Better give yourself a lot of time.
I’ve been in the property management business for a long time and this current market is something to behold. Now I’m sure you’ve seen reports on TV, articles in the local paper, blog posts from other real estate agents and even some of your own circle of friends discussing the “mulitple offers” on homes for sale.
Guess what…? Inventory in the rental market is also low. Because of that, we’ve experienced situations on homes in some of the nicer areas with several applications for each property being submitted.
What do we do…? Pick the best one that has been fully completed.
Since this phenomenon is not going to go away anytime soon, I suggest you start looking at least 30 days ahead of time before you’re ready to move. You will experience the angst of having to compete for a decent rental to live in just like many frustrated home buyers facing the hurdle of “multiple offers”.
We know this is stressful because we’ve taken phone calls from people inquiring about a home that they have seen in our inventory on line after being told we’ve taken an application, sometimes get upset and frustrated. They’ve asked us where do they turn to find a place. We do the best we can to advise them where to look.
If you are in this situation…? My suggestion is for you to get all your information together so when you do go out and find a place you want to rent, you’ll have all the paper work most Property Managers are looking for. If you wind up viewing a property that is not managed by a professional company, trust me the owner/landlord will appreciate the supporting documentation just as much.
In the Mean Time…?
Make it a Great Day…