RentSpree Offers Insight on How Real Estate Agents Can Capitalize on the Growing Rental Market
The Rental Management Software Company Highlights the Unique Opportunity that Rentals Provide in a Challenging Housing Market
LOS ANGELES, dec. 20, 2022 /PRNewswire/ — RentSpree, the industry’s premier end-to-end rental management software provider, is dedicated to changing the mindset around the profitability of rental properties. A 2022 RentSpree + RealTrends Rental Power Rankings the study made it clear that many agents do not view rentals as worthy of their time and resources. Approximately 50% of the surveyed agents claimed that the commission was “too low” for the time and effort required to lease a rental property, and 43% of surveyed agents claimed that a lack of knowledge of the rental market kept them from working in that spaces. In short, many real estate agents see working with rentals as a poor return on investment (ROI).
RentSpree challenges that perception and highlights how rentals can increase agent profitability year-round, especially in an economic downturn. With new insights into the misconceptions of the rental industry, here are some tips on how agents can stay ahead of the economic forecast:
- Leverage the Right Resources: With the right tools and industry knowledge, real estate agents can increase their cash flow by assisting tenants