Tech vs Curb appeal for tenants
Modern tenants are just as concerned about technology services such as satellite TV connections, internet accessibility and cellphone reception as they are about rent and the security of the property they are viewing.
“In a recent survey by apartments.com to establish which amenities tenants consider most desirable, 61% listed a pre-installed satellite TV connection and 53% listed high-speed internet access. By comparison, only 36% listed air conditioning and 22% listed parking,” says Gerhard Kotzé, MD of the RealNet estate agency group.“This can pose a challenge for landlords whose buildings have bad reception or are in a particular service provider’s ‘dead zone’, because tenants who can’t get a signal are not likely to stay.”
Kotzé believes that high data costs in this country mean tenants will want free Wi-Fi or at least a high-speed DSL or fibre connection to enable them to make the best use of their smartphones, tablets, laptops and gaming PCs, or to stream series and movies on their smart-TVs. “The tech-appeal of a rental property is rapidly becoming as important as the curb appeal, and landlords who want to attract more tenants – or retain existing tenants –need to ensure that their properties are sufficiently wired.”
Words: Property Professional