How do I find out how much to rent or lease my home for? What will the market give for the home?

Profile picture for Don R1
  • Don R1
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Lots of extras! Gorgeous 2800+ sq.ft. 4 bedroom, 3 bath home in beautiful Parkers Grove area ( Raeford NC). Just 15 minutes to FT Bragg Main Post, 20 minutes to Pope AFB, and 20 minutes from Camp McCall with great schools, plus all this… * 4 Bedrooms, Large Living Room with fire place, Formal Dining Room with wooden floor, Up Stairs Family Room / soft, Large Open Kitchen with ceramic tile floor and breakfast nook, Separate Laundry Room with mud sink, 2 Baths downstairs with ceramic tile floors. [removed by Zillow moderator]
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    January 03 - Raeford
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    Answers (7)

    Best Answer
    Profile picture for kassrose
    YES...it's the time of year.  I have closed over 600 leases in King County (greater Seattle area) and this past month was a tough one.  

    However, TODAY, I received 50 plus leads.  (Keep in mind I'm marketing nearly 20 properties).  But, what a relief to be busy again and have people to talk to! 

    Be consistent with your marketing!  Make sure you are on Zillow, Craigslist and don't forget a sign on the heavy traffic areas.  I'm rolling out a national marketing company (using a Zillow platform) to help people just like you.  With the power of the internet I could even assist you from Seattle. Contact me if you are interested.  

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    January 03
    Profile picture for Sharon Lewis
    Don, it could be because of the time of year, families with children will generally move in the summer to get their kids relocated in time for a new school year. You are near Ft Bragg, which means you could potentially get some of our wonderful men and women who are returning from Afghanistan and Iraq (welcome back to them)
    I would contact a local realtor, if you dont have one, I can refer you or pull down the professionals tab at the top here on Zillow. Put it on Zillow and also put it on Craigs List (be very careful on that site or any site for that matter) You want first last and security, do a credit and criminal check. Talk to their current landlord, etc. Put up posters in grocery stores etc....see if there is a military board you can post this to also.
    Best of luck to you.
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    January 04
    Profile picture for k.sebastian
    I agree ask an agent. They can look up your neighborhood very quickly and accurately to inform you on what is both available as you competition and what has already leased in that neighborhood so you know what people are willing to pay for your neighborhood/home.
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    January 03
    Profile picture for Ed_Kelly
    If your property is a townhouse in a community with amenities such as a fitness center, swimming pool, etc., a good source for comparison is the local apartments guide.

    Craig's List and other do-it-yourself sources of information reflect only what an owner thinks they can get.  You'll have no way of knowing the actual rent negotiated in a lease.

    For a single (detached) property, a real estate professional can search for similar properties that have already rented for comparison.
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    January 03
    Profile picture for kassrose
    Ask an agent to pull what is on the MLS ~ BOTH active and rented.

    Look at Zillow and click on the links around your property to see what others are asking.

    Go on Craigslist and act as though you are a renter ~ you should be able to narrow it down by city and approx rent rate.

    Once you know what you want...start high!  The holidays are over and people are starting to move again.  Drop by $50 every week or so, until the phone rings.  

    You will know when it's the right number!  
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    January 03
    Profile picture for Don R1
    • Don R1
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    Thanks for the insight... I have done the research and the price for my rental is about 55.00 a foot.  But no bites this time of the year.... do you think it is because of the time of the year?

    Don
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    January 03
    Profile picture for Gary Bell
    One way is to contact a local real estate professional. If you want to do it on your own, you can check the rental prices for properties around your home that are similar in size. This should give you a good idea of the rental rates in your area.
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    January 03
     

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