Auben Realty https://validator.w3.org/feed/docs/rss2.html Charleston Property Management | How to Rent Your Home Fast Rental Property Management in Charleston | Investing in Single Family Real Estate in 2020 Charleston Property Management | Why Your Tenant’s Trust Matters Rental Property Management in Charleston | How to Find Cheap Investment Properties What Property Managers Need to Know About Lead Paint Disclosure Getting Ready for Summer in Your Rental Questions to Ask Yourself When Hiring a Property Management Firm Property Management and Pets What Property Managers and Tenants Need to Know About Lead Paint Difference Between Renting from Property Management Companies and Private Landlords Benefits of Hiring a Property Management Company How Great Property Managers Get Things Done Turn Your Property into a Vacation Rental House in Charleston Turn Your Property Into A Vacation Rental House How Property Management Deals With Hoarding Residents Marketing Your Property to Millennials Scott Wallace – Friday, April 20, 2018 Millennials are now in their late twenties and early thirties and are the prime candidates for the rental market. They are at the beginning stages of their careers or family building and may not be quite ready to purchase a house yet, but are looking for something new, but still affordable to call home. Another reason Millennials are prime rental targets is because they were teenagers and young adults during the recession and not only saw the impact on their parent’s, but many on themselves also. These young people would rather rent than buy because they have seen how the economy can go belly up overnight. Property management professionals are learning more about marketing to the Millennial generation and have started using digital platforms to reach these renters. Almost 9 out of 10 Millennials owns and operates a smart device regularly so enabling online rent payments, maintenance requests, and email communication will always attract a Millennial. Another thing that property management companies can do to get more millennial renters is offering high speed internet options. Large apartment communities will always be more desirable if there are high speed internet options available. IF you really want to attract Millennials, include highspeed or broadband internet in the rental agreement. Eco-friendly properties will also be sure to attract the millennial generation. Whether a large community or single-family home, property management companies are making their homes more environmentally friendly by providing recycling service, offering community garden plots, using solar heating and energy efficient appliances in the homes. Millennials are also looking for property management companies that aren’t discriminatory towards pets. A third of all pets in the United States are owned by Millennials. Making your properties pet friendly can increase your attractiveness to this generation. Managing and marketing your property can be difficult. Knowing your target market is crucial for having low vacancy and turnover. A property management firm can help build your properties reputation and find the renters you desire most! 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