This NC Residential Rental Report is brought to you by TR Lawing Realty.
Hi, I’m Tommy Lawing Jr., President of TR Lawing Realty with your Rental Report. We know that much of the sales market throughout the Charlotte region is very tight these days with some neighborhoods reporting almost no listings; well the same is true in the rental business. We took more applications for fewer vacancies in 2016 than at anytime in the history of our 60 year old property management firm. That means when you are showing a vacancy to a prospect, please explain to them that we do take multiple applications and that they should apply quickly. Often we have 3 or 4 well qualified applicants for the same rental house. So what makes the difference? We’ll you’ll understand the applicant who has no pets is probably going to be accepted over the one who has 3 large dogs, everything else being equal. Or the applicant that’s willing to take it next week without any work being done is more likely to be accepted than the applicant that wants us to wait a month and paint two bedrooms.
So when you are showing a vacancy please encourage your prospects to apply quickly and explain to them that we do take multiple applications. And if you or your clients need any property management help, please send them to TR Lawing Realty here in Charlotte, North Carolina.
We hope you find this information helpful. Mr. Lawing will be providing quarterly updates to the NC residential rental market. Please sign-up to our newsletter to ensure you receive future releases of the NC Residential Rental Report.
TR Lawing Realty has several useful tools on their website for Real Estate brokers.
- Rental Rate Estimator gives an estimate of rental rates in a particular area based on a number of factors including: number of bedrooms, heated square feet, year build, and zip code. It is a quick way to get an estimate for what the going rates rentals are in a particular area.
- REALTOR Referral form makes it easy to refer a potential resident or potential owner/investor over to TR Lawing Realty. For more than 50 years, TR Lawing Realty has specialized in managing scattered residential rental properties in the Charlotte region for individual owners. Trust your investment to an experienced, local manager with proven abilities, systems, integrity, industry knowledge and management expertise.