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Raising The Rent on a Elderly Person

By
Real Estate Agent with Realty Pro, Inc. #96851

pupsSome people are like hugging a sweet puppy. Yesterday I was showing multi family units to a client from California. He was only here for a couple of days. I had lined up several duplex units for him to see throughout our fair communities of Vancouver and Camas Washington.

We visited several really nice places. When we got to a Camas, Washington duplex, the listing agent met us there to show us around. When he knocked and the door opened, lo and behold there was a sweet elderly person I knew from my church, St. Thomas Aquinas in Camas, Wa. She gave me a big hug. I've known her for about twenty years. She has this calm air about her, very relaxing. To me, she is like a sweet huggable puppy. So accepting, well...I could go on but you all have your own memories of favorite elderly people and sweet dogs.

What happened was...my client looked all around the duplex unit. Went outside, did the whole walk around type thing, asked some questions, etc.  Then the agent made a "mistake." I guess you could call it a mistake. Well, he saved the elderly woman from having the stress of a new landlord for a another time. The listing agent mentioned that the previous landlord had tried to raise the rates some years back and this sweet elderly person got really angry. So, he didn't raise the rent!

My client got in the car and I asked him..."well, what did you think of that one?" He said..."I'm not buying that one. She is way too sweet to raise the rent on her!!" I told him that unfortunately, someone is probably going to buy that duplex and raise the rent. He said, "Well, it won't be me. I can't do that to her."

 It's pleasant to work with clients who actually think about and are concerned about the welfare of others.

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I know landlords who do not raise the rent for the same reason.

Feb 15, 2009 09:26 PM
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Jill - Sweet story.  Unfortunately, raising rents is business and not personal.  Recently, I've actually lowered rental rates for several of my tenants due to the current economic shift.  I'd rather make less and keep good tenants.

Feb 15, 2009 10:47 PM
Jill Watts
Realty Pro, Inc. - Vancouver, WA
A Luxury Experience at Every Price Point!

Gita and Jennifer...It is business. But I can imagine becoming friends with my tenants and then feeling guilty! Ugh.

Jennifer, it's nice you lowered the rents for now. Did you give them a time when you'd return to the regular rents?

Feb 16, 2009 03:56 AM
Peg Prather
Vancouver, WA
Vancouver, WA

What a sweet story! It's nice to see that people are concerned about elderly people who have no way to make extra money to pay for increases in rent, utilities, etc. It sounds like this person has high values and personal standards.

Feb 16, 2009 07:08 PM