Welcome to Real Rent Comps, the best place to get
an instant online comparative
market analysis (CMA) for your rental real estate.
These comps will give you the information that you need in order to make
informed decisions about setting the rent price, rent increases, advertising, and more.
The result is maximized cash flow.
It is fully web-based, so there is no software to
install and maintain. All you need is a computer with Internet access!
To become a member of Real Rent Comps, sign up
for a yearly membership of $119.40 ($9.95 monthly). This gives you unlimited access to an
unparalleled database of rental comparables; the information you need to
directly increase your bottom line. This price is the same regardless of the number of properties
that you manage. And for a limited time, the $100 signup fee has been waived!
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The MLS isn't heavily used to advertise
properties for rent.
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If your
comps are based upon a small fraction of the information that is out
there, then it is very likely that you're using inaccurate data.
This means that you're either going to set the rent price too high
(attracting less desirable tenants) or too low (leaving money on the
table).
Real Rent
Comps pulls its data from the true source of rental property
advertising: the penny-saver classified newspapers. |
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Ever experience "thin comps"?
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| For example, you might not have seen many 4 bedroom properties that had
rented in an area, and had to resort to "creative comparing" like
considering 3 bedroom homes in the analysis. Because
you'll now have the ability to see more comparables, the missing pieces to
the puzzle, you will no longer need to play guessing games when there
are too few comps match your property. |
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Is it really worth it to spend money on
bold fonts or icons in the advertisements?
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| Real Rent Comps provides
this information too, because it grabs the advertisements exactly as they
appear. |
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Is your real estate agent holding back?
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| If the comps are being pulled by someone
else with a vested interest in the transaction, they may be showing you only
what they want you to see. With Real Rent Comps, you're in control. |
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Make more money by LOWERING the rent
price?
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| Real Rent Comps provides this
information and much, much more. |
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It is very likely to more than pay for itself,
literally, with just one rental unit.
If you're not a member yet, you
are probably already losing more than the membership fee. Here's an
example:
Assume that you have a single house for rent and are seeking out a tenant. Each day of vacancy costs about $45 (this
includes the normal fixed costs such as the mortgage and taxes, and
the holding costs such as electricity and lawn service). If you've overpriced the rent,
even by a little bit, this can easily cost several days
of vacancy... and you're also likely to get a lesser quality tenant
as a result.
Even if the rent was listed too low, you would also have been better
off by becoming a member if the value was off by more than $9.95 per
month.
Consider that the above example assumes a single unit. With
two units, vacancy losses occur more often (and you would
have half of the margin to have selected the "correct" rent
on both of your properties.)
The value in your membership increases with the number of units in
your portfolio.You probably wouldn't want to
be paid $9.95 a month to scan the newspapers to keep track of the
rent market every day. So let Real Rent Comps do it for that price
and you can focus on what you want to do.
Come see what you've been missing. This truly is the real way to
get real estate rental comparisons.
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