Property management Grand Junction CO: Tenant retention ideas

"What have you done for your tenants today?" is a question that each individual involved in property management Grand Junction CO must ask himself. After all happy tenants are the ones who would renew their lease and you must look into keeping them happy especially if they are the paying kinds.

You must try to build value by building relationships with the long term residents. Often, property owners and managers are too focused on getting new clients, due to which they forget looking after their existing ones. A great deal of energy as well as time is spent on marketing the property and driving new business. In doing so; one often forgets about keeping the people one has already got.

One thing to do in this aspect is to show genuine gratitude towards the existing good tenants. This can be done through simple thank you notes or gift cards which tenants can make use of. By doing so, one can add value to one's property by building a sense of community.

You can also do other simple things like spruce up the property to make it look like new. A simple paint job can suffice in this matter. You can also reserve parking lots for the long-time residents.Other simple things which can help one get a sense of ownership is through the installation of nice light fixtures or ceiling fans in the rental units.

These are a few tenant retention ideas that can help one maintain their good tenants.