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This is a case of information asymmetry being used as an additional advantage by property managers. The software cited, RENTMaximizer, offers aggregate price i
by koliber 3y ago
This is a case of information asymmetry being used as an additional advantage by property managers.
The software cited, RENTMaximizer, offers aggregate price information for property managers with the aim of maximizing prices.
Would a RENTMinimizer product, given away for free to tenants, help? It would show aggregate rents that tenants pay, including minimum ones, with the hope that they can use this information for more confidence when negotiating rents.
- harvey9 3y agoNo, it is an agreement between suppliers to set prices. Per TFA, one of the goals is to prevent property managers from negotiating with tenants.