Leasing Policies

When prospective tenants view your vacancy, HappyDoors wants the property to look its best and compete with area rentals. A property maintenance report and rental market survey is completed. The HappyDoors team will contact you to discuss the details of your vacant property and any necessary maintenance.

Setting the rent
Supply and demand determines rent. If there are multiple rentals available in the area of your property, it is necessary to be very competitive. If very few are “for rent” in the same area, it can make it easier to rent the property. Markets change and HappyDoors advises owners on the “current rental market.”

How long will the property be vacant?
This is the most commonly asked question HappyDoors receives from owners. Unfortunately, there is no way to predict how long a property will remain on the market, even in the best market conditions. However, HappyDoors works diligently to rent the property as quickly as possible. What is important to remember is that the most important objective is to have “a quality tenant.” 

HappyDoors, or any other property management company, can rent properties “quickly” if they do not have standards for obtaining good tenancy. However, bad tenants will only create more expense and another unwanted vacancy; therefore, waiting for the “right tenant” is worth the additional time it can take to rent the property.