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Wednesday, December 23, 2009

How Does The Holiday Season Affect Your Vacancy?

There is a lot going on this time of year, and the only exception is renters looking for places to rent!

If you are a new landlord and have been anxiously awaiting your phone to ring for that brand new ad you placed on the internet, don't be disappointed if you have less calls then you expect. December and January are the slowest months of the year for property managers and it is always more difficult to find renters at this time of year.

Contributing factors:

  • Most people with school age children move while school is out - during July and August
  • Who wants to look for a place when it is -40 degrees outside!
  • With the holidays, most people are busy shopping, getting together with family, etc. and their minds are not on relocating
  • Who wants to move on New Year's Eve!!!

If you are a landlord, you may have to offer some incentives such as lower rent during this time of year to entice people to choose your property.

If you are a tenant, this is a good time to move (if you are motivated!) because you will have more units to choose from and less people to compete with!

Got questions? Email us at

Garamark Property Management is located in Winnipeg, Manitoba and successfully balances protecting the investment of an owner and retaining happy tenants.

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