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Updated over 5 years ago on . Most recent reply

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Self-Showings for Condo

Trevor McCloskey
Posted

Hello BiggerPockets community,

I am trying to get a 3/2.5 condo rented in Phoenix AZ.  The property is a new build and has been on the rental market for 3 months now.  I've decreased the rent twice and am below other listings for similar properties in the neighborhood.  My property manager is recommending that I allow for self-showings which allows potential tenants to tour the property without a realtor as long as they put in a credit card number prior to visiting the property.  I'm a little nervous about allowing self-showings since it's a new build and I would be really disappointed if anything happened, even with the ability to charge for damages with the credit card number. Would it be worth it to try this solution and accept the risk?

Most Popular Reply

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,085
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

That is not something I would be comfortable doing. What if someone uses a stolen credit card, then steals all the copper and appliances or something.

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