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Updated almost 4 years ago, 03/03/2021

User Stats

11
Posts
8
Votes
Jamie Bergstrom
  • New to Real Estate
  • Chicago, IL
8
Votes |
11
Posts

Condo rental not getting traction

Jamie Bergstrom
  • New to Real Estate
  • Chicago, IL
Posted

Hi all,

I have had my condo listed for rent for close to a month now. I have had two people inquire (without responding when I answer questions) and no applicants. I believe I have priced it fairly based on the unit, condition, parking included and some other amenities. Though, I assume it being winter and COVID impacting the way people are moving around these days are playing big factors. Wondering if others are seeing rental properties move or if you are also having issues? Maybe I do need to continue to lower the price, but worry about going too low. 

How long do landlords usually see it takes to see interest in your properties? Best places or market? Any tips on success?

One person told me he has most success posting on Facebook Marketplace, however even though mine is posted, I do not see my property listed when I do my own search of parameters I should fall into.

Thanks in advance!

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