One of the tenants in our recently bought unit here in Las Vegas will be leaving soon and we’re thinking of the best and fastest way of getting a new tenant.
We’re thinking of whether we should just hire an advertising agency, advertise the vacancy in the internet and newspapers ourselves or rely on word of mouth advertising? Oh, that’s a bit confusing.
I guess, it all boils down to our advertising budget and how fast we require results. Right?
Since advertising agencies have already established their strategies and contacts in various media, I believe that they will bring in the fastest results. Unlike us, they know the right people to talk to and the most cost efficient ways to reach our target market.
I can also try posting the free ads myself on internet sites but I’m not sure how long it will take. As to newspaper ads, I do not have contacts in print media and I’m not sure which newspapers to advertise on. Word of mouth might work for some but since we only transferred here earlier this year, we only have a few contacts at the moment and it might not be the best advertising method that we could use.
If our budget allows it, I’m leaning toward getting the services of an advertising agency. Our family friend have a rental house too and she said that the property was vacant for more than a month but after she hired an ad agency, in four days she already had a tenant.
Anyway, if you know anyone who’s looking for a place to rent here in Las Vegas, we have a two bed, two bath apartment unit that’s available by January. You can just contact me for more details.