Utilize these strategies next time a unit ends up with multiple offers!
When Erin Wheelock recently listed a two-bedroom, three-bath condominium in New York City’s Flatiron District, she knew it would be snapped up quickly. What she didn’t expect, however, was that she’d receive six bids the first weekend after the unit hit the market—and that it would end up renting for $13,300, nearly 11 percent over the asking rent of $12,000 per month. The winning bidder also agreed to pay her brokerage commission.
Tenant advocates — and even some landlord groups — are calling for authorities to crack down on rent gouging in the wake of devastating fires. Some property owners, however, appear unfazed....
![Signs of rent gouging rise across region in fires' wake, bringing calls for enforcement](https://ca-times.brightspotcdn.com/dims4/default/7f9f2a0/2147483647/strip/false/crop/6720x4480+0+0/resize/1500x1000!/quality/75/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F96%2F95%2Ffac936c946099cebee3dd5af0183%2F1490746-me-0114-plisades-fire-sunset-mesa-neighborhood-013.jpg)
In the wake of devastating fires, the Los Angeles City Council is looking to ban evictions for unauthorized tenants and pets, citing people who have welcomed the displaced into their rental homes. ...
![L.A. City Council moves to bar evictions for unauthorized people and pets amid fire emergency](https://ca-times.brightspotcdn.com/dims4/default/6acb193/2147483647/strip/false/crop/8192x5464+0+0/resize/1500x1000!/quality/75/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F75%2Fb5%2Fbaf16f6e4246b02b61dccc4663b9%2F1490212-me-0111-pacific-palisades-ruins-cmh-10.jpg)
After fleeing the scene of a fire, homeowners and renters face questions about their property taxes, mortgages, rent payments and utility bills. ...
![I was forced to evacuate my home. Do I still need to pay my mortgage, rent, utility bills?](https://ca-times.brightspotcdn.com/dims4/default/58bcba9/2147483647/strip/false/crop/6720x4480+0+0/resize/1500x1000!/quality/75/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F89%2F8b%2F206b1f3c421ea09ead101b873ac3%2F1489711-me-0107-palisades-fire-gem-001.jpg)