I Do NOT Have to Take Your Request for Silly Rent Reduction the Owner!

By
Property Manager with Gibson Management Group, Ltd.

RENTAL PROSPECT from my web site:  Will you inquire of your client if they would consider lowering the rent ? I know that a higher payemt is chosen to deter residents who would not take care of the property. I relocated from Fairfax county and I get it. I will take care of it, but I am asingle parent putting a child through University and working I'd just like to see if she would consider. thank you 

 

MY RESPONSE:  There is no incentive to lower the rent to less than what the owner has received for the last year.....good luck with your rental home search 

 

RENTAL PROSPECT’S RESPONSE:  but you do have an obligation to your client to present her with the request and let her decide 

 

MY RESPONSE TO HER MISTAKEN IMPRESSION:  Actually...no, I don't....don't confuse a property manager with a sales listing agent...I actually have specific duties assigned to MY DISCRETION by my management agreement and I have managed the property for over 15 years...I have no obligation to send your silly request to the owner as you are just telling me you can not afford the rent by asking for a reduction consideration prior to even looking at the townhouse...you are looking at rental properties out of your budget.....good luck with your rental home search.

 

Property managers operate under a different employment agreement than those of an EVENT agreement such as SELL MY HOUSE!

 

I have duties outlined in the agreement which include how much money I can spend prior to contacting the owner AND the leasing criteria and rental rate are TOTALLY at my DESCRATION....

 

I know the current rental market; I know what type of prospects are in the current rental pool and their approximate monthly income and employment and income AND I know the prospects for getting a property rented in a timely manner....so NO!  I don't have to take your silly rent reduction request to the owner whether it is verbal, via e-mail or in writing.

 

....I'm STILL not making this stuff up, I swear!

 

Posted by

Wallace S. Gibson is a Certified Property Manager with over 50 years of property management experience and expertise.  She maintains a specialized property management business in Central Virginia serving Albemarle, Greene, Fluvanna and Louisa counties  

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"...to be a Virginian, either by Birth, Marriage, Adoption, or even on one's Mother's side, is an Introduction to any State in the Union, a Passport to any Foreign Country, and a Benediction from the Almighty God...." Anonymous

 

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Show All Comments
Rainmaker
512,406
Bruce Hicks
Best Homes Hawaii - Honolulu, HI
Your Lifetime Friend/Helper!

I'm sure you've heard them all.  On an advertised rental listing, the people come to the showing and first thing they say is "don't you think the rent is a bit too high?  It should be about......xyz!"  I thought "Then why did you even come to the showing!"

Jun 06, 2014 12:33 PM #1
Rainmaker
1,275,994
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

She is wasting her time and delaying the process of getting relocated to the area with this game....she needs to be looking for homes that she can afford

Jun 06, 2014 04:43 PM #2
Rainmaker
2,346,102
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

Wallace, I just gave up my last gig as a Property Manager.  Dealing with this sort of thing has ceased to be enjoyable for me.  I'll stick to selling furniture part time.

Jun 06, 2014 07:41 PM #3
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

It is a very strange world that we live and work in Wallace.

Jun 06, 2014 08:03 PM #4
Rainmaker
2,796,464
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Yes, people can try almost anything to save money.  And, many do not understand how things really work.

Jun 06, 2014 08:16 PM #5
Rainmaker
1,275,994
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

My BIG question is if you can't pay MARKET RENT NOW how will you pay INCREASES in the future to remain at the property?

Jun 06, 2014 09:29 PM #6
Rainmaker
3,850,739
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Wallace, can't blame her for asking but her ciircumstances are not your concern. Good for you for standing your ground! Enjoy your day!

Jun 06, 2014 10:57 PM #7
Rainmaker
1,626,528
Mike Cooper, Broker VA,WV, MD
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

Wallace, that was a good analysis of the emailer. I'm sure she would have loved a price reduction, but why was she looking at that price range anyway?

Jun 06, 2014 11:33 PM #8
Rainmaker
1,275,994
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

Her response was to TELL ME that SHE HAD BEEN TOLD I had to take her request to the property owner who she called SHE and which is actually an LLC as shown on the tax assessor's records.

Jun 07, 2014 01:38 AM #9
Ambassador
2,091,013
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

Yes, you are right, property managers do indeed have a different set of rules.

Jun 07, 2014 07:09 AM #10
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Rainmaker
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Wallace S. Gibson, CPM

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