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June 26, 2009, Newsletter Issue #138: Some Pros and Cons of Using Agencies to Find Townhomes for Rent
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Tip of the Week
Rental agencies can be very helpful when you consider apartments, houses, and townhomes for rent. A good home rental agency can streamline your search for apartments and houses for rent. At the same time, less professional rental agencies could complicate your goal of finding just the right house rental.
Pros:
You should be dealing with professionals who understand their market. This is particularly important if you’re searching for rental homes from a long distance. A good rental agent will listen to your criteria and only suggest properties that fit your list. Instead of a “shotgun” search, your desire to find apartments, houses or townhomes for rent that match your wish list will be considered. Their experience often helps getting a deal done quickly and correctly. Sometimes novice or “occasional” landlords lack some sophistication in the areas of property marketing, lease preparation, etc. Property rental agencies might help bridge that gap. Cons:
The home rental agency may have an “agenda.” Bigger commissions may bring more enthusiasm for certain properties. Sometimes you may have to be firm in expecting your criteria to be met. Since they are brokers, they may not have the same passion for properties or authority to make modifications in the deal being offered. Owners and landlords have a higher “stake” in getting their property occupied, and sometimes have more commitment to make a deal. The key factor is to associate with a professional, experienced home rental agency. They will handle all viewings, negotiations, and documentation with high quality.
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