Special offer
Wanda Kubat-Nerdin - Wanda Can!, St. George Utah Area Residential Sales Agent (Red Rock Real Estate (435) 632-9374)

Spam prevention
Ambassador
2,684,009
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

  I inform the Seller of any activity on the house.  

  Would I fill out out a lease?  No.

Jun 27, 2017 05:58 PM
Ambassador
5,049,183
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I would let the seller know of the call but my obligation is the listing agreement

Jun 27, 2017 08:58 PM
Rainmaker
2,220,323
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I agee with Fred Griffin 

Jun 27, 2017 09:00 PM
Rainmaker
400,356
Jill Murty, Realtor - Orange County, CA
Movoto - Laguna Niguel, CA

People have called asking if the seller would rent the property that's listed for sale.  I ask the seller, seller declines, I ask if they want me to let them know if anyone else asks about renting, they say no and it's all good.

I've never received a written offer to rent a property I have listed for sale.  Phone, text or email inquiries only. 

Jun 27, 2017 08:33 PM
Rainmaker
7,836,134
Roy Kelley
Retired - Gaithersburg, MD

Follow the terms of your listing agreement.

Jun 27, 2017 06:26 PM
Rainmaker
805,799
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

Yes, I would tell the seller. Chances are if they have it for sale they don't want to rent it out. Our vacancy rate is around 0.5% they would have no problems renting it if they want.

Jun 27, 2017 06:20 PM
Rainmaker
911,338
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Up to seller if they want you to report potential renters to them. Sounds like they prefer to sell if that's what's listed. You should already know ahead of time what seller wants you to say to rental inquiries.

Jun 27, 2017 05:59 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Is that part of your listing service? I know our listing contracts have a section to handle a lease but we are not obligated to use that part if we are not offering leasing services.  The dilemma is that the seller may feel like that is information he should know so I would probably share it.

Jun 27, 2017 05:53 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

If I definitievely know my client has no interest in renting and needs to sell and if there is nothing in writing, there's nothing to present.

Jun 28, 2017 03:57 AM
Rainer
91,335
Theo Shaw
Baird & Warner Residential Real Estate - Evanston, IL
Serving Evanston, IL & Beyond

 I agree with Jeff Pearl--we should already know if our seller has any interest in renting (and should have a listing agreement to that effect too)  and have direction from them what to say to callers who inquire about renting the property.

Jun 27, 2017 08:37 PM
Rainer
352,976
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

i discuss the sellers needs bs wants at the time of listing so I'd have that answer upfront.

Jun 27, 2017 08:33 PM
Ambassador
2,061,803
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home is where the hearth is.

I am ethically obligated to let me seller know about any and all offers... I would verbally let them know that someone was inquiring about renting the home, and see what they want me to do.

Jun 27, 2017 07:23 PM
Rainmaker
5,005,642
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

I'm with Fred Griffin 

Jun 27, 2017 07:03 PM
Rainmaker
1,617,916
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

It is for sale not rent

Jun 28, 2017 05:43 AM
Rainmaker
4,572,183
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

I inform the seller.  The seller decides how to respond.   

Jun 28, 2017 05:29 AM
Rainmaker
1,543,727
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

I might mention it to the seller in case we have trouble selling the house for some reason but I'll tell the person calling immediately that it's not for rent it's only for sale because that's all I've been hired to do and that's all that's been discussed between my client and I but I may keep their information for the "just in case factor".

Jun 27, 2017 10:21 PM
Ambassador
6,393,404
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

An offer has to be in writing.

But it is always a good idea to keep your client informed.

Jun 27, 2017 09:30 PM
Ambassador
5,230,068
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

My agreement with my sellers is for sale, not for rent. If they're also interested in leasing, I would also have the property listed for lease. Your obligation is based on your Contract with that seller/homeowner. 

Jun 27, 2017 07:26 PM
Rainer
117,135
Christine Kankowski North SD and Temecula
House Match Inc - Poway, CA
Excellent Sales and Property Management

I would ask the person who wants to rent what the price is they would offer to rent the home for, so you actually have some type of offer.  If not, the next questions from the seller would probably be "well, what could I rent it for..". The renter may not even be in the right ballpark.

But if the renter said, Hey, I want to rent this house so badly that I will pay $3000 for it, when normal rent is $2400 then there might be a deal to be had.

Jun 27, 2017 07:16 PM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

It is for sale and not for rent unless they indicate a willingness to be open to that.

Jun 27, 2017 07:14 PM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I would tell them but I have already talked about this issue with them

Jun 27, 2017 06:47 PM
Rainmaker
637,434
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

No, I am contracted to sell the home not rent it. However, if someone comes up with a lease/option to buy, I would let the seller know. But these are parameters that I set with the seller when we sign the listing agreement.

Jun 27, 2017 06:01 PM
Rainmaker
809,258
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

What Kat Palmiotti and Fred Griffin said. -Kasey

Jun 28, 2017 04:19 PM
Rainmaker
1,725,996
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

No. You have been hired according to the listing agreement to procure a bonafide buyer, not tenant

Jun 28, 2017 05:28 AM
Rainmaker
4,882,355
Richard Weeks
Dallas, TX
REALTOR®, Broker

I would.  I think that falls under the duty of disclosure.

