DALLAS, Jan. 30, 2017 /PRNewswire/ -- Real Estate market authority, Marcus Hiles knows firsthand that people want to enjoy a comfortable and luxurious lifestyle at an affordable price. What landlords will rarely tell their renters is that they use yield management software, which automatically raises rent when popular floorplans are requested. Marcus Hiles not only specializes in anticipating real estate market trends, but also provides the knowledge on how to negotiate rental rates.
If renters ask the landlord what floorplans they have available without persistently looking for the most popular designs, the rent price decreases. A New York Times article states that yield management software can also benefit residents. "Just as travelers can lower their airline fare by flying at off times, residents can often lock in lower monthly rents by agreeing to lease terms that help apartment owners avoid downtime or fill less popular units."
Marcus Hiles advised renters looking to sign a lease to keep in mind a few factors that may impact the price of rent. According to a Forbes article on how to negotiate rental prices, collecting information about the neighborhood, the landlord, and what other tenants are paying are all influencers to finding lower rental rates. Renters shouldn't be afraid to negotiate prices either. "Negotiation points for me as a landlord and property manager are length of lease and credit," says Denise Supplee, co-founder of SparkRental.com, a full-service rental automation service. Another option is to offer to sign a long-term lease, advises Hiles. Landlords like the idea of being able to keep turnover rates down while still meeting their profit needs.
Marcus Hiles, Founder and CEO of Western Rim Property Services, has spent more than three decades working hard to meet the public need for high-end developments and rentals. Being the son of an inner city minister, Hiles is deeply committed to education and has donated over $2.5 million to public and private K-12 initiatives, after school programs, and university career services and job placement programs.
Marcus Hiles - Chairman & CEO of Western Rim Property Services: http://www.MarcusHiles-News.com
MarcusHilestx (Marcus Hiles) - DeviantArt: http://marcushilestx.deviantart.com
Marcus Hiles (@marcus_hiles) - Twitter: https://twitter.com/marcus_hiles
Marcus Hiles - New Luxury Apartments in Frisco, TX - YouTube: https://www.youtube.com/watch?v=dmsJNbfOh-g
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SOURCE Marcus Hiles