Here
are some general
reasons for using agents as a means to procuring tenants:
1. Interviewing prospected tenants can be very frightening especially
for new landlords. Agents do this as a matter of course and can
generally ascertain a lot more information by experience and asking
the right questions.
2.
No upfront fee until the house is rented. Agents handle all the
initial transactions including property showings, collecting applications,
pull out credit reports, verify employment, prepare lease and
disclosures and collecting first month rent and deposits in cashier's
check.
3. Agents constantly advertising in the newspapers and internet
and have more advertising resources than private owners.
4.
The agent can give the landlord 'an arm's length distance. Landlords
can sometime be taken advantage of by overbearing prospected tenants.
5.
Agents
have experience of the current open market rental levels and can
advise on the best achievable rent applicable, taking into account
the condition of the property and market condition.
6.
Agents
are used to dealing and negotiating with clients to get the best
deal for the landlord.
7.
Agents
are used to seeing all types of property and can often advise
on the standard necessary to attract the best quality tenant.
8.
Agents have access to existing tenants already in properties with
good track records who for one reason or another want to move.
Thus providing a more secure and reliable tenancy.
9.
Agents are constantly working with a pool of renters and can easy
match your property with the prospected tenants.
10.
Agents who are members of professional bodies such as National
Association of Realtors and California Association of Realtors
are regulated and have ongoing training in respect of current
legislation and changing areas within the business. In essence,
these particular agents are accountable and always endeavor to
carry out in a professional and ethical manner.
11.
Lastly but very importantly is that agents spend much time showing
the property generally after hours and weekends. Many phone calls
can be taken on a particular property and sometimes can be very
upsetting by over sensitive or demanding tenants. Agents are used
to this behavior and take it in their stride.
It
is very important to hire an agent who is experienced and specialized
in rental properties. I work with landlords and investors on renting,
buying and selling investment properties. For more information,
please contact me at (626) 922-8408.
We only help owners that hve bought the property through us. We do it as part of our service to help them establish a rental history. once in place it is relatively easy for them to maintain themselves. We are then free of liability and low return, but we keep the good will.