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Updated almost 3 years ago on . Most recent reply

Beto Sanchez's profile image
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Beto Sanchez
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Marketing Your Property

How long do you wait before considering lower rent on listing?

Beto Sanchez
Posted

How long do you wait before considering to lower rental on a listing?

  • Beto Sanchez
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    Tim Miller's profile image
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    Tim Miller
    • Rental Property Investor
    • from Laurel, MD
    • Member since Nov 11, 2016
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    Tim Miller's profile image
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    Tim Miller
    • Rental Property Investor
    • from Laurel, MD
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    Tim Miller
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    • Laurel, MD
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    Tim Miller
    • Rental Property Investor
    • Laurel, MD
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    It all depends on your location. I would be looking at Realtor.com & Zillow to see how long other similar property are sitting on the market for. I would also check to see if your amount is similar to other similar units or not. If higher, I would lower to be inline with the competition and see how it goes from there. Good Luck.
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