Whether you’re looking for a place to rent or have places to rent but need tenants’, using a realtor is a fantastic way to find both great rental properties and great tenants.
Looking To Rent A Home For You
Finding your next rental home can be overwhelming. You can spend countless hours looking on-line, in local papers or renter’s guides, or hope to hear of the perfect apartment becoming available through your network of family and friends. Or you can use a realtor and let someone else present you with housing options that best suit your search criteria.
Your realtor will set up appointments, meet you at the locations, guide you through the rental units and inform you about the current rental market and local area amenities. After you decide on a rental your realtor will gather all relevant information and documents from you and will negotiate on your behalf with the landlord. All the paperwork required to get you the lease will be drafted by your agent. Best of all, as a renter, this comes at no charge to you! Realtor fees are paid by the owner of the rental property. Why would you want to look any other way?
Need A Tenant For Your Income Property?
There’s no reason why you can’t rent the property yourself, but there are reasons why you shouldn’t. Your time is valuable and your property is meant to be a financial investment, not a drain to your personal time. You can spend hours placing ads, fielding phone calls, and making appointments with perspective tenants only to hope they’ll actually show up. Or you can save your time and your sanity by letting your realtor take care of everything for you.
Your realtor will advertise your property to perspective tenants, gather feedback, and provide you with fully documented prospective tenants. Details relating to their work history, confirmation of employment, and credit history will all be provided to you. All legal paperwork will be done for you to make their lease a legally binding contract. Additional, realtor fees for tenanting your rental property can be used as deductions against the revenue from your income property.