How to manage multiple viewings?

Landlord Discussion
1

Hi

We have viewings arranged for today, tomorrow, and Saturday. We are wondering what to do if one of the prospective tenants tells us today that they wish to go ahead, when we have already committed to viewings with other Prospective tenants?

Do we tell everybody that we are going to let them know on Monday, and risk losing them?

Or accept them (subject to referencing), and continue to show it to other prospective tenants in case the references don’t come through?

Your advice would be much appreciated.

Thank you

Amanda

2

Don’t put all your eggs in one basket …
Do the viewings so you have a choice!

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3

Hi Amanda, I am a new Landlord. In my case all the future viewings were cancelled automatically, once the tenant pay the holding deposit and I accept it. I hope it answer to your question.

4

Thanks. In that case I won’t request the holding deposit until the viewings are all completed!

2 Likes
5

holding deposits are a complete waste of time IMO. Keep doing viewings until you find someone you want to rent to. Keep advertising and taking enquries until that person signs the TA and pays first month’s rent and deposit. Only then stop advertising. Things can fall through at any point up until then. Keep everyone posted of the situation and where they are in the queue.

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6

Thank you. That sounds like a very sensible approach, and very fair to potential tenants so long as I keep them properly informed - as you suggest.

7

Keep doing the viewings, refuse all holding deposits. Choose who you want, not vice-versa

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8

yes, good communication is key here. You don’t want anyone shocked that they missed out.

And I always advise applicants to keep looking and not hold out for my property just in case.

9

Thanks Graham, will do.

Tony

10

I once had 4 potential viewings over a few days and told them all that I would be making a decision after all the viewings.Remember some viewers may not find that the property is suitable for them. Once you have decided on your tenant, inform all the other viewings as soon as possible. At each viewing ask more questions again and get as much information as you can about each potential tenant. You make the final decision and don’t be pressurised into making the incorrect decision. Always remember this is a business.

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