Not all Guam homes are created equal and that can be said of the rental price. When you are house hunting don’t be intimidated by the listing price as all prices are negotiable. Keep in mind that you don’t want to negotiate too low from the asking price. But then you never know what the Owner will be willing to take unless you present your offer to the Owner.
Talk to your agent about negotiating the price for you when searching for Guam houses for rent. If you are working with an agent make sure you understand the agents role in securing your lease. Keep in mind that there are buyer’s agents and Owner’s agents. Make sure the person working for you is able to fairly represent your interest in the deal. It helps to work with an agent who represents your interest solely, although it is not uncommon to have an agent who represents both sides of the deal, also known as dual agency.
How do you know if your real estate agent has your interest in mind when searching for houses for rent in Guam? The most obvious would be that they are working to ensure that your concerns and requests are spoken for. All things you desire to be had when you live in the house should be more than verbal, they should be written into the lease and acknowledged by both you and the Owner.
Your lease should be a document that your are comfortable with and it should be something you can perform. This is very important when searching for Guam houses for rent; in fact, it’s one of the most important steps.
If you are unable to make a full one year lease, it is best to let this be known early on and clearly state on the lease how long you are able to occupy the home. Many Owner’s are very accommodating to a tenant’s requests so long as they are up front and not after the fact of your agreement. Your agent should get the contract written up right the first time, to prevent you from being in a contract that turns out to be a nightmare in the long run.
A few questions to ask before signing the lease agreement are:
1. Is it fair: Look for a contract that is not one sided and represents only the interest of the Owner. The contract should be fair to both parties and it should state your rights as a Tenant and the role and expectations of both the Owner and the Tenant.
2. Is it clear: This is an obvious recommendation, but you should never sign a lease you are unable to read and understand.
3. Is it accurate: The lease should be free of any obvious typos. The name of the tenants should match that of your own, the address of the property should be that of the one you wish to occupy. The rental amount should be the rental amount you agreed to pay. And the lease dates should be no more than you are willing to stay.
Keep in mind that the lease agreement is a legal binding document, so the information and the details written on it should not be taken lightly when searching for houses for rent in Guam.
Hi Shawntel,
Im looking for a house/Apartment in the range of $750.00 including water. Mainly in central
Hello Shawntel,
My family and I are looking for a home rental that allows pets (1 cat and 2 dogs) in Yigo or Dededo, to be specific. Our budge range is from $500-$600 (or perhaps we can stretch our budget to $650-$700, if necessary). If there is a 3 bedroom within our budget range than that would be perfect.
On this website, I found a duplex– Chalan Umasoda N/A 115 Yigo, 96929 GU, MLS #10-2322. Although this seems to be a perfect location and housing for my family, 2 bedrooms for $850 is over our budget especially if it does not include power and water. Who can we contact for more information about this space?
I hope to hear from you soon. Thank you.
Hi Marijoy,
(I also emailed you back)
Thank you for your very detailed, and candid question. I definitely understand the concerns about budget.
The prices listed in the MLS are market-based prices, with few exceptions. These are the going rates that other renters are willing to pay. So although, some (not all) Landlords are willing to negotiate on price, they will not negotiate too low below their asking price. When you do find a Landlord that is willing to negotiate, a good rule-of-thumb I’ve found, is that some Landlords are willing to go 10% below their List Price, and not more than that.
The other option is to just wait. Some Landlords will list higher prices (with high expectations), and then slowly lower it over time as reality sets in, and they realize their price was too high for the current market. I’ve even seen some examples, where a Landlord refused to negotiate at a certain amount, only to lower the price months later below the price I had originally requested!
However, the flip-side to keep in mind is that, as prices drop, the more enticing that listing becomes to other renters, so there is the risk of losing it to another tenant in this scenario.
So your best bet is to find a rental with a Listed Price which is a little closer to your budget (keep it within 10%).
Please check the email I sent, and respond when you have the time.
Thanks,
Shawntel
Is there any 2 bdr houses between $500-$600 for rent now days. If so where and can I see some.
Hi James,
There are a few apartments that are available in that price range, but no houses. You will need to raise your budget up by a few hundred dollars to be in the market for a house.
Thank You
Shawntel
Hi Shawntel,
Would like to inquire on some units but before I do I would like to ask do you accept section 8 applicants???
Thanks,
Renee
Hi Renee,
Yes, we do service section 8 tenants.
With that being said, there are only a few Landlords on the MLS that participate in the GHURA Section 8 program.
