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10 Ways To Reduce Tenant Turnover
- Promote Community With Residents – Special Events, Holiday Parties, Holiday Door Decoration
- Stay Up To Date With Market Rents and Vacancy – Survey Similar Properties, Subscribe to Brokerage Market Reports
4 Easy Ways To Lower Turn Costs
Start Marketing Early And Always Keep A Wait List
As soon as you know a tenant is vacating, begin marketing the unit for rent, reach out to you wait list, and offer a referral bonus to current residents. These actions should reduce the amount of time the unit is vacant.