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Discussion
Don't Advertise the Price   5 replies   6 voices
PatrickMears Patrick Mears on Feb 8, 2012 10:40am
Property Manager & Business Owner  Rubix Realty  Rutherford  NSW
 

I had an interesting conversation with an owner yesterday when I called her regarding her tenant vacating.

I advised the rent I believed we could achieve and her response was, “I don’t care what you rent it for, but please don’t advertise the price”.

Her reasoning was that family members and friends know that they own the property and would see what rent they get. “Last time someone said, ‘Oh your place is for rent again. That must be good collecting an extra $x each week’”

I had a lengthy discussion with her about it and it ended with, “Just do what you have to do. If you feel you need to advertise the rent then do it”.

It didn’t end on a bad note. She could see my reasoning behind advertising the price and agreed but is probably waiting for that first phone call, “Oh, you’re getting $x for it now”.

Has anyone had a similar situation?

JenTanner Jen Tanner on Feb 8, 2012 3:01pm
Staffer  apmasphere  Sydney  NSW
 

That’s realy interesting Patrick. Just goes to show how many different landlords there are out there and how many differnt service levels, different relationships we must provide to accommodate them. Great example of letting us know not all Landlords want the same thing. 

realestmum Jo Mannix on Feb 8, 2012 7:49pm
Property Manager  G1  Mooloolaba  Qld
 

Even with advertising the price you still get people ask how much it is. It would be difficult to rent a place without the rent being shown though

cpasslow Clare Passlow on Feb 10, 2012 11:49am
Director  Crack the Whip Real Estate Consulting and Training  Sydney  New South Wales
 

perhaps you could advertise a range so the nosey friends dont know the exact price?

StaceyHolt Stacey Holt on Feb 13, 2012 11:59am
DIRECTOR  Real Estate Excellence Academy  Brisbane  QLD
 

In QLD the rental price must be shown on advertising a per section 57 of the RTRA Act

Kind regards

 

Stacey Holt

www.realestateexcellence.com.au

PeterH Peter Hobbs on Mar 7, 2012 10:20pm
Queensland
 

I think the owner needs to learn the art of “mind your own business”.

As the saying goes: once bitten twice shy. She should just bluntly advise them, “it is none of your business”, then shut up and walk away or hang up.

This may sound rude, but nothing wrong with suggesting this to an owner- politely of course. Maybe they would appreciate this guidance.

 

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