First time ever - can't get my property rented in Fort Worth

[Steve S.]

I've rented this probably several times. It's an upscale townhome. The lease i've ever rented it for is $2700.  Just had a tenant move out after 2 years and listed for $2800 based on some other rentals in the area / comps and have lowered it $100 / week every two weeks.

Now have it listed for $2495.  Have shown in 7 or 8 times but no takers.

Any recommendations what to do?

I paid to have it listed on MLS

I'm going to call a couple of property management companies (I manage it myself as it's pretty new and requires very little effort to manage) to see if they would be willing to find a tenant for a fee and have me still manage it.

Not sure if the market is soft or is this is an unusual situation of just bad luck / bad timing.  

[Scott Ewell]

I have definitely been noticing the changes in leasing, buying, and selling. I realize we’re getting closer to the end of the season,  but it seems slower in all areas this year. I just finished my most expensive purchased SF house and the rehab cost approximately 20k, and I just leased it for 1650. I only had two showings and maybe 7 emails (including the junk emails you get when you list a house for lease...). The second couple that looked at it was a perfect match/fit for the property. I usually have to be prepared for when I hit the “launch button” for all of the phone calls, txt’s, and emails, but not this time, it was crickets. Again, my other properties range from 1225-1325, so I realize it’s a smaller pool. I’ll be listing another one for 1525 hopefully next week, we’ll see what happens with that one. 

I use Zillow to list my properties, but this last one I also used Zumper on Facebook, but didn’t get any response from that. 

I don’t feel DOM from Zillow are accurate. I sometimes think people don’t remove the listing just to keep getting contacts for their other properties. 

Whatever you do, don’t let your gaurd down and let just anyone lease your property...