore, Maryland and specializes in Tenant Placement Services.