Renting out a flat

[cris]

I am trying to rent out a flat with the help of a real estate agency. They have found a potential tenant, who however requires both some improvements to be made at the apartment and a lower rent than quoted. In case I should not be willing to invest in the improvements, they offer a significantly lower rent. This second option is not acceptable at all, whereas I am pondering how to negotiate the first.

1. What if I accept to rent at the slightly lower price without making any improvement? 28.5 > 32
2. What if I accept to make the improvement but request the quoted (full) price? 15.0
3. Best approach to proposal? 41.6 > 19

Option 2 seems not viable - hex 15 unchanging in my own experience has never boded well. Option 1 is far from being promising (withered poplar...) however seems to be the better between the two and is also confirmed by the third general casting (decreasing as an increase).

What do you guys think? Thanks for any input :bows:

 

[goddessliss]

My first feelings about this are, let this potential renter go without renting it to them - that's what I feel of your last casting.
If this person is making demands now, can you imagine what could potentially happen in the future? That would be what I'd be thinking. - Liss

 

[cris]

Thanks Liss for your insight. I'm afraid I can't be too picky - the real estate market is down over here and a little negotiation is to be expected. Little, though...

 

[xuesongyu]

Hello friend:
1. What if I accept to rent at the slightly lower price without making any improvement? 28.5 > 32
The code of Hex 28.5 says "although there is no honor, you will not make a serious mistake", which means that this choice is not so good as you expected(because of the lower price). Hex 32 stands for a long time, I Ching suggests you that if you accept to rent at the slightly lower price, that tenant will want to rent it for a long time.

2. What if I accept to make the improvement but request the quoted (full) price? 15.0
Hex 15 means Modesty, and the hex code says "Everything will be prosperous. The upright man will have a good ending." If you make the improvement, finally it will benefit to you, because after all it is your own house. But of course, now you need to spend some money on it.

3. Best approach to proposal? 41.6 > 19
The code of Hex 41.6 says "You do not need to sacrifice yourself, many people will support you. You will not make a serious mistake...The emperor will get loyal ministers. " I think this code shows that you do not need to make the improvement or rent at the slightly lower price, because there will be another tenant who will pay higher rent. The "loyal ministers" is just like the agents.
Good luck to you!
---------------------------------------------
I Ching Codes Predicting the Future
http://www.amazon.com/dp/B00KRPT8G0/

I am trying to rent out a flat with the help of a real estate agency. They have found a potential tenant, who however requires both some improvements to be made at the apartment and a lower rent than quoted. In case I should not be willing to invest in the improvements, they offer a significantly lower rent. This second option is not acceptable at all, whereas I am pondering how to negotiate the first.

1. What if I accept to rent at the slightly lower price without making any improvement? 28.5 > 32
2. What if I accept to make the improvement but request the quoted (full) price? 15.0
3. Best approach to proposal? 41.6 > 19

Option 2 seems not viable - hex 15 unchanging in my own experience has never boded well. Option 1 is far from being promising (withered poplar...) however seems to be the better between the two and is also confirmed by the third general casting (decreasing as an increase).

What do you guys think? Thanks for any input :bows:

 

[goddessliss]

Thanks Liss for your insight. I'm afraid I can't be too picky - the real estate market is down over here and a little negotiation is to be expected. Little, though...

I thought that may be the case Cris. I'm not a real fan of 'what if...' questions.
I like something like - How would it benefit me to rent to this person
What is the potential I will find an alternative renter

- Liss

 

[cris]

I like something like - How would it benefit me to rent to this person
What is the potential I will find an alternative renter

Good suggestions - I've actually used one of those already for a casting on a different subject
I'll stick with the responses I got on this one. At this stage more questions would only muddy the waters.

 

[cris]

Thanks xuesongyu for your interpretation, very helpful. Hex 32 gave me a good vibe too.

I've responded to the agent offering option 1 or 2 (though my preference goes to the former). Now the ball's in the other court... I'll keep you posted.

Thanks again to both :bows:

 

[cris]

Hello fellow clarity seekers,
Just an update on this. Neither offer worked, and the prospect tenant faded away.
Good nine more months had to go by before finding the right tenant.