RTB Rent Register

Patfert 1.
I too listened to Gerards presentation earlier today and heard him say try using an alternative Ber when using the rent register but I am not clear how this might work as surely if I input a different ber I am not seeking comparables.
 
Meath Lady said:
I am not clear how this might work as surely if I input a different ber I am not seeking comparables.
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I tried different examples of properties in my area. I came up with higher rents for smaller properties (similar ber).
My property is C2. If I put a C1 rating I actually get lower rents.
It would be difficult for rtb to argue that a smaller property would not be comparable.
In the same way, if I was a owner of a C1 property in my area, it would be difficult to argue that C2 is not comparable.
 
Greenbook said:
But that list, per the RTB, must be our primary tool. Anything else (Daft, EA valuations) is just supplemental.
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Its simply the wrong tool for the job though. Its not possible for them to stand over it. Nothing short of a con.
I can't use prices from a 1990s catalog to go grocery shopping today.
I can't use a map from 1950 to navigate today’s motorway system.
I can't use yesterday’s weather report to decide if I need an umbrella right now.
I can't use old bad data to determine the real market rent for today.
 
Hi All, I am submitting a rent setting notice to the RTB for a new tenancy.

I have completed the main form. Do I also need to include a printout from the RTB Rent Register?
I had 'cherry picked' examples from a few repeated searches. What should I do in this instance?

Thanks for any help.
 
It's not a requirement under the legislation to submit the printout from the rent register with your notice of rent setting form. But you should keep the printout for your own records. You only have to submit the form itself.

I'm giving a 90 minute online workshop on this on Friday and Tuesday in case anyone is interested. Details on Eventbrite under Setting Rent to market level ...
 
It's nearly a month, so I'll do Limerick again to see if the RTB has changed:

10 one beds in Limerick city on DAFT


It's not 10, it's 4 because the ads are 2 rooms, 3 studio's and 1 student. (we are back to bedsits in one of those !)

The 4 are 1700, 1900, 1950 and 2000 (average one bed is +/- 1900)

Now let's see what the RTB has: I'll use the eircode from one of the above on O'Connell street, Limerick City West it says


1778146304075.webp

Highest rent is 1250, lowest 572, obviously RPZ though it does say Shannon for that. In addition the RT registration number if odd, as is the RT number for the one at 504 Euro. So they are then re-registrations I suppose. Not one is even close to the rents on DAFT.
 
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Let's change Electoral area, to Limerick North:

1778146668770.webp


What is noticable here is higher rents, particularly in area 'Market' outlined in red, they have the 4 highest rents ranging from 1400 to 1500. Lowest rent is 650 in Farranshone ....
 
Let me try Limerick East

1778146900071.webp

This is mostly the Ballysimon area, highest rent so far and it's 1600. Registered April 2026 Low of 750 in same area, but it's a re-registration, BER is terrible too.

Only problem for me to figure out is while I know Limerick/Galway/Waterford etc I don't have a clue about area names, and even less about electoral areas.

There's another area, not Limerick city, the Adare/Rathkeale area. Which everyone knows are two vastly, and I mean vastly different locations. Adare is a top tourist village and Rathkeale is where everyone is trying to leave. That type of divide is going to be mimicked in the cities too.

My previous links to DAFT only lead to the current view. So it's good to do a summary on the posts.
 
Bronte said:
highest rent so far and it's 1600.
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The sqm in some of those listed are all over the place compared to the bed spaces, eg 2 bed spaces in 36 to 40sqm but others have 1 bed space in 70 to 90sqm. That would be a pretty large 1 bed apartment. If they are just rooms in a house-share, that doesn’t show the full rent for a property.
 
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Bronte said:
I don't have a clue about area names, and even less about electoral areas.
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When trying out my app to scrape rents in an area I also struggled with this. I tended to find conflicting information online and when I chose addresses supposedly in a certain electoral division according to what I could figure out, the rent register query sometimes returned properties in a different division.
 
bipped said:
The sqm in some of those listed are all over the place compared to the bed spaces, eg 2 bed spaces in 36 to 40sqm but others have 1 bed space in 70 to 90sqm. That would be a pretty large 1 bed apartment. If they are just rooms in a house-share, that doesn’t show the full rent for a property
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From my days of filling out the RTB - if you had a one bed, it would be 2 bed spaces because it's a double. So that's all that means I think. Some landlords are not filling that out. The average one bed in a city is probably around 45m2 I guess. 90 m2 would be pretty big and is probably not in the city center.
 
patfert1 said:
Makes me wonder what comparables they will use from the rent register when they register the new tenancy!
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You know Pat that the entire idea of this is a massive exercise in futility. We are at market rents and the RTB are not going to be able to stop that.
 
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Am I correct in assuming from the RTB webinars in March that one can pick any 3 of the 10 comparables they listed on the register if resetting a rent where a tenant has left voluntarily. There is no need to average it.
RTB have chosen the 10 comparables once I input my data I am free to pick any 3 of these to justify my rent so I assume I can set the rent at the highest one.
I understand it may not be what we would call market rent but will usually still be a considerable increase on rents that have been in the RPZ since 2016.
 
Bronte said:
You know Pat that the entire idea of this is a massive exercise in futility.
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Agreed, but the RTB will have to justify their existence, so landlords will be challenged on this either by an RTB investigation or by the tenant.

Here for example is the RTB's very handy REPORT A LANDLORD WEBFORM. Top of the list is setting the rent too high. (No report a tenant form, of course).

Also, I'd say the amount of landlords who are unaware of this form, filling it in incorrectly, only using Daft etc. etc. is huge. All these will be prosecuted as well.
 
Meath Lady said:
Am I correct in assuming from the RTB webinars in March that one can pick any 3 of the 10 comparables they listed on the register if resetting a rent where a tenant has left voluntarily. There is no need to average it.
RTB have chosen the 10 comparables once I input my data I am free to pick any 3 of these to justify my rent so I assume I can set the rent at the highest one.
I understand it may not be what we would call market rent but will usually still be a considerable increase on rents that have been in the RPZ since 2016
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My agent is handling the RTB for me, an experienced professional agency. We've gone straight to market rent and couldn't care less about what the RTB says in webinars. I've informed another couple of landlords with properties in the same vicinity of my market rents so they know the reality of what market rent is. My rentals do not yet appear on the RTB. I've discovered my Eircode was deactivated and there are new ones ! Wonder how long before my rentals go up on the RTB portal.

And yes it's my understanding you just pick 3 that suit you. From my study now of a few cities it's easy to pick three to justify almost any rent.
 
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