Friday, August 9, 2019

Automating the Leasing Process

Empty units are a drain on the wallet. Without rent money coming in each month, a vacant apartment or home can begin feeling less like an investment and more like an albatross around your neck. Thankfully, automation has made it easier than ever to fill vacancies while you sleep.

There are countless apps, tools, and devices to help take the work out of the leasing process. Invest in smart home locks for your rental's front door. With the click of a few buttons, prospective tenants receive a code to unlock the unit. Prefer not to do self-showings? Automate other aspects of the leasing process instead. Background checks, employment verification, and even the signing of the lease itself can be done by app these days.

Of course, these shortcuts do come at a risk: without careful oversight of each aspect of the leasing process, applicants who are not a good fit could slip under your radar. Don't want to babysit technology while your vacancies continue to sit empty? Consider working with a local property management company instead.

Scott Safadi of Cal Bay Property Management uses the technology of tomorrow with first-hand knowledge of local real estate trends to manage properties. By partnering with a local property manager, owners can rest assured that their leasing process is being carefully attended to by experienced professionals. Eager to learn more? Reach out to our team today to learn how we can help you fill your vacancies!

- Scott Safadi, Cal Bay Property Management


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