Negotiating rent possible: you just need to know the market
GLADSTONE rental prices are easing slightly and according to local real estate agents it can be the perfect time for rent negotiation.
For those coming to the end of their rental term, the current market can be the ideal opportunity to save some dollars.
Gladstone Elders senior property manager Nikki Nation said people need to know the market.
"If you want to negotiate something don't be ridiculous about it," she said.
"Do your research and put in a realistic offer.
"At the end of the day it is a lessor's decision."
Mrs Nation said most agents were likely to present offers to the tenants corresponding with the current market.
In the current market, Mrs Nation said there was not much of a decrease in the housing sector that real estate agents were noticing.
"It's been more the apartment complexes," she said.
"You may see a $10 or $20 decrease." According to the experienced agent, people are aware the rental market has dropped.
"I look at Facebook and the posts are coming through," she said.
Gladstone Remax Gold property manager Cyndi Ward said owners would take you more seriously if you could back up your offer with examples.
"It is important to look at key features to ensure they are comparing fairly."
Such features include location, presentation, size of the home, number of air-conditioners and outdoor areas.
"Moving is an expensive and stressful time not only for the adults but the children and family pets," she said.
"So I would question why you would move if you really don't have too.
"Most owners will listen to you if you produce the evidence when negotiating a rent reduction."