You can view the link below to see all of them:
Guam Section 8 Rentals
Thank You,
Shawntel
Hello, Shawntel, (I hope you will read this)
I might be doing this in a backwards manner. I started looking for work in Guam and your Guam Renter.com came up. I am in maybe an unusal situation; here in California, I have been self-employed for the last 25 or so years. Doing “Jim’s Tractor Service”. I have a John Deere 1070 tractor with a branch chipper, brush hog, grader, rototiller, and disk. Along with a 1-ton dump truck and a trailer with a 27 foot deck, for hauling the John Deere to jobs. I have a Class “A” drivers license.
During this depression work as been painfully slow. 1- to 3 jobs a month. There are a lot of different kinds of work that I can do but it seems that everything except my tractor work only wants to pay minimum wage or at best a few dollars above minimum wage. I have a wife and a 4 year old son. My wife already has a master’s degree in Russian Lit. and English as a second language, but her Russian Degree means just about nothing here. I met her when I was living in Russia for 2 years, & we got married in Russia. I was born in California. I spent 1.5 years in Guam, US-Navy 1975 to 1977. I scuba dived most every day, and did Underwater photo. I loved Guam and have dreamed of going back ever since. I did go back in 1999 for one month. A lot of changes but I still want to go back. I bought a house here in Sacramento, but at the worst possible time. Now I owe about 176,000 and the house is worth maybe 75,000 to 105,000. I expect at the lower end. So in other words, nothing. I have a lot of tools, and my two two trucks and house hold belonging. My wife is not excited about moving to Guam unless I had a job, which I can understand. On different note, I looked at a list of 7 or 8 of your houses and they showed photos, but I didn’t see any listing how many Square feet each house had. What is the average square footage for say a house of 950 to 1400 square feet, and the rental cost?
As far as work goes, could my wife get a job teaching and how easy or difficult is it? Her English skills are on a 1 to 5 about a 4.8. I, myself have an “AA” degree at the local JC colleges. When I was there in 1999 I had got word that the schools were in bad need of teachers going so far as hiring people with a “High School” degree. How are the schools doing today? Bottom line is If I could, or knew that I had a job waiting for me I would move there as soon as I could. Realistically I would have to sell off a lot of my belongings to make whatever money I could, and to lighten my load. Tell me about your self, are you native to Guam? if not how long have you lived there?
Another question: I love animals, and I currently have a goat, that I milk and sell some of her milk. Often I have fantizised about starting a goat dairy. I have a friend who has a family-owned cattle dairy, about 500 head. With your knowldge of Guam, its government and rules, how hard or difficult would that be? What are the average prices of open land, acreage, 5 or 10 acre plots? There are many more questions that I could ask—
)
Hope to here from you soon, James Platter
Hi James,
(I also emailed you)
Wow! Thanks for your questions, and thank you for visiting our Guam Rentals site.
With this much ground to cover, I think it’s best that I give you a call and we can talk in-depth about the various questions you posed.
So whenever you have a chance, please respond to the email I sent, and we can talk about options you have available here on Guam.
Take Care
Shawntel
Hi Shawntel!
I am looking for a house or apartment for rent in Sinajana, Agana Heights or even Agana to relocate for work. I need minimum of 1 bedroom with bathroom, and a maximum of 3 bedroom and 1 bathroom. I’m thinking the rent should be between 600USD and 800USD a month.
Hi Pauleen,
(I’ve also emailed you)
Thanks for contacting GuamRenter.com.
Did you check our “under $1000″ page? There are a few within your budget:
http://guamrenter.com/guam-rentals-for-1000-or-less
Please let me know if you see anything you like.
Take Care
Shawntel
Hello Ma’am,
Do you have any short term (5 days) condo or apartment rentals between the 17th – 22nd of August that sleeps 10 or two that sleep 5 each?
Hi Mike,
(I emailed you back as well)
We’ve been getting this question quite frequently lately.
Unfortunately, we don’t deal in short-term rentals (minimum 6-month lease). I don’t know of any agencies that deal in vacation rentals on Guam, actually.
However, based on the growing demand we’ve been seeing, we’re looking into launching some sort of service related to this.
I apologize that we could not meet your needs at present.
Here’s a link to all Guam accommodations; perhaps something here will suit your needs:
Guam Hotels
Take Care,
Shawntel
I am looking for a house or apartment for rent in Guam to relocate for work. I need minimum 1 bedroom and 1 bathroom and a maximum of 3 bedroom and 1 bathroom. Rent should be between 500USD and 800USD a month.
Hi Daniel,
Nice to meet you.
I Emailed you to gather a few more items for your Rental Search:
- Any pets?
- Do you prefer any location? (north, south, city, country, etc.)?
So please check your Email Inbox and reply there.
Thanks,
Shawntel