Marcus Hiles Advises On Key Ways To Lower Rent Prices

Marcus Hiles Advises On Key Ways To Lower Rent Prices
Marcus Hiles Advises On Key Ways To Lower Rent Prices

Marcus Hiles advised renters looking to sign a lease to keep in mind a few factors that may impact the price of rent. According to a Forbes article on how to negotiate rental prices, collecting information about the neighborhood, the landlord, and what other tenants are paying — either in the same building or community – are all influencers to finding lower rental rates. Renters shouldn’t be afraid to negotiate prices either. Although transparently asking for a lower rental price might not be the best strategy, landlords are not necessarily opposed to negotiating. “Negotiation points for me as a landlord and property manager are length of lease and credit,” says Denise Supplee, co-founder of SparkRental.com, a full-service rental automation service. Another option is to offer to sign a long-term lease, advises Hiles. Landlords like the idea of being able to keep turnover rates down while still meeting their profit needs.

Read more: https://www.yahoo.com/news/marcus-hiles-explains-lower-rental-001000596.html