Many people are feeling the effects of the pandemic, and renters and tenants are no exception. While real estate has widely been deemed an essential business, there are still restrictions keeping business from operating as usual.
On this episode of Investing in Real Estate, John Fagan, the CEO and co-founder of Doorkee is here to share the benefits of taking your real estate business online. We’re talking about virtual showings, the future of the real estate market, and what landlords can do to make the most of our current situation.
On this episode you’ll learn:
- How Doorkee makes finding a tenant easier.
- The three different parties who can benefit from using an online rental platform.
- Why landlords should consider signing up for Doorkee.
- And more!
How Doorkee Makes Finding a Tenant Easier
Doorkee connects a departing tenant with prospective tenants, and allows them to conduct virtual tours. Departing tenants register the unit, and landlords have control over approving content and changing rent terms. Since the tours are conducted via tenants, the landlord has no responsibility to coordinate or schedule.
The Three Different Parties Who Can Benefit from Using an Online Rental Platform
Doorkee is often a win-win-win strategy. Tenants who are moving out can often earn a rent refund with a successful closing, and take control of their moving out situation. Those who are seeking apartments can save on a broker fee and find a new apartment ahead of time. And for landlords, an online platform can save on advertising, vacancies, and broker fees.
Why Landlords Should Consider Signing Up for Doorkee
For landlords, there is no opportunity cost to signing up for Doorkee. It’s easy to sign up, and there is no fee for doing so. It’s free to sign up, and many tools are available for free. With Doorkee, landlords only pay when a successful closing occurs.
Episode Resources
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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