Updated almost 3 years ago on . Most recent reply
Feedback on Rental Listing
I listed my first rental unit in July or August and received hundreds of inquiries within the first few days, about 20 applications by the first week, and I got a signer 2 weeks in. Unfortunately, we then had an issue with the City and had to put a halt on everything. Ended up terminating the lease and refunding the renter who has now found other residence. We have now resolved everything with the city and are permitted to rent out the unit.
I relisted it about 2 weeks ago and have had very few views/hits. Maybe 10 inquiries total, 5 showings (none of them are going to work out, missing income limits etc...) I'm not sure if it should be attributed to the Holidays, or something else, but here's the current listing, which is almost identical to the summer listing (just added more wintery wording such as "cozy up by the fireplace..."). Feedback would be greatly appreciated!
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- Real Estate Broker
- Cody, WY
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Markets slow down in the winter, particularly around Thanksgiving and Christmas. People are busy with other things and don't want to move. It will start to pick up again in January.
100 inquiries is too many. That indicates that it's priced too low or something. I typically get no more than 10 inquiries/showings on a property before it rents.
- Nathan Gesner
