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JustAsking

Mismatch Pricing And Lack Of Effort

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Hi

Just like to provide some pointers to landlords and tenants alike, who are renting out their premises or wanting to rent a premise.

Firstly, it does much favour, to both parties if the transaction is carried out without an agent but why you may ask, why are there so few if ever direct transaction taking place, with so many rental transactions going on every year.

First, tenants need to realistic about offering a price which they want to rent a premise for. Even if they were to put up notices of their need to rent a premise at the many free/paid web sites if they offer a rental rate way too low from the current market price for that sort of premise, no decent landlord would contact them.

The same applies to landlords, who overprice their property for rental. But there is no shortage of landlords or owners themselves putting their premise up for rental at whatever price. Then why are the direct tenants not calling them?

This is where my second point comes in.

Second, tenants must make the effort to sieve and call up as many owners/landlord who advertised their property themselves to be able to do a direct transaction.

And they must inform the landlord honestly about their needs and the possible type of tenants they are.

Failure to do so, will cause them to miss the chance to get a good premise at a good price.

Experienced and good landlords will be able to sieve and negate these 'dishonest' tenants even if the tenants are willing to pay the rental rate.

Thru experience, landlords have mentioned that they have received so many calls form agents but few from tenants themselves. This shows the lack of effort from the tenants themselves and their faliure to fully disclose their needs, which have allow agents to quiclkly filled up this void and act as the middle party.

So if tenants are unable to get a place directly with a potentiol landlord and has to do it thru an agent and has to pay a substantial agent fee for it, they only have themselves to blame, well mostly.

Hope this helps.

Cheers

 

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