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Re: Posting Once a Property is Rented (by Candice and John M.):

phill12

mccabin wrote:

jayjay wrote:

mccabin wrote:

jayjay, If we have received the downpayment, but the final payment is not due for several months (late summer rental), should we still cancel the posting ad on Redweek once the downpayment is paid?

Good question .... in this situation I would keep the ad up until the final payment is received.

If I had other inquiries, I would tell them that you have a downpayment on the rental, but you're waiting to take the ad off until the final payment is received.

I would just add to my ad " Rental contract in process".

If interest please e-mail in case of deal not completed in timely manner. Thank You

This way you keep your ad up but your not wasting peoples time by going through e-mailing you just to find you might have rented.

Most people with interest won't wait anyway because they will be looking for another unit.

I would never wait long for payment and maybe give them chance to find better deal and leave me hanging.

Rental is to be paid with signed contract and no refunds later.

This also stops all these sad stories that people come up with when they do find better deal and in many cases a few weeks before their vacation they might find last minute owner just trying to make maintance fee so deal is locked in with payment.

If someone is going to pull this then they understand upfront that they can not waste your time!

f coarse if they had a loss in the family I would let them out with proof and refund their money but that is it.

Thanks for more good advice! It always helps to have a bit of input in hopes of doing things correctly.