Rent increase and agents fees
I'd like to know what amount you can increase rent by in terms of a percentage. My agent is suggesting a 2-4% rise, which I dont agree with. My rent has not gone up for over 6 years now, surely the market is not stagnant? Also, this is the second year of renewals with this agent. He only found this tenant, does not manage. what should I pay him for a renewal based on this?
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