‍Start with Our Precision Rent Estimate Our advanced algorithm analyzes millions of data points and local market trends to provide you with an accurate starting price point. Let our technology do the heavy lifting for you.

Stay Ahead of Market Shifts After receiving your initial rent estimate, we'll keep you informed with regular updates on local market trends, helping you make data-driven decisions.

Frequently Asked Questions About Pricing Your Rental

1. How should I determine my starting listing price? 

Consider factors such as your property's unique features and current market conditions. Doorstead's precision offer tool provides an excellent starting listing price for determining your optimal rental prices. 

If you then decide to use Doorstead for its property management or tenant placement services, we will provide you with weekly updates on what the optimal price is for your property to generate the highest amount of revenue. 

2.  When should I consider adjusting my rent price? 

Consider raising your rent if:

• Market rates have increased
• You've made significant property improvements

You might consider lowering your rent if:

• You're struggling to attract tenants
  • We recommend that you attract at least 2 or 3 showings each week to lease a home quickly. If you do not have this traffic, your home may be overpriced. 
  • Other strategies include updating photos (professional photos vs. self-taken photos), providing a clearer listing description, including amenity photos and information such as a shared pool or outdoor space. 
• Local market conditions have softened
  • Doorstead will provide you with customized pricing guidance that helps you stay informed about the right time to make these adjustments. Owners who follow our guidance find a tenant to lease their home on average in just a few short weeks. 

3. How does Doorstead calculate its rent estimates? 

Our sophisticated algorithm takes into account:

• Property details (square footage, number of bedrooms and bathrooms, amenities)
• Comparable rentals and their market rates in the area
• Recent property updates 

While our estimate serves as a valuable guideline, owners always have the flexibility to adjust based on your specific circumstances.

4. How can I effectively market my rental property? 

Online presence is crucial in today's digital age. 

Doorstead offers integrations with 13 major rental listing platforms, such as Zillow, Trulia, Apartments.com, Hot Pads and more, maximizing your property's visibility to potential tenants. 

These listing platforms cover up to 90% of all rental listing traffic in your local areas, so you’re covered. 

5. What should I include in my rental listing? 

Craft a compelling listing with:

• Detailed property description (bedrooms, bathrooms, square feet, laundry).
• Clear pricing information and lease terms (number of months).
• High-quality photos (we recommend at least one for each room, one exterior of the front, and one exterior of the back).
• Virtual tour options.
• Information on parking, utilities, pet policies, and amenities.
• Highlights of the local area and neighborhood. (Remember, you should refrain from using prohibited language detailed here).

Remember, Doorstead is here to provide you with data-driven insights and expert guidance throughout your rental journey. You can always reach out to us at prospects@doorstead.com.

Let us help you maximize your rental income!