2 ms·
>in SF, it's snapped up within a week, even if the listing price is set above market rate That makes it the market rate for the apt though. You'd be above mark
by carlmr 9y ago
>in SF, it's snapped up within a week, even if the listing price is set above market rate
That makes it the market rate for the apt though. You'd be above market rate if it didn't get rented out in a normal timeframe.
- kelnos 9y agoNo it's not; that's a pretty circular definition. Determining the market rate involves comparisons with similar units in the same neighborhood.