I advertised a property earlier in the week. Within 48 hours I had ten groups lined up to view and had to start refusing any more inquiries. Showed all parties through and they all want to rent it. I have increased the rent 4% on what it was 9 months ago. One applicant even offered more than the asking price. Another offered to clean the property after the current tenants leave.
It's always easy to rent this property but it seems like the Auckland market is super tight for tenants. Rents will surely start rising noticeably especially with the rates increases.
Now I'm stuck trying to decide who to offer the place to. So many nice people... just one property available. How do people decide on tenants when in this situation? It doesn't feel right to accept more money than we listed it at. I think the listing price is good enough for me without being greedy.
It's always easy to rent this property but it seems like the Auckland market is super tight for tenants. Rents will surely start rising noticeably especially with the rates increases.
Now I'm stuck trying to decide who to offer the place to. So many nice people... just one property available. How do people decide on tenants when in this situation? It doesn't feel right to accept more money than we listed it at. I think the listing price is good enough for me without being greedy.
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