[quote=EconProf]30 showings and not one application? The market is telling you something here.
If you had lowered the rent after 10 showings, maybe one of the next 20 lookers would have applied.[/quote]
Around Labor Day I went to the prop mgmt company and said: let’s lower the rent, or do some kind of incentive.
They said: let’s hold off, were gonna get this rented.
I did get a call today from the prop mgmt company telling me it is rented. I’ll believe it when tenants are moving in and if it is true, it took much longer than I would have expected.
