In Texas, the economy grew 2.5% during 2024's first quarter according to data from Texas Economic Development & Tourism. This means that the Texas economy grew faster than the nation's seven quarters in a row.
While business is doing well in Texas, it can sometimes be difficult for commercial property owners to fill vacancies. Rather than waiting for business owners to come to you, make sure that you're employing smart commercial property marketing strategies.
Looking for the best real estate marketing tips? Here's how you can market your commercial properties in Frisco, TX.
1. Optimize Your Listings
One of the best things you can do to market commercial properties effectively is to optimize your listings for searches. Make sure your descriptions and headlines are filled out fully.
Adding keywords to your listings that people will be searching for can be very helpful. Always include phrases such as "property for rent", "great location" and other keywords that potential tenants who are leasing commercial spaces are looking for.
2. Include Professional Visuals
Also, include high-quality media in your listings as well. Be sure that you're including multimedia such as:
- High-quality images
- Videos
- Drone footage
- 3D virtual tours
All of these can help you market your commercial property and attract the attention that you want, making it easier for potential tenants to get a clear view of your property.
3. Run Online Ads
While some tenants will find your property through a search, it's better to be proactive. Running online ads can help you get more eyes on your listing, more quickly. This will make it more likely that you'll find a great tenant to rent from you.
Online ads allow you to target specific demographics and can help you reach them more cost-effectively than traditional advertising options. If you need extra help, the right property management services can help you perfect your online advertising strategy.
4. Don't Forget the Signage
While online ads work great, using "for rent" signage is still one of the best property advertising methods. Signage can help you target potential renters in a hyper-local way and a business owner who is looking for space in the area might happen to see it.
While it shouldn't be your only strategy, signage can be a great addition.
5. Serve Your Tenants Well
The more that you can maintain your properties and take care of existing tenants, the better off you'll be when it comes to commercial property sales and rentals. Be sure to provide a great experience to all current tenants you have. As an added bonus, this will help you retain great tenants as well.
Getting online reviews and testimonials can also help prove your properties are worth the cost and that you'll be able to provide a great experience as a landlord.
Employing These Commercial Property Marketing Strategies
To make more money with your investments, consider using these commercial property marketing strategies. Optimize your listings, run online ads, and take care of your existing tenants to fill vacancies more easily.
If you need help with commercial property marketing in Frisco, TX, consider hiring PMI North Texas. With years of experience in property management and a strong dedication to our clients, we can help meet your needs.
Ready to accelerate your real estate business growth? Contact us today to learn how we can help.
