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Updated about 8 years ago on . Most recent reply

User Stats

16
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0
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Clyde Stackhouse
  • Investor
  • Bellevue, NE
0
Votes |
16
Posts

I over priced my rental? Can I fix it?

Clyde Stackhouse
  • Investor
  • Bellevue, NE
Posted

We have finally started our REI journey and have posted our house for rent. It's been up for less than 24 hours and already have 5 people who want to see the house.

Rent estimates online say $900 is the Zestimate etc but we listed for $975. I'm wondering if we should have priced the 2Bd 1 Bth for $1000 instead due to the amount of interest.

Question: Can we change the listed rental price or is it too late?

*We don't close on our new home for another 30 days so we still have some time before a tenant could actually move in.

any input/feedback and stories would be greatly appreciated.   Omaha, Nebraska

Most Popular Reply

User Stats

63
Posts
36
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Alan Strong
  • Real Estate Broker
  • Omaha Ne
36
Votes |
63
Posts
Alan Strong
  • Real Estate Broker
  • Omaha Ne
Replied

You could use the lower rent pricing as a teaser style ad. For example, You could offer the $975 for an 18-month agreement, if the client is looking for a shorter term lease you could offer $1050. Hope that helps! 

  • Alan Strong
  • Loading replies...