Successful Resales & Rental Feedback Wanted
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Original Message:
The current market... (by KC):
adahiscout wrote:True enough, but unfortunately "fairness" and "expectations" may simply not reflect the harsh reality of the current marketplace in this soft (...at best) economy. These days, many weeks actually rent for LESS than the annual maintenance fees. I rented just such a week in coastal Florida earlier this year, directly from an owner --- and paid about $200 LESS than the annual maintenance fees! In the end, ONLY supply and demand determine or dictate market pricing. Renters will almost always just seek out the best deal available and they don't care one bit about an owners' maintenance fee amount.Just the MF might be fine when renting to friends but it would be only fair to expect a little extra for your time and effort, not to mention your equity, when renting to strangers. MD