Is it too early to lower the monthly rent advertised?

[Ngan Nguyen]

So I just started out with my first rental property. I posted my rental ad on multiple platforms (zillow, trulia, zumper, craigslist, apartments.com) and set the rate about 10% higher than the market with the intention to lower it gradually and also my unit is freshly renovated and nicer than the comps. I posted from Saturday (today is Tuesday) and I have received one to two inquiries every day. 2 people have toured the property but no one submitted application yet. 

Is it too early to lower my rent rate or should I give it a few more days? Is the level of interest that I received considered normal? This is my first time so not sure what to benchmark to. Thank you for any input!

[Thomas S.]

I would be looking for a tenant for the first of October at the earliest so yes now is way, way to early to be second guessing your rate.

If you are hoping to get someone in for September they are likely in the process of being evicted right now so be very cautious.