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Updated over 4 years ago,
Setting rent price (first property, first listing)
Hi all,
I am brand new here and could use some advice. We are preparing the listing for our rental property and have been looking at real estate websites to see what price seems reasonable. Unfortunately there aren't any direct comps currently for rent in our town so I am having to get a bit creative to come up with a number. I am wondering if we should go on the higher side and potentially drop our rate down if we don't get much response, or if it is better to start lower.
Thank you for any advice.