Hi Ronulas

Thanks for your reply.

The agent actually said the asking price is fair it’s just that the rental market is quiet in Melbourne CBD which has been exacerbated by the number of vacant properties which are up for lease.

However, I appreciate your comments and adding a sweetener such as an incentive may make all the difference.

Thanks again []

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Firstly,

What reasons did the agents give for the property not renting. Are they valid? eg is the rent too high? By the tone of your post you don’t think so. If there is no obvious reasons then just advertise in local shop windows or drop some flyers in letter box’s and your property should rent no probs.

On the other hand if there is some reason why your property is not renting eg too dark, then you may need to spend some time and money improving the disposition of the place.

also,

I have had no experience at this but there are some other posts that suggest adding some incentives to prospective tennants. eg set up electrical goods deal or something of that nature.
Anything that will make your property stand out from the others.

My 2c worth.[]

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Hey Rickie,
So is it commercial or residential ?? Which part of the world are you in ?

Enjoy
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(Andrew)

“Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved.”

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