Establishing Your Base Rent

Are you trying to lease your property, or is the state of your property helping to the competition to secure a tenant? Establishing your base rent for your property is driven strictly by the open market. Overpricing is the most common (and costly) mistake made by landlords entering the marketplace. Considering the costs of vacancy, “testing the waters” to attract the perfect tenant may prove disastrous to your campaign. NationalRealty.ca provides a method for determining your optimal base rent along with costly mistakes to avoid when considering your asking price.