When to take down a listing a repost with a higher rent?

[Luke Gates]

I’m starting my first house hack, and I have one more room to fill. I gave a friend a good deal on the first room, but I just put up the listing for the other room two days ago. Since then, I’ve had 9 inquiries about the room. I have 3 showings set up currently, and I have to get back to the other 6 interested people today.

My question is, when do you know that you’re undercharging for rent? This is my first time renting the room, so I’m not sure if 9 inquiries in that tome period is normal or enough to tell me that I should take down the ad and repost it at a higher rate. It’s priced similar to other house hacks in my area, but it is a few hundred less than what someone could get a 1 bedroom apartment for.

What do you all think? Should I see how many people actually apply, or should I raise the rent and repost it?