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With the current challenges for homebuyers, like inflation, market conditions, and interest rates, renting is becoming increasingly popular among U.S. residents. According to a recent report by Redfin, in the second quarter of 2024, the share of American renters grew to a record number of 45.2 million, with the nation adding about 855,000 rental properties this year.Â
With increased rental inventory and demand, many agents are choosing to focus on rentals as we move closer to 2025. Knowing how to market to renters effectively is essential to succeed in this industry sector. Although some strategies are similar to appealing to buye...
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