Rentals

Sammy · 05-18-2005, 11:53 AM

I have a 4 bedroom house with all the amenities right on the lake. I need to rent it out for a few weeks this summer to pay the taxes. My real estate agency up to this point has not found anyone interested. Should I be worried? (I am) Should I be looking at another agency? Please let me know what your experiences have been regarding rentals.
Sammy

GusMan · 05-18-2005, 01:23 PM

If I were really dependent on that rental income, then yes... I would be somewhat concerned. When I used to rent similar size houses for prime summer weeks, I'd be looking to book much earlier than right now.

Unless you have some exclusive agreement with your current agent, it never hurts to talk to more than one real estate agent.

Cheers....

Gusman

Boater · 05-19-2005, 05:48 AM

Quote:

Originally Posted by Sammy

My real estate agency up to this point has not found anyone interested.

Either the price is too high or you have a lousy real estate agent.

If it were me I'd:

1. Lower the price.
2. Place an ad on the classifieds here and the Boston Globe classifieds right away (they work!).
3. Talk to the agencies dedicated to rentals like Strictly Rentals or Preferred Properties Vacation Rentals. They'll know if you are priced right.

Just my $.02

ApS · 05-19-2005, 06:58 AM

Quote:

Originally Posted by Sammy

Should I be looking at another agency? Please let me know what your experiences have been regarding rentals.
Sammy

Even if you signed "an exclusive" with the agency, it doesn't mean you can't fill the vacancies with renters -- or friends -- that "turn up" from elsewhere. (Or yourselves, for that matter).

Your agency hasn't ever called to ask, "Are these dates available"?

Lexxi · 05-19-2005, 08:41 AM

We have found that the real estate agencies charge way too much. Plus you can't get into the rental property until like 5:00 pm, by then the day is gone. Did you try advertising in the Winnipesaukee classisfieds? Try posting a sign outside or in local stores put up the advertisement. We have never gone through an agency and have been renting up there for 20 years, and never been disappointed. Just think, with all that money we could of owned our own property by now.

jkjoshuatree · 05-19-2005, 09:11 AM

Quote:

Originally Posted by Sammy

I have a 4 bedroom house with all the amenities right on the lake. I need to rent it out for a few weeks this summer to pay the taxes. My real estate agency up to this point has not found anyone interested. Should I be worried? (I am) Should I be looking at another agency? Please let me know what your experiences have been regarding rentals.
Sammy

Email me some info (pics would be great) about the house. I'm looking to rent this summer. Our family is getting to big to fit at our place on Bear Island and my girlfriend and I (with her 3 kids) are looking for our own place for a week.

Lbnjbut@msn.com

Thanks.

SPANKY · 05-20-2005, 05:33 AM

i agree with boater, i have rented from the classifieds here on this site and they work great. i am also interested in some more info or even possibly some pictures of your place. send me a pm when you get a chance, thanks, spanky

cjay · 05-23-2005, 12:18 PM

We've always had positive results with Preferred Vacation Rentals Inc. (used to be Preferred Properties)
They advertise all over the place, have linens available, and have gone as far as purchase a new fridge (at a very good price) when our's broke down. When we return in the fall our place is as clean as we leave it.

If this is your first time to rent, you might want go a little lower than the agency suggests, and if you make your place inviting to your guests, they will want to return next year.

Good luck, Chris

On Barndoor · 05-24-2005, 02:44 PM

I would recommend putting an ad with some photos on Cyberrentals. We had great luck, with renters coming from Florida to California, and great interest in the September/October "offseason".

T.H.E. Binz · 05-24-2005, 03:09 PM

I have had a very good four-years letting Century 21 of Center Habor rent my Meredith lakefront property in July and August (strictly for the purpose of paying for the real estate taxes). They screen potential renters and take care of any problems that occur which is a relief given that I am 400 miles away!

05-18-2005, 11:53 AM	#1
Sammy Senior Member Join Date: Sep 2004 Posts: 73 Thanks: 0 Thanked 4 Times in 3 Posts	Rentals I have a 4 bedroom house with all the amenities right on the lake. I need to rent it out for a few weeks this summer to pay the taxes. My real estate agency up to this point has not found anyone interested. Should I be worried? (I am) Should I be looking at another agency? Please let me know what your experiences have been regarding rentals. Sammy

05-18-2005, 01:23 PM	#2
GusMan Senior Member Join Date: May 2004 Posts: 123 Thanks: 0 Thanked 42 Times in 24 Posts	Summer rentals.... If I were really dependent on that rental income, then yes... I would be somewhat concerned. When I used to rent similar size houses for prime summer weeks, I'd be looking to book much earlier than right now. Unless you have some exclusive agreement with your current agent, it never hurts to talk to more than one real estate agent. Cheers.... Gusman

05-19-2005, 08:41 AM	#5
Lexxi Member Join Date: Apr 2004 Location: Merrimack, NH Posts: 44 Thanks: 0 Thanked 0 Times in 0 Posts	Summer Rentals We have found that the real estate agencies charge way too much. Plus you can't get into the rental property until like 5:00 pm, by then the day is gone. Did you try advertising in the Winnipesaukee classisfieds? Try posting a sign outside or in local stores put up the advertisement. We have never gone through an agency and have been renting up there for 20 years, and never been disappointed. Just think, with all that money we could of owned our own property by now. __________________ Lexxi

05-24-2005, 03:09 PM	#10
T.H.E. Binz Senior Member Join Date: Apr 2004 Location: Meredith & Chadds Ford, PA Posts: 112 Thanks: 0 Thanked 11 Times in 8 Posts	Another Rental Agency Suggestion I have had a very good four-years letting Century 21 of Center Habor rent my Meredith lakefront property in July and August (strictly for the purpose of paying for the real estate taxes). They screen potential renters and take care of any problems that occur which is a relief given that I am 400 miles away!

05-20-2005, 05:33 AM	#7
SPANKY Senior Member Join Date: Apr 2004 Posts: 51 Thanks: 0 Thanked 0 Times in 0 Posts	i agree with boater, i have rented from the classifieds here on this site and they work great. i am also interested in some more info or even possibly some pictures of your place. send me a pm when you get a chance, thanks, spanky

05-23-2005, 12:18 PM	#8
cjay Junior Member Join Date: Mar 2005 Posts: 9 Thanks: 0 Thanked 0 Times in 0 Posts	We've always had positive results with Preferred Vacation Rentals Inc. (used to be Preferred Properties) They advertise all over the place, have linens available, and have gone as far as purchase a new fridge (at a very good price) when our's broke down. When we return in the fall our place is as clean as we leave it. If this is your first time to rent, you might want go a little lower than the agency suggests, and if you make your place inviting to your guests, they will want to return next year. Good luck, Chris

05-24-2005, 02:44 PM	#9
On Barndoor Junior Member Join Date: Apr 2004 Location: Bedford, NH Posts: 4 Thanks: 0 Thanked 0 Times in 0 Posts	I would recommend putting an ad with some photos on Cyberrentals. We had great luck, with renters coming from Florida to California, and great interest in the September/October "offseason".