Jun 28, 2017 05:22 AM
Ambassador
2,436,099
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

I don't know if there is an ethical obligation, but I'd tell the owner anyway. 

Jun 28, 2017 03:15 AM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Wanda Kubat-Nerdin - ethically, not sure - though I will still put a word to the seller about it.

Jun 27, 2017 10:50 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Wanda,

Yes, whether or not your obligated.  A

Jun 27, 2017 09:07 PM
Rainer
321,564
Melissa Jackson REALTOR
Trinity Premier Properties - Azle, TX
Helping You Make The Right Move

I would share the interest with my seller only if their intention was to lease the property.  Our contract includes weather or not the seller would be interested.  

Jun 27, 2017 08:56 PM
Rainmaker
599,274
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

You are required to present all offers. That would include leasing when attempting to sell or offers to buy when attempting to lease.

Jun 29, 2017 06:20 AM
Rainmaker
785,464
Abby Stiller
TOP SELLING REALTY - Cape Coral, FL
SW Florida (239) 284-8637

Follow your Listing agreement.

Jun 28, 2017 02:48 PM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

No.  If the house isn't for rent, it isn't for rent.  We have mandatory a yes/no box in the MLS "Will consider lease" (for sales) and "Will consider sale" (for rentals).  That's all the info you need right there in my area.

 

I've never had someone ask if a house could be leased, but I have had (mostly agents) call and ask if I'd be willing to sell my rentals.  I have a fun "I'm the owner and agent and if I wanted to sell it, I would have listed it for sale myself" response.

Jun 28, 2017 10:03 AM
Rainmaker
711,852
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

I would let the seller know of the request, but I would not assist in the potential rental paperwork or research anything connected with the renter. My obligation is outlined in the terms of the listing agreement. We are hired to sell the home, not rent it.

Jun 28, 2017 09:25 AM
Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Not at all Wanda, in spite of what the "grapevine" says!

Jun 28, 2017 09:05 AM
Ambassador
2,178,603
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Ethically, I say yes.  Legally, probably not.  Either way, I would definitely tell the seller.   

Jun 28, 2017 07:16 AM
Rainmaker
989,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I tell the seller as an update but I do not promote it as an option unless the seller broaches the subject

Jun 28, 2017 07:10 AM
Ambassador
3,345,091
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I would let the seller know about the inquiry.

Jun 28, 2017 07:08 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

yes

Jun 28, 2017 07:05 AM
Rainmaker
716,049
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

Technically, no. If I have a listing contract to sell it, the instructions from the selling client is to sell it and not rent it. (Unless seller-client tells me otherwise). So I tell the caller that sadly it's not for rent - which it is not.

Jun 28, 2017 06:46 AM
Ambassador
3,169,508
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

It's a conversation I have with sellers at listing, and in almost every case a lease doesn't allow them to move on with their lives so I already have the "No" answer from the seller for when I get those calls.  And if they're interested in a lease, I've marked MLS accordingly.  It's rare for us, I think we've maybe done two leases in a dozen years, and neither of them turned into a purchase.  Bill

Jun 28, 2017 06:42 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Wanda Kubat-Nerdin I would run it by the owner. You never know what seller's are thinking.

Jun 28, 2017 06:34 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

the fact that the caller had bad credit would eliminate that conversation with the seller....

Jun 28, 2017 06:30 AM
Rainmaker
2,781,173
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Reporting to or updating the seller is a good thing...

Jun 28, 2017 06:27 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Jeff Dowler nailed this one!

Jun 28, 2017 06:12 AM
Rainmaker
5,216,398
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

I would inform the seller and let them decide. It has happened before and the seller declined.

Jun 28, 2017 05:39 AM
Rainmaker
851,242
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

I'd like my seller know of the inquiry and would've told the "someone" whether or not it was an option based upon our listing agreement. 

Jun 28, 2017 05:09 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I have the right to not present any verbal offers, so I wouldn't. 

Jun 28, 2017 05:03 AM
Ambassador
2,161,048
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Our listing agreements have a clause that obligates seller to inform their agent when they are considering leasing or otherwise encumbering the property. I would inform him of this interested rental prospect and see what they have to say. 

Jun 28, 2017 05:03 AM
Rainmaker
846,475
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

I am pretty much in agreement with on this one.

Jun 28, 2017 04:57 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I have the conversation with the seller when listing, uf the seller says they must sell and ar enot interested in renting, then I do not have to call the seller with each persom who wants to rent. Offers are in writing, accompanied with a pre qual letter and deposit

Jun 28, 2017 04:26 AM
Rainmaker
1,239,901
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Put the name in the back burner....

I am surprised home may not sell. 

Jun 27, 2017 10:05 PM
Rainer
5,655
Mark Menendez
Hawaii - Princeville, HI
Expert Sales & Marketing of Luxury Real Estate

Your fiduciary requires you to present ALL offers. Clients can say don't bring me renter offers in the future and that will end that. Surprised at the various answers here. 

Jul 27, 2017 12:08 PM
Rainmaker
4,936,677
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good question, I will see what everyone has to say.

Jun 29, 2017 08:50 PM