Monday, June 13, 2011

CLASS Leasing: If You've Ever Had Someone Object To Price...



It is basically an understood notion that the number one objection any leasing specialist will find at their respective community is price. Regardless of if the property has rents equivalent to every other property in the region, someone will complain about the price for rent being too much. I always joke that the rent for an apartment could be free and there would still be someone to say that it costs too much! A great way to look at the price objection is that it is something that will always be brought up, but at the same time, there is always some other property that probably is dealing with a price issue on a more grand scale. Insert One Hyde Park Apartments here. One Hyde Park Apartments just opened in January as the most expensive apartment building in existence. Although they are considered to be more of condominiums, they are still classified as an apartment community and value at about $9500 PER SQUARE FOOT! The details of this London-based community are absolutely jaw-dropping and almost seem like a fairy tale when you read what amenities come with being a resident at this community. This just goes to show once again that if you ever think your community is a little pricey, think again!

Enjoy!

CLASS Leasing

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