Residential property management · St. Petersburg & Pinellas County
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Brokered by Dalton Wade, Inc.Jason Caldwell · Florida Real Estate Sales Associate · SL3509114

Leasing case study · Temple Terrace, Hillsborough County

A Signed Lease and Deposit in Three Days Before an Owner’s Home Purchase

A rental deadline shaped the preparation, pricing and follow-through.

The owner’s deadline

A Temple Terrace homeowner needed to get a two-bedroom, two-bathroom rental leased before a planned closing on a new home in Georgia. The rental was part of making that purchase work. A slow leasing process could have disrupted the owner’s move.

Prepare the home. Give renters a reason to choose it.

I started with what we could control: the home’s condition, the asking rent, and how quickly we could get qualified applicants through the process. I asked the owners to remove the belongings they had planned to leave, clean up the yard, fill holes, touch up paint, and have the home clean before showings. They followed through.

Based on the listings I reviewed, I believed this home was better updated than nearby rentals. Nearby rentals I reviewed were advertised around $1,700 a month. I recommended $1,650: a $50 monthly price advantage for an already appealing home.

We also addressed moving costs. The owner approved application-fee reimbursement and utility-transfer reimbursement. Those payments came to $140 and $40, respectively. These specific incentives were aimed at reducing the tenants’ upfront expenses.

Keep the leasing process moving

I advertised through the MLS, Facebook, and other social channels, and made showing access flexible. The tenants who ultimately leased the home came through Facebook. The first leasing arrangement fell through, so I continued working with the other interested applicants.

The successful applicants completed screening through AppFolio. We verified income and employment and received prompt responses from their references. That cooperation helped us complete the process quickly.

The result

Within three days of the listing going live, we had a signed 12-month lease at $1,650 a month and the $1,650 security deposit. The owners later confirmed that they closed on their Georgia home early.

What another rental owner can take from this

The useful lesson is how the decisions fit together. We prepared the home before showing it, gave renters a clear reason to choose it, and followed through on screening and paperwork. The deadline shaped the plan. The owners did their part, and I kept the leasing process moving.

This is one leasing example, not a promise of timing or results. Temple Terrace is in Hillsborough County; my current service focus is owners with two or more rentals in St. Petersburg and Pinellas County.

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Call Jason 727-201-0473Brokered by Dalton Wade, Inc.