Unlock Your Ideal Tenants at a Top Price with this Simple Method ๐ย
Many landlords will almost instinctively go for the letting agent who quotes them the highest rental valuation for their property.
It is understandable but it can be naรฏve!
Overpricing can be a costly mistake that many landlords make by assuming it's a guaranteed achievement.
In today's competitive rental market, finding the sweet spot for your property's rent is crucial.
Like we said, the market is competitive so you are certainly likely to achieve a higher rental value than you would have in previous years, however, we are living in a cost-of-living crisis meaning that people are mindful of overspending and wary of overpriced property.
Here's the catch: overpriced properties often struggle to attract interest in the initial weeks, leading to inevitable reductions and increasing the chances of your property becoming stuck for weeks or months on end.
To avoid this trap, you need to maximise interest in the first week!
Our unique launch strategy involves arranging a block viewing within seven days; not only boosting competition but enabling us to negotiate upwards with multiple interested parties.
The Key Steps:
1. Start with the Correct Price: No under-pricing, no overpricingโfind the sweet spot โ see the video to learn how to do this yourself!
2. Arrange a Block Viewing: Generate interest and competition early on.
3. Multiple Offers, Ideal Tenants: Cherry-pick the best tenants and request the best and final offers for upward negotiation.
This is your ideal position to be in.
Avoid the 'reduced' tag and create a competitive environment from the get-go.
Want to know how to check the correct price effortlessly? Check out this week's video for a simple and effective method, or give us a call and let us do the work for you!
Don't miss out on maximising your property's potential! ๐
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