Thursday, March 19, 2009

Keeping Rental Dreams Realistic

With less than one year to go until the Vancouver Whistler 2010 Winter Olympic Games there is still time to rent your place, but there is one major caveat; Be Realistic!

The world has changed a lot in the last twelve months since many would be short-term Olympic landlords saw the dollar signs in their eyes.  Global credit markets have seized.  Global real estate prices have plummeted.  Global stock exchanges have crumbled.  Olympic sponsors have vanished. Olympic rental asking prices have remained stable.

Hmmm... what's wrong with this picture?!  Well, it's all wrong, but the one part that hasn't changed is the one part that must if you want any hope in renting your place for 2010.  Neither the team at Winter2010Rentals.com, nor anyone else is going to pay $500 per night to stay in your cramped basement suite in Abbotsford to enjoy the games, we're not going to spend $50,000 per month to stay in your 2 bedroom condo in East Vancouver, and we're certainly not going to fork over $15,000 per week to stay in a one bedroom condo in Whistler Village.

We suggest you start by lowering your sights somewhat, and from there make sure it's clear that you have set an "asking" price where the negotiations can start.  You may get your entire asking price and more, or you might get somewhat less, but make sure you remain flexible so you're not left out in the cold.

To post your accommodation for free please visit our rental forums.  

[If you have already posted your listing on our website, consider adjusting your pricing to better reflect the current market conditions.]

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