should i advertise my rental property on gumtree?
TRANSCRIPT
Tenant Management
Should I Advertise on Gumtree
Hello, my name is Michael Gilbert and I'm a licensed real estate agent and I'm here in behalf of tenantmanagement.com.au. Here I'm going to answer the question, "should I advertise my rental property using Gumtree?" Ok, so for those of you who don't know what Gumtree is, it's a large online trading post type website where people advertise many things on there, from pets to finding a date this Saturday night.
Advertising on Gumtree
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Tenant Management
So the pros of advertising on Gumtree would be that it is free and you do get a large amount of hits on there, which is actually quite surprising, because if you compare it to realestate.com.au, there's approximately 35 times more properties advertised on that website as opposed to Gumtree.
In terms of the cons for advertising on Gumtree, it's not targeted to rentals or properties, and on the flip side of being free, there's not as many quality advertisements on there, and, therefore, there's not as many quality tenants that go to the website Gumtree to find properties for rent.
The Pros & Cons of Gumtree Advertising
Should I Advertise on Gumtree
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Tenant Management
Gumtree is also very internationally recognized so you do get a lot of internationals who come in to Australia and possibly
not even having jobs and trying to find a rental property, and they're too scared to go to a real estate agent because
they know they're going to get checked.
Ok, so to answer your question, "Should I advertise my property on Gumtree?" sure, I'd give it a go. But I would go, in
conjunction, with using the larger type targeted websites like realestate.com.au. And I'll have to make sure I have the
time to do it so create the advertisement and receive the phone calls. I'd also need to properly check or screen the
tenants when they make a phone call inquiring about the property before I even show them the house. And also, it goes
without saying, to properly vet your applications, and I can't stress that enough.
Gumtree is internationally recognized
Should I Advertise on Gumtree
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Tenant Management
So, like I said, yup, give it a go, but in conjunction with
realestate.com.au. If you are considering advertising on
Gumtree, make sure you do think about advertising on
realestate.com.au and you can do that by jumping on
rentmyestate.com.au. In conclusion, advertising on Gumtree
to find some tenants, yup, it's a cheap way of finding tenants
but it could also land you some cheap tenants, so it may not
be worth it. If you would like some more information on
finding tenants and managing tenants, jump on
tenantmanagement.com.au. Thank you for listening, have a
great day and we'll speak with you soon.
Advertise also on Realestate.com.au
Should I Advertise on Gumtree