Avoiding vacancy and retaining tenants in a competitive market is sometimes an uphill battle. Although moving is expensive, it is not always enough to deter tenants from leaving for a perceived better deal. Many multi-family rental owners are familiar with the term “rental concession” as a tool to make their property stand out from the […]
Tag Archives: rent concessions
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Rental concession and incentives in Harford County can be a great way to entice new tenants and lower vacancy rates. Incentives are particularly worthwhile if a vacant unit has been sitting too long and you’re looking to rent quickly. Incentives can include; free rent, lowered rent cost, reduced fees, and additional amenities. Each concession option […]