With Leasing your property could generate extra income while maintaing the ownership of the property.
Here are important steps before you do leasing:
Before letting your property you will need to find out rent value of your peoperty
2. Hire a property supervisor
If you own multiple properties or do so remotely, you can grant the property supervisor the power of attorney to deal with payment collections and renewal of your property on your behalf so you can have a total peace of mind.
3. Choose your broker
You will need a broker to list the property with. Not all brokers or brokerages are the same and you should look for a brokerage you can trust with a good reputation and a strong marketing package to help your property stand out from the crowd in this competitive market. Professional photography, online presence and an active brokerage network are important to give your property the best exposure and attract tenants.
4. Be exclusive
Exclusive listings give the broker the confidence and security to invest more time and money into marketing your property which will help you get the best result.
5. Sign NOC
In order to list the property, all registered owners will need to sign a RERA listing form, a document giving brokers permission to market your property. In this regards brokers will ask you for a copy of the title deeds and your ID.
6. Make the property camera-ready
The first impression of your property in the market is very important and effective