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Updated over 2 years ago on . Most recent reply

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Beto Sanchez
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How long do you wait before considering lower rent on listing?

Beto Sanchez
Posted

How long do you wait before considering to lower rental on a listing?

  • Beto Sanchez
  • Most Popular Reply

    User Stats

    375
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    Tim Miller
    • Rental Property Investor
    • Laurel, MD
    379
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    Tim Miller
    • Rental Property Investor
    • Laurel, MD
    Replied
    It all depends on your location. I would be looking at Realtor.com & Zillow to see how long other similar property are sitting on the market for. I would also check to see if your amount is similar to other similar units or not. If higher, I would lower to be inline with the competition and see how it goes from there. Good Luck.

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