Just as in sales the leasing market does have some seasonality. If you think about it, it makes sense. Summer months are very busy with the build-up towards August and the start of school. September usually slows down or at least feels like it after the summer rush. What surprises most investors is that November and December are usually very busy also with January being a slower month. Now with all that being said, PURE Property Management of Texas lease properties each and every month of the year. The influx of out of state relocations continues to drive the rental market. The almost weekly announcements of entire company relocations from high tax states in addition to the appeal of live style or weather continue to the central Texas strong growth pattern.
It normally takes less than 30 days to lease a property. We require our existing residents to provide a 45-day notice when they are vacating a property. Once we have received the residents’ notice, the property is placed on the rental market usually within 48 hours. Our objective is to reduce vacancy time by securing a qualified resident prior to the existing resident vacating the property.
Properties are entered into the Central Texas Multiple Listing Service advertising to over 6,000 participating realtors. Both interior and exterior photos along with a complete property description and community amenities are advertised on multiple websites. Each vacant property will have a complete video tour allowing potential applicants an opportunity to see the property 24/7.
Market conditions vary and we can not make any guarantees, but through weekly communication, you will receive an accurate picture allowing you to make any needed adjustments to rent your property for the most amount of money in the shortest time frame.
