How many homes will the average renter look at before renting

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Jul 10, 2016 Views5,938 Answer a Question

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About 7 years ago
I look at 7-10 homes before making the decision. I often find myself in a situation where I like a property, but it is probably somewhat overpriced. A while ago I found the rental platform Rentberry that makes our real estate market more efficient and transparent. Now at least I know whether the price is fair for the property or not.
About 7 years ago
I would say about 5-8 homes generally.
About 7 years ago
Typically less than when buying a house, I have seen people make their decision in one afternoon, just visiting 3 or 4 houses. The higher end you go, the more picky the renters go. For high end rentals over $4000 they can visit 10-20 properties.
About 7 years ago
Good afternoon!

The number of home a tenant will look for before renting will depend on the tenant, their timeline for moving, their price point and the number of properties available for rent in their price point, and special circumstances they have which will limit their search, etc. There really isn't an "average" tenant since everyone is so very different. I will say that most of the tenants I have worked with start looking for a home when they are 30-45 days from their lease ending and then view a handful of homes before applying. Since the lease application and approval process is fairly quick, one can go from viewing properties to submitting and application, being approved and signing a lease all within a couple of days.

Hope this helps!
Darby
About 7 years ago
I would say 5-8 houses would be a good mix to see what areas the client would be happy in.
About 7 years ago
Generally I find that most tenants look at about 6 homes before making their decision... as long as their Realtor has done the "digging" questions so that they may be able to narrow down and eliminate options.
About 7 years ago
Typically, if they know what they are looking for then 4-6 homes
About 7 years ago
Depends on the person and their Realtor, if you can do all the legwork before meeting (criteria,wants/needs,budget,lifestyle). Normally anywhere from 4-10 max.

Enough to prove to them this is the best fit for them at the best price currently on the market.
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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