STR Chandler AZ Rental

[Laura Au]

Hello,

STR available for rent in Chandler, AZ. Location is 2477 W. Market Pl. #26, Chandler, AZ 85248, see URL above. Looking for rental market insight on STR (6 month) from local Property Management or Realtors in the area.

https://www.zillow.com/homedetails/2477-W-Market-Pl-UNIT-26-...

[Josh Young]

@Laura Au the property looks nice, but I think it's overpriced. I would recommend lowering the price to avoid vacancy, every month of vacancy is equivalent to an 8% loss in revenue.  The price for a long term (longer than 30 days) furnished rental in this market is 10-15% higher than the unfurnished rate. I'd say you would be at $2200 unfurnished, so that would put you at $2500 furnished. The fact that Zillow says you have only had 5 contacts in 89 days confirms the fact that you are over priced. I also don't see any of the terms listed in the write-up, I would add more details about length of lease, utilities, tax, fees, pets, etc. I manage other furnished rentals in the area and would be happy to answer questions for you if you want to reach out.

[Mason Weiss]

I would add photos of the amenities, your listing mentions a community pool and golf course, I would showcase both of those for listing appeal.

[Mike Musarra]

Quote from @Josh Young:

@Laura Au the property looks nice, but I think it's overpriced. I would recommend lowering the price to avoid vacancy, every month of vacancy is equivalent to an 8% loss in revenue.  The price for a long term (longer than 30 days) furnished rental in this market is 10-15% higher than the unfurnished rate. I'd say you would be at $2200 unfurnished, so that would put you at $2500 furnished. The fact that Zillow says you have only had 5 contacts in 89 days confirms the fact that you are over priced. I also don't see any of the terms listed in the write-up, I would add more details about length of lease, utilities, tax, fees, pets, etc. I manage other furnished rentals in the area and would be happy to answer questions for you if you want to reach out.

 I thought Zillow didn't allow users to see how many contacts listings have gotten anymore.  Is that information hidden somewhere?