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Property Management Guidance

REAL ESTATE
REAL ESTATE

The criteria for renters with pets

AUTHOR: Lydia
28.10.2009

Pets – you either love them or loathe them. As a property manager you must keep an open mind about allowing pet owners renting from you.

Over half the renting population are pet owners, so don’t make a rash decision and deny pets from your property, as you could be reducing the number of potential renters considerably.

Negatives attached to renters with pets:

• Pets cause damage if not under the correct supervision by their owner – this can lead to repairs that exceed the initial deposit, and trying to obtain any back dated claims from ex-tenants can prove difficult

• Pet odours can linger, so you may find cleaning bills are higher and items like carpets may need replacing more frequently

Positives associated with offering pet friendly rentals:

• Pet owners prefer longer terms as pet friendly rental accommodation may be limited

• Larger deposits are usually agreed because of the potential of higher cleaning bills or to cover damage caused by pets

So when deciding on whether to accept pets take into account the potential costs it may incur, but weigh up the benefits of maybe being the only rented property in an area, thus making your property more desirable to those with pets.

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