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Updated over 2 years ago on . Most recent reply

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Lisa Thiessen
  • Weatherford, OK
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How long before move-in do tenants start making inquiries?

Lisa Thiessen
  • Weatherford, OK
Posted

What does your rental cycle look like? Rental rates are increasing in my market and I'm experimenting with raising rent as I fill vacancies, but I'm wondering if I've reached the top. I have a tenant moving out at the end of October, but he gave me plenty of notice, so I listed the property in mid-September to be available on November 1. I'm not sure if I have the property priced too high ($100 more than the current rent) or if people who want to move on November 1 just aren't looking yet. 

My question is, how far in advance of their anticipated move-in date do you expect prospective tenants to start making inquiries?

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,391
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Lisa Thiessen:

Most Tenants are looking to move in within 1-2 weeks. Maybe 20% are looking 3-4 weeks out. Fewer than 5% are looking farther than one month.


  • Nathan Gesner
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