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How do you minimize void periods?

We never allow a contract to expire in a dead time like Xmas and New Year so in June and July we only sign 8,10 or 12 month tenancies so that tenancy end date comes out in the spring – which is a much better time to have a property on the market. We also insist on a 2 month notice period on all tenancies – this means that there is more chance to market the property and serve notice if the tenant won’t accept an increase in rents and process an incoming tenant in time for the end date, making the handover as smooth as possible. Using this method our void periods are kept to a matter of days rather than weeks.We also utilize multiple agents to do the tenant find and tell them about each other so that there is competition and they are therefore hungry for the business –this ensures your tenants are found quickly

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© 2019 Midas Property School is a trading name of the company Midas Property Shop Ltd company registered no: 06764446

Tel: 0844 357 9490
Email: info@midasestates.com
Midas Property School - 1b Cranbrook rd, Redland, Bristol, BS6 7BJ