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The concept of selling to the highest bidder isn't popular in NYC?


Well as the landlord, would you rather spend 2 months going over the appartment with 12 people or just take the first offer at 10% over list price?

Especially if you could go through 12 people and end up with nothing (since that gives time for people to find alternatives)


> Well as the landlord, would you rather spend 2 months going over the appartment with 12 people or just take the first offer at 10% over list price?

Neither? We schedule an open house for the next weekend, people make their offers that day, then we accept one the following day.


Shows what I know about selling houses. Definitely sounds like a better solution


I would have thought that selling vs renting are two different situations. Different enought to warrant a different approach for each of them.


Depends on the type of rental, I guess. If you're looking for long-term rentals (years), the process is probably much similar than if you're looking for seasonal or shorter-term rentals.


Maybe it was rent controlled.




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