All Forum Posts by: Rafael Valdor

Hi Rafael, I reviewed your listing as well. Primary issue I see is being priced too high for the current market by a few hundred dollars. I know you mentioned other units are listed comparably but asking price is not the same as rented price. I’d revisit the pricing, happy to go over it on a phone call if you would prefer. I’m in Calgary as well :)

I would recommend rewriting the narrative. Selling the convenience of the location first and in such detail may lead some renters to assume that there is something not so great about the house itself since the sale in on the location. Sell the home to whoever your target tenant will be - modern, sleek, urban, renovated, bright/spacious; then sell the location - not whether they have a bank account or need a 7/11 - just that it is located to 'dining, entertainment, shopping, more.' You want prospective tenants to come see it, walk it, imagine living there so don't get in the weeds on the details or offer photos that aren't great. I manage my own properties as do my clients; with the electronic resources for screening, rent collection, more - the ROI is greatly improved and you retain control of the property.

Hope this helps. It's a great property. But there are also 411 townhouses listed for rent on renterfaster.com so you'll need to elevate your listing to generate more serious candidates.

Best.

 Hi Rafael,

Realtors don't typically do tenant placement in Calgary, I'd recommend working with a property manager instead (but as you eluded, there are a LOT of bad ones out there). How much are you trying to rent your townhouse for? Unless you have a really bad listing, changes are you are asking too much if you are not getting much interest on rentfaster. A property manager will take the workload off your shoulder but they likely won't get you a higher rent unless your listing is terrible.