Our Rental Analysis Reports include similar properties rented in your area over the last year. The purpose of the rental analysis is to determine the top market value of your property from a renter's perspective and find the price that will attract the most qualified tenant quickly, maximizing your year-end profit margins.
The purpose of the Rental Analysis is to determine your property's value from a renter's perspective and find the price that will attract the most qualified tenant in the shortest time, maximizing your year-end profit margins.
Renters determine value by comparison shopping. They will compare your property's price and features with similar properties that have recently been rented or are currently on the market.
We aim to price your property competitively to attract multiple high-quality rental applications in under 30 days.
Pricing it too high can result in not getting suitable applications and leaving it vacant for months. This can lead to a loss of end-of-year profit due to missed rent and paying expensive vacancy holding costs like mortgage, taxes, insurance, HOA fees, utilities, and maintenance.