House rental period with auction in Istanbul
Nizameddin Aşa, President of the Istanbul Chamber of Realtors, said that some landlords and real estate agents will rent houses by auction.
According to the news of Cemre Nur Karaca from BloombergHT landlords who want to rent the house “There is a higher price than the advertised price” He says and raises the price, renting the house to the highest bidder.
Aşa’ysa, President of the Istanbul Chamber of Realtors, who touched on the subject, noted what he saw:
*Complaints about this issue come to us as well as it is very common. Landlords and some real estate agents are using this system to inflame competition among tenants. In fact, it is implemented as a bargaining method. A bargain is made for each product freely. However, it is necessary to complain about this situation by the consumer and the techniques of applying exorbitant prices to the wrong place.
*A penal application is made in which there is an exorbitant price increase that victimizes the tenant. Opportunism and exorbitant price penalties may apply. If it is done with bad intentions, if there is pregnancy, there are penalties for them. Those who want to rent need to be identified and complained about. In case of irregularities, complaints can be forwarded to the provincial directorates of the Ministry of Commerce.
Rental prices
Due to the policies of the administrations in Turkey, the cost of working and living cannot be avoided.
According to the evidence of Bahçeşehir University and Social Research Center’s Economic (BETAM) housing rents, the annual rental rate is 168 percent at the end of November.
It also does not help in the shots that are ruled to lose the sharp rise of rents. After a chain of 25 percent registered in residential rents, the initial rental prices had increased even more.