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Updated over 4 years ago on . Most recent reply

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Paul Sandhu#4 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • The worst town to live in, KS
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Potential renter thinks your STR is too expensive?

Paul Sandhu#4 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • The worst town to live in, KS
Posted

Got a call from an engineer from India, kind of hard to understand with his accent.  He works for Honeywell doing instrumentation.  So I know he makes at least $40/hour and $120/day per diem.  Told him that a furnished place for just himself is $250/week.  He squeeled and balked.  Said he would be here until December.  He thought it was too expensive.  

What would you tell him?  I'll post up my response tomorrow.  As you all know, I can be pretty blunt and still be humorous.

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It's a cultural norm from South Aisa that you bargain hard on things like room and board. They respect you more when you bargain hard in return (but respectively). The trick is you need to provide some sweetener no matter how immaterial but to make him feel that he's the winner. 

For instance, you can say something like we can provide you a supply of water and some refreshment once a month. In actuality, you can just go to Costco, get a case of water and stack it up in the fridge for him. $13 and done.

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