Difference between "no longer listed" and "rented"
Started by Will
over 5 years ago
Posts: 0
Member since: Nov 2018
Discussion about
So there was a rental listing that I was really excited about, and I was so busy I had to wait a day to actually email about it. But I went back and couldnt find the listing even if my "off market" saves. Finally I found an open tap with the old link, and its not saying its been rented just that its "not currently listed"? Does anyone know what that means? Is there a chance I can still rent this place off street easy? Thanks.
Reach out directly and ask. That coding is not reliable.
In broker-to-broker databases there are a bunch of intermediate codes that indicate that an application has been taken, leases have been sent out, etc. It's possible that the property is in one of those intermediate stages -- I agree that the only way to know is to reach out to the listing agent.
Right now there are a number of buildings playing some cat-and-mouse games with rental listings where they have significantly more listings actually available than are on any listing website at any one time, but they are continuously changing which units are available, rents, concessions, etc.
Street easy charges for rental listings so if there is interest or an application on an apartment brokers will take it off the market and put it back if the deal doesn’t happen.
I also notice the cat and mouse game. There clearly is supply out there. Glenwood for example only lists one apartment I believe in a line. Once one gets rented they open up the other. Unless someone specifically wants higher or lower floor.
So you have to think the actual vacancy rate is even higher than being reported.
https://www.mansionglobal.com/articles/manhattan-rental-vacancy-surpassed-5-in-august-219370