Help Establishing Rent
Do you need help knowing where to set your lease fees? Frequently, a landlord is getting rents below area prices either in hopes of keeping current good tenants or due to needing to be more naive about the market's going rate.
We can help you navigate this delicate dance between giving the farm away or losing tenants. An appraiser assists in setting rents based on having MLS access to comparable homes, condos, apartments, and rental info. By systematically comparing rentals like they do sales, appraisers have an established methodology to compare units beyond typical location, design, or bedroom and bath counts. If you do not use a property management company, an appraiser can fill in, giving a professional, unbiased estimate without the cost of ongoing monthly fees like a property manager.
Click here to obtain an appraisal report to help establish rents.
Aside from an estimated rent, your rental report will also include:
-
Suggestions on how you advertise your rental unit
-
Report current rental market trends in your area
-
Best recommended improvements for your rental property