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Get a FREE assessment of your rental property. Start here!

Get a FREE assessment of your rental property. Start here!

How is market rent for my property determined?

There are several factors that go into determining what to rent a property for. At RPM Champion we use multiple sources of comparable rental listings, including our own proprietary database, to track rental rates in the area. We adjust for amenities that the home or community offer and make recommendations to our owners for what to set the rent at to attract good tenants.

Much like the real estate market determines sales prices, the local rental market determines rental rates. There are three factors that contribute to how much your rental property will receive in rent each month.

  1. Availability and rental rates of comparable properties
  2. The features and benefits of your property
  3. The marketing exposure for your vacancy

After we receive the details of your specific rental property, we will complete a market analysis and set a starting price. We then evaluate all vacancies under our management on weekly basis, making adjustments in the price or within our marketing strategy to get it rented as quickly as possible.

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Contact Real Property Management Champion

Our property management strategy is proved to really save you money at every course of the process. We make it trouble-free and easy to protect your investment, cut back on disbursements, and grow your money —without restraining your daily life.

If you are eager in having your Wilmington property managed by Real Property Management Champion, have many more questions, or just see fit to speak to one of our team members, then contact us online or call us directly at 910-782-4488 today!