Dealing with landlords can sometimes feel like navigating a maze of contradictions and stubbornness. You present them with concrete evidence about their rental’s worth, but they refuse to see what’s staring them in the face. Let’s dive into the absurdity of irrational and inflexible landlords and try to make sense of their baffling decisions.
1. Ignoring the Evidence: The Denial Dilemma
Imagine this: You’ve done your homework, crunched the numbers, and presented the landlord with black-and-white evidence of what their rental is worth. And yet, they look at you as if you’ve just suggested they rent out their property for Monopoly money.
- The Concrete Proof: Comparable properties, recent rental data, and market trends all point to a clear rental value. It’s as plain as day, but the landlord remains in denial.
- The Stubborn Stand: “My property is special,” they insist. Well, every property is special in its own way, but that doesn’t mean it defies market logic.
2. The Price Rollercoaster: The Incoherent Strategy
Then there’s the pricing strategy that makes you question the very fabric of reality. They list the property for $2750 on 4/26, reduce it to $2600 on 5/17, and then increase it to $2700 on 6/3. Are they trying to confuse the market, or are they just confused themselves?
- The Initial Price: $2750, ambitious but possible.
- The Reduction: $2600, a step in the right direction.
- The Increase: $2700, wait, what? Why? It’s like a plot twist in a bad movie—unexpected and nonsensical.
3. The Missed Opportunity: The $100 Mistake
You have two stellar tenants with credit scores above 800 and close to $200,000 in annual income ready to sign. But the landlord balks at the idea of lowering the rent by $100. How does this make sense?
- The Perfect Tenants: High credit scores, solid income, the dream tenants every landlord wants.
- The Petty Refusal: Losing out on these tenants over a mere $100. It’s like turning down a winning lottery ticket because you don’t like the numbers.
4. The Community Context: Ignoring the Market Reality
In the past few months, at least eight properties in the community have rented, and not one has gone above $2500. If that’s not a clear indication of market rent, I don’t know what is. And yet, this landlord refuses to budge.
- The Clear Data: Comparable properties renting for $2500 or less. The evidence is overwhelming.
- The Stubborn Refusal: “My property is worth more.” Sure, if it were made of gold.
Conclusion
Dealing with irrational and inflexible landlords can be an exercise in frustration. Ignoring concrete evidence, using incoherent pricing strategies, and missing out on perfect tenants over trivial amounts makes no sense. It’s time for landlords to face reality, listen to their agents, and make informed decisions based on market data.
PS. Landlords, trust the evidence and your agent’s expertise. Don’t let stubbornness cost you stellar tenants and prolonged vacancies. The market doesn’t lie—adapt to it and make decisions that make sense.