Ways to find a tenant?

There is nothing easy about finding a tenant.  A qualified tenant we should say.  So what are the ways that property owners or property managers go about finding tenants?

1) Use a realtor.  They have access to the MLS and other realtors.  Expect to pay one month’s rent and sign a contract with the listing agent.  Nowadays prospective tenants search for rentals via the internet and most realtors are members of the major internet sites that they search such as realtor.com.

2) Put up a sign.  Yes, the old time tested means of advertising.  Limited by the traffic on your street and the rules of your building.  Obviously, condo owners will usually have a difficult time trying to post a sign from the 7th floor.

3) Newspaper- expensive and a dying resource. 

4) Internet ads- there are free and paid ad sites that you can use, they work so long as you stay current with the ads and post a descriptive story of the unit with pictures.

These are the major means that are currently used.  Sure there is word of mouth, posting fliers, bus stops and any other possible advertising methods you can come up with but expect to be using one of the above as your primary sources.

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