Do you allow haggling on your rent?

[Account Closed]

So I’m finally moving and leasing out my current homes. It’s the most expensive one in our neighborhood right now, but we also put a ton of money into fixing it up. We’ve had two applicants now that said they’d sign a lease for $100 less a month. That’s below all the other houses that honestly the owners didn’t take care of or update. Do you normally allow haggling on rents? The numbers still work, but it’s obviously way tighter. Thank you!

[Ray Harrell]

I wouldn't haggle at all. This is the rent, take it or leave it. If you allow them to negotiate the rent, they will negotiate EVERYTHING, because you have just shown that you have no hard and fast rules, and you have no backbone. If you think maybe the rent is to high, lower it for the next applicant, but do not haggle the rent.