Wednesday, August 28, 2013

Closing Tip



Staging  a mini-model apartment


We’ve all had that one apartment.  You know the one.  That bane of your existence apartment that has been sitting on your vacancy report week after week.  Now you are closing in on your 30 day mark and after showing this apartment over 20 times, you still don’t have a lease. 

Quit bashing yourself.  It’s not your leasing chops.  Sometimes apartments just don’t lease.  It could be the noisy neighbors upstairs, the back window overlooking the trash bin (who hasn’t had that one?) or any number of things that are completely out of your control.

Instead of dropping your price (again) or offering a ridiculous leasing special, why not try a mini-model?
The mini-model apartment is very similar to a model unit, but it has been strategically stripped down to the bare essentials.  It eliminates the bulk and expense while still delivering results.  The mini-model includes just enough items to give potential tenants the same feeling as a full model apartment.  Let’s take a look at a few things that will help you and your closing ratio.

A welcome mat is essential.  In the Kitchen set up a plate, a cookbook, and a wine glass and a place-mat on the counter.  Drape a kitchen towel over an oven handle and maybe a mat on the floor.   Living areas can require a bit more work.  A chair stolen from your community center usually can work wonders.  As can that potted silk plant from your office.  Throw a nice $5.00 Ross bought throw blanket over the arm and now you have a reading nook in the corner of your empty living room.

Bathrooms can be a nice touch as well.  Grab an inexpensive shower curtain (please make sure you iron it!), a wash cloth, hand towel and a nice paper-wrapped soap on the counter can make an empty, sterile bathroom look inviting.  Hang a few nice hangers (velvet or cloth covered) in the master bedroom closet and place a hat box on the shelf and you have a really inviting mini-model for under $100. 

Happy Leasing!
Athena Magruder
Mission Real Estate & Property Management, Inc.
 3600 Pegasus Dr #15 Bakersfield, CA 93308

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