Owner reduces bureaucracy to take property out of the refrigerator
Concessions for renting a property faster range from allowing pets to unsecured contracts The real estate rental market had to reinvent itself to turn the loss caused by the crisis in the sector into profit. According to a survey by Secovi-SP (housing union), between June 2018 and May 2019 there was a 3.04% growth in the number of rents in São Paulo. The warming, albeit in short steps, is an indication that landlords are following what experts recommend to attract new tenants: reduce bureaucracy. immobile “Two things weigh a lot when renting. The first one is the price negotiation itself and the second thing is the guarantee for the owner. There is a mismatch between what the consumer wants and what he finds in the market”, warns Débora Seabra, economist at Grupo Zap, a rental platform. There are numerous ways to get a property out of the refrigerator after months of being out of service, such as shorter contracts, flexibility in c...