Property is unlike most other things that you buy - there
are no set prices.
Buyers and sellers must negotiate a price that is acceptable
to both of them.
While the asking price is a guide of what the vendor would
like to achieve or what the selling agent would like to get, for you the asking
price is only a rough indication.
To determine how much a property is worth you need to check
all the very recent comparable sales, the property’s intrinsic value, and then
also determine the following 3 figures:
- What
price do I want to pay for the property?
- What
do I consider the market value to be?
- What
price am I prepared to pay, and when am I prepared to walk away?
With RealRenta, you can efficiently
manage various types of properties, including residential, commercial, share,
and student accommodations. Our platform makes property management accessible
and affordable, costing less than a cup of coffee per week.
We also offer a free version for you
to explore. I encourage you to check it out and see how RealRenta can simplify
your property management needs.
Jason Gwerder
Sunday, 22 February 2026
