Welcoming New Tenants
Moving to a new place is both
exciting and tiresome. For some, it’s a big relief to finally find a new home
and be part of a new community. How property managers and landlords reach out to new tenants during this
transition will set the tone for future relationships.
Here are some ideas to engage
with your new tenants, after they have been approved and before they move in.
Welcome Letter
Send a welcome letter or email
to your new tenant. The letter should include:
A
Warm Introduction - Include information that
you deem important based on your property, community and facilities.
Identify
the next steps–things like setting up
utilities, cable, internet,forwarding address etc. Provide company, contact
emails, website links and phone numbers to assist the new tenant. Remember,
they may not know the utility providers in that area.
Tenant
Tools – if you are using a property
management software, more than likely you have a tenant mobile app. Include
this feature in your initial letter. Let them know the tools available to them
as well as how the tool can be used (online payments, submitting work orders
etc.)
Summarize
Costs – include a summary of
potential move in costs. Utility deposits, parking fees, pet fees, storage fees
etc. This reminds the tenant of these fees that were covered during the
application process.
Provide a Moving Checklist
This will help them navigate
the process and remember important tasks.
After the Welcome Letter
After you send the welcome
letter, schedule a brief walk through of the property and facilities. This
could be schedule at the same time when they are onsite with you for other
reasons (ex: signing the lease). Items to review:
- · Introduction to your property management company staff
- · Office Hours
- · After Hour support procedures
- · Maintenance Requests
- · Due Dates
- · Tenant mobile app
- · Social Media access (community event calendar, newsletters and general information)
Welcome Gifts
Everyone
likes gifts. Gifts put a smile on your face, not so much for the gift itself
but for the thoughtfulness is represents.
Here are some
gift ideas
- · Any marketing items for your property management company (water bottles, coffee cups, key chains, tote bag)
- · Subscription to Netflix or similar
- · A bottle of wine (you may want to confirm that they drink wine)
- · Gift basket with a variety of items
The renewal
rate for tenants is approx. 59% higher if they were satisfied during the move
in process. This is based on a study by Kinglsey
Associates.
So, treat
your new tenants like the new customers they are. In turn, you will build
better and stronger relationships.
About PropertyZar
PropertyZar is a real estate
technology company specifically in the web-based property management software
for owners and professional property managers. Learn more www.PropertyZar.com
Content is originally posted at https://www.propertyzar.com/welcoming-new-tenants/
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