Tag Archives: Toronto residential rents

When it comes to setting rents: Your “best rent” is not your “highest rent”

apartmentforrentJust had this conversation with a client. Yes, it’s true. Your best  rent is not usually your highest rent! I recall a scene from one  of my favorite  novels. The man was deciding what to offer a contractor. He said:My offer will be  his “best offer”.  It may not be his “highest offer”, but it will be his “best  offer”.

What does this mean when it comes  to renting residential properties?

You do  NOT want to ask for the highest possible dollar amount for rents.



The reasons are:

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