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I had a Zillow listing, but after some applications and talks with some local folk, I’ve realized I severely underpriced the rental property. Is it legal to change the price ?

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  • This is money, not law.
    – Robert Longson
    Jun 16, 2022 at 20:08
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    Laws vary by region, but if you've taken applications it feels like a crappy thing to do even if legal.
    – Hart CO
    Jun 16, 2022 at 20:20
  • What do the terms and conditions for Zillow say? Jun 17, 2022 at 12:15
  • If you're not bound to any accepted applications then I assume you can delete the listing and re-list it higher.
    – MonkeyZeus
    Jun 17, 2022 at 14:28
  • @Robert Longson what one can legally do in forming a particular kind of contract is absolutely a matter of law and on-topic here. Jun 17, 2022 at 23:05

2 Answers 2

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You can change the rental price any time before there is an agreement with a particular rental applicant to rent the property at a particular price. Simply applying to rent property listed at a particular price does not result in a binding agreement to rent the property at that price.

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An online listing such as Zillow represents an "offer". Offers can be revoked or modified at any time before someone "accepts" an offer. After acceptance, it is a "contract". (More information)

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  • An online listing such as Zillow is not an "offer". It is an invitation to make an offer. It cannot simply be accepted and result in a binding contract.
    – ohwilleke
    Jun 20, 2022 at 16:56

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