Clermont Florida Realtor
Just like client satisfaction is the key to business success, similarly, being a rental property owner, keeping a good relationship with your tenants should be a priority.
Regardless if you self-manage all of your investment properties or employ property Management Company, the significance of good tenant-landlord relationships must not be underestimated.
As per the downtown Orlando Realtor, there are plenty of benefits to maintaining a good tenant-landlord relationship. It increases the likelihood that tenants will properly use the property, rent will be paid in a timely manner and without excuses, reduced tension in terms of repair and maintenance, improved and healthy communication between both parties due to reliability and trust, mutual respect and more lease renewals.
So how can you establish a healthy relationship with your tenants?
To assist you with that, Clermont Florida Realtor suggest some professional tips.
Let’s have a look!
Start Off On the Right Foot
You must work on establishing a professional yet positive relationship with the tenants from day first. For this, you need to make them feel comfortable and welcome at the property. Provide them all the required information to help them start their tenancy off right. This may include important locations and dates, contact numbers, details of expectations, nearest important areas and any other information that might help in an emergent situation.
Keep Things Documented
this assist in budgeting and in keeping track of tenants’ requests and payments. Make sure you keep an archive of all the receipts and communications. This will also help when there is a dispute or when the tenant has some question.
Ensure Time Communication
As per the Winter Park Realtors, the major reason for dispute between tenants and landlord is the poor or untimely communication. Nothing can be more distressful for a tenant than not knowing when a repair task will be performed. For instance; when the shower door will be fixed. Regardless; if the situation is big or small, keep the tenants well informed along the way to manage their expectations. Acknowledge when you receive their request and show a willingness to resolve it at the earliest.
If it’s getting heated or dispute arises, take some break to cool off. Always stay professional and level-headed and never try to influence the other party. This is exactly the scenario that can be avoided by keeping things documented and well-communicated. So when you are faced with a dispute, stick to the facts and refer to the pre-defined policies and procedures. It’s time to set aside the emotions and to talk sense and what is right.
Be Flexible and Fair
You didn’t intend to be a pushover but oftentimes, giving a bit goes a long way. So if you are modifying or making an exception to a rule or process, keep it documented along the frequency and cause. Also if you have multiple tenants then at times, you might need to make the same adjustment for every tenant under the similar circumstances.
To get more information about real estate or to get professional insight on tenancy agreements head over to Megan Dowdy Realty right away.