Sarasota Real Estate Market News

‘No pets’ may be deal breaker for renters

NEW YORK – Sept. 7, 2012 – If a rental unit doesn’t allow pets, more renters say they don’t want it.

A recent survey by Apartments.com found that 43 percent of respondents said that they currently own pets and more than a quarter said they plan to get a pet within the next year. Even among those who aren’t pet owners, however, 34 percent still said that they want the option and enjoy living in a pet-friendly building.

“Renters have made it clear that not accommodating a pet could be a deal breaker in their apartment search, and many apartment managers have taken this feedback into consideration and adjusted pet policies,” says Tammy Kotula, a spokeswoman with Apartments.com.

Only 20 percent of non-pet owning renters said they avoid buildings that allow pets.

The most popular pets renters own, according to the survey are: a small dog under 25 pounds (35.5 percent); a cat (24.2 percent), a large dog that weighs more than 50 pounds (13.6 percent), and a medium dog that weighs between 26 to 50 pounds (11 percent).

Source: “National Survey Reveals Trends in Pet-Friendly Renting,” RISMedia (July 29, 2012)

© Copyright 2012 INFORMATION, INC. Bethesda, MD (301) 215-4688

October 23, 2012 - Posted by | News related to Investors

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