Have a home or an apartment that you’d like to rent? Before you can post it online, you have to know how much to charge.
Here are a few tips that will enable you to price your Redmond rental property properly.
Compare similar properties in the area
What you charge for a house will be very different from what you can charge for a two-bedroom apartment. The area you’re located in matters too.
Start by comparing properties that are similar to yours in your area. Consider square footage and the condition of the property when making comparisons.
Know the difference between advertised and rental prices
When you’re comparing prices to other properties, it’s important to know that the advertised price is different than the rental price.
Properties generally end up renting for less than what they’ve been advertised for, especially right at first, so make sure you factor that in when you’re pricing your Redmond rental property.
Having trouble pricing your Redmond rental property? Leave it to the pros at Mountain View Property Management. Give us a call today and we’d be happy to help you find the perfect price for your apartment, house, or condo.