If you have made the decision to rent out your apartment, you may worry about the possibility that your future arrivals will not pay for their stay or will not use your apartment with respect. For this reason, we are aware of the importance of finding the perfect tenant.
At AB Apartment Barcelona we want this search to be as easy and comfortable as possible for you, that’s why we have put together the following tips to find the perfect tenant for your apartment for rent.
Define the person you are looking for to rent your apartment
The first step in finding the perfect tenant is to ask yourself, what kind of person do I want to live in my apartment? You should think about the qualities you are looking for in your future landlords, for example, if you prefer families, students, groups…
Once you have defined this, you must adjust to the characteristics of your property. Keep in mind that a family will look for the flat to be close to schools, in a quiet neighborhood, with enough rooms… While students, for example, look for other types of facilities, such as good connections with public transport, lively neighborhoods etc.
How does a professional agency select the perfect tenant?
If you want to find good tenants and also not worry about the whole process, it is best to have the support of a professional agency. Next, we will tell you what steps real estate agencies follow to find your ideal tenant.
Write an ad according to the apartment
When the public to which you want to rent the property is already established, the agency will be in charge of transferring your requirements and publishing an advertisement that is addressed to them. It is necessary to highlight the qualities that this profile values the most. In this way, the rental offer is adjusted to the type of demand and the rental price you are looking for.
In addition, it is essential to have clear and quality photographs that show the property perfectly.
Once visitors interested in your property begin to arrive, it will be time to discuss economic solvency. In order to assess your level of income and economic stability, the intermediary company may request the employment contract, latest payroll, employment history, references from previous owners, etc.
However, the fact that a person has high payrolls does not guarantee that they will comply with the contract. For this reason, currently, the Urban Leasing Law requires a one-month deposit to be requested, which must be deposited with the corresponding agency. This deposit may be used to cover defects or damages that occur in the property during the term of the contract, if applicable.
There may be people who cannot prove their economic solvency through the payroll or the employment contract, therefore, additional guarantees are usually requested, such as another month of deposit.
What happens when the tenant has already been selected?
Right after the real estate agency has given one of the tenants the go-ahead, if the owner also agrees, the lease contract will begin to be drawn up.
For greater peace of mind, it is advisable to have rent default insurance, since in the event that the tenant does not comply with the monthly payment, most of these insurances usually cover between six and twelve months of rent. If you want to know more about how they work, read our blog!
Now that you know what the process is like to find the perfect tenant , let our team advise you. At AB Apartment Barcelona we take care of fully managing your property so you don’t have to worry about a thing!