Tech vs Curb appeal for tenants

[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.0.47″][et_pb_row _builder_version=”3.0.47″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.0.47″ parallax=”off” parallax_method=”on”][et_pb_post_title author=”off” comments=”off” _builder_version=”3.0.47″ title_font_size=”50px” title_text_color=”#0c71c3″][/et_pb_post_title][/et_pb_column][/et_pb_row][et_pb_row admin_label=”row” _builder_version=”3.0.47″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.0.47″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.0.47″ text_font=”Roboto|on|||” background_size=”initial” background_position=”top_left” background_repeat=”repeat”]

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

 

[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]

Share this article:

more top news stories

Getting fined and possibly losing your FFC – blame HOAs

HOAs are now extorting agents to the detriment of sellers

It has recently come to light that, in addition to the so-called ‘accreditation fees’ many HOAs are “forcing” agents to contravene the PPA by penalising sellers by refusing to release clearance certificates if the agent refuses to pay either their ‘fee’, or a fine for not being registered with the estate.

A repo reprieve, at least for now

A repo reprieve, at least for now

The Reserve Bank’s MPC elected to leave the repo rate unchanged at 8.25%; what are the implications for the property market? Industry leaders weigh in.