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Nicholas D'Andrea
  • Accountant
  • Philadelphia
28
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Rental Posting - Not many leads

Nicholas D'Andrea
  • Accountant
  • Philadelphia
Posted

Hi BP Community,

I posted my rental 13 days ago and have not had many serious candidates. Unless hiring a listing agent, any ways to boost my leads? I posted on Zillow, Trulia, Hotpads and Apartments.com. I will be posting on FB Marketplace later today.

https://www.zillow.com/homedetails/2232-Manton-St-Philadelph...

Much appreciated. 

Nick

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Stuart Udis
#3 General Real Estate Investing Contributor
  • Attorney
  • Philadelphia
2,849
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Stuart Udis
#3 General Real Estate Investing Contributor
  • Attorney
  • Philadelphia
Replied

@Nicholas D'Andrea I am not too familiar with the Point Breeze market but it appears the home you are trying to rent, 2232 Manton Street is a 1,060 SF 3 Bed 2 Bath home & is on the market for $2,900. Meanwhile, 2212 Manton Street which is a 4 bed 3 bath home and 1800 SF above ground with a finished basement (2400 SF total livable SF) was leased  in March for $2,925. I didn't conduct a deep dive in to the neighborhood comps but this initial observation points to a pricing issue. Perhaps someone with more knowledge on the neighborhood rental rates can chime in. From my experience, if your rental is priced correctly, is listed on zillow and you are responsive to inquiries with the ability to show the property hiring a real estate agent is not necessary. 

  • Stuart Udis
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