Reply: Seattle what does everyone think about 180 notice to increase rent!

Name
Leave blank to post anonymously.
E-mail
Your e-mail address will never be displayed on the site.
Subject
Attachments
's Avatar
Kandice Jenkins
We always do 3-6 months as a courtesy - with the notice there could be another market increase if they don't lock in their rate & sign by a certain date (market changes can happen at any time).
Posted 2 years 5 months ago
's Avatar
Lori Lindley
Too long , I would recommend 90 day
Posted 2 years 5 months ago
's Avatar
Shawn James Haussler
What I think is crazy is that tenants in WA are only required to give a 20 day notice to vacate still. How are you to predict how many residents saying they are going to move out in 160 days to know how conservative to be on the increases?
Posted 2 years 5 months ago
's Avatar
Eva Radecki
I'm curious..what is the average price for rentals in that area?? I think i heard it was very expensive comparatively, so if it is..and the increase is substantial...most people need a bit of time to come up with the money, find a place to live...
Posted 2 years 5 months ago
's Avatar
Laura Renaldo
Is it legal to do a tiered renewal amount? So 6% increase if renewed at 180 days and then 1% higher per month until 10%?
Posted 2 years 5 months ago
's Avatar
Ned Wasserstein
Agreed. We give them an option within their first 6 months to switch to a 2 year lease which avoids the increase entirely.
Posted 2 years 5 months ago