Renting a luxury home in Scottsdale or Paradise Valley is not rocket science, but there are a few things to know before you move forward. My Scottsdale luxury rental guide was written to prepare you before you commit spending thousands of dollars.
The first thing you should know is that rentals listings showing active on this site or any other, may very well be spoken for--because tenants are coming and going, the status will show as active all year long and accurately determining availability requires inquiry.
Second, the price you see online is often the low season price. Rental prices typically are higher from November to April with the most expensive months being January through April. You will need to contact me to determine monthly price.
This leads me to another important point.
Our MLS no longer permits agents to list properties for rent on a daily or weekly basis. The minimum rental period offered for all listed properties is one month. Now, this doesn't mean there aren't sellers willing to rent on a daily or weekly basis, but we cannot search the MLS using this criterion.
In the near future, I will be adding a comprehensive rental FAQ section. In the meantime, please contact me with any questions about Scottsdale or Paradise Valley luxury rental homes.
Luxury Rental FAQ
How are deposits handled?
Typically, there will be an earnest money deposit which turns into the security deposit–this is usually equal to one months’ rent. There will also be a non-refundable cleaning fee and if you have pets, a pet deposit which is sometimes refundable. The final payment for the rent is usually due a few days to one week prior to taking possession of the property.
Are utilities included?
Most luxury rental listings include utilities though the electricity, and sometimes the water, is capped at a certain amount–once you go over a specific dollar amount, you might be responsible for the additional utility charges.
Are pets allowed?
Some luxury rental owners will allow pets. Let me know what type and how many pets you have and I will check. Every property is different and requires inquiry.
How does the application process work?
Each listing agent handles luxury rentals a bit differently. Some listing agents prefer to write the lease while others will ask me to write the lease. Some owners would like to see an application and credit (depending upon the length of rental) and others won’t ask for either. In most cases though, there will be an application, a formal lease and a credit check.