Agent2Agent in San Antonio>Question Details

Phillip Baird, Real Estate Pro in Austin, TX

Anyone in San Antonio interested in a rental referral or split commission? I need help relocating my clients to San Antonio from Austin.

Asked by Phillip Baird, Austin, TX Wed Mar 24, 2010

A friend/client of mine has been accepted into Grad school at UTSA, and her and her husband need to relocate from the Austin area. I'm an Austin realtor and don't have access to the SA MLS. I'm interested in splitting a commission or some other arrangement for help locating them a great place to live for several years. We would like to come down and tour several properties and choose one, preferably in one day. Looking in 78258, 259, and 232. 249 if absolutely necessary.

Help the community by answering this question:

Answers

11
Would be happy to help you either way Phillip!

Bobbi Terry, Realtor, CRS, SFR
Coldwell Banker D'Ann Harper, Realtors®
18756 Stone Oak Parkway
San Antonio, TX 78258
Office (210) 483-6365
Fax (210) 483-4765
Office Email: bterry@cbharper.com
http://www.BobbiTerry.com
Licensed Realtor® in the State of Texas License # 0592013

Texas Law requires all real estate licensees to give the following information
about brokerage services: Http://www.trec.state.tx.us/pdf/contracts/OP-K.pdf
0 votes Thank Flag Link Wed Mar 24, 2010
Phillip,

I work with tenants somewhat but usually by referral only; typically they are homeowners who are in transition, referred by a friend or business (I work with some human resource companies.)

They need to have funds for security deposit, 1st month rent, and pet deposit if applicable, have a credit score of 620+ or be willing to pay extra security deposit, and steady employment over the last 2 years, with proof. They need to disclose on day 1 if they have ever broken a lease or have anything else on their credit report or they will have to pay additional security deposits and write an explanation letter to the PM, or may be outright rejected. Then there is the pet issue, small pets only in most places, and some want to see a photo of the pets before approving. The app fees vary around $50+/- and are non-refundable. The tenant will have to be ready to occupy within 2 weeks of approval or they will be declined; the move in date is on the lease application.

The PM typically pays $100-$300 with the exception of Boardwalk, who pays half of first month’s full rent. I can pay a $50 Visa gift card if the rent is above $250. Otherwise it isn’t worth the effort. In your case, because you are travelling from Austin and because I am a broker so I keep 100%, I can pay you $25 minimum, $50 if the rent hits $250. I hope that helps. I’m available next week.

Cathy Bureau, MBA, REALTOR, Green
0 votes Thank Flag Link Wed Mar 24, 2010
Matt,
I don't handle lease clients much either as it is too much time and effort for the amount of money you make. In my experience, in Austin it's usually 30% of one months rent. I'm sure someone with more experience in that area will chime in and give us a better picture of the lease market.

I do manage rentals but usually find my own renters and don't charge my clients a fee for that, just a monthly management fee. I have on occasion had to list them in the MLS and then have my clients pay the other agent's fee, but again I don't charge for my end of it. Maybe I should.

In this instance the most important thing is to find my clients the right place to live while she attends UTSA so they can be happy. If can cover my expenses and a good steak at the Salt Grass I'd be happy!
0 votes Thank Flag Link Wed Mar 24, 2010
Phillip-

Sorry Doc, I couldn't let it pass....

Phillip, I have an interactive mapping search feature on my website. Go to http://www.greenhomerealtyco.com and do a radius search; be sure to choose residential rentals. You can save your properties and you can email me comments from there as well. Alternatively, I can set you up on an auto email via MLS Connect that will send you a daily or weekly email, depending on your preference.

Most of graduate school classes are at night so your friend will fight the Loop 1604 & IH-10 interchange area so I suggest to stay inside of the loop, south of IH-10. There is a park and ride at the interchange but is better for day classes. I went to UTSA for 3 years and lived just 3 miles away, inside loop 1604. I found it frustrating that I had to leave an hour before class starts to cross the loop, find a parking spot, and walk to class. There are some great rentals in the area since it is a college area. A little further east, more toward medical center, there are many condos and town homes for rent, some have options to buy. Options, options, options.

Cathy Bureau, MBA, REALTOR, Green
Broker-Owner
GREEN Home Realty
(210) 378-2489
Cbureau@greenhomerealtyco.com
0 votes Thank Flag Link Wed Mar 24, 2010
Phillip,

Looks like you have plenty of offers and I don't do rentals much (mostly for rental clients I took on early in my career and the occasional friend of a client), but I'm curious - what are rental commissions on homes (not apartments) like in Austin?

Curious as to what they pay up there as many of ours down here don't pay much. A split in many cases wouldn't cover your day's expense to come down.

Of course, it sounds like your clients are ready to go - one day and it's done, so it makes it a bit more cost effective than if they wanted to spend several days looking.

Make sure they have everything ready to go when they get here, the good ones tend to go fast. I just had one picked up sight unseen - we had an appointment to go see it first thing, but someone took it with out a showing. If they find it, they'll need to jump on it or they could wind up needing more time just to find another that's available.

Good luck!

Matt Stigliano, Realtor (r)
RE/MAX Access
(210) 646-HOME
http://www.RErockstar.com
Web Reference: http://www.rerockstar.com/
0 votes Thank Flag Link Wed Mar 24, 2010
Hi Phillip,
Call me if you need help, I'd be happy to show you around & help your clients find a great place to live.
Karen Feeney
EXIT Slater Realtors
Cell: 210-875-6112
0 votes Thank Flag Link Wed Mar 24, 2010
Hi, Phillip,

The UTSA area is one of San Antonio's hottest investment areas, since UTSA is growing by leaps and bounds, and rentals do very well there. Other economic generators nearby are Valero Petroleum's HQ, Major retail centers, the S. TX MEdical Center, and USAA's HQ. Your client may want to consider Buying a suitable home, living there while they are at UTSA, then converting it to a rental investment property. We also do property management.

You can use our map-based search at http://TellEllen.com to see all the properties available, including rentals. Or send us your clients' preferences, and we can customize a search for you. Our offices are very near UTSA, and we know the area very well.

We love working with agents from other areas. Let us know if we can be of service.

Best regards,

Doc Stephens, REALTOR®
Keller Williams Realty
10999 IH-10 West, Suite 175
San Antonio, TX 78230
(210) 696-9996, Ext 409
Web Reference: http://TellEllen.com
0 votes Thank Flag Link Wed Mar 24, 2010
Hey Phillip-

I’m happy to help. I just left a voicemail. I am UTSA alumni; I graduated with an MBA in 2005. Give me a call and let’s talk.


Cathy Bureau, MBA, REALTOR, Green
Broker-Owner
GREEN Home Realty
(210) 378-2489
Cbureau@greenhomerealtyco.com
0 votes Thank Flag Link Wed Mar 24, 2010
I would be happy to help!
0 votes Thank Flag Link Wed Mar 24, 2010
Phillip, I don't handle rentals but zips 258,259 are both outside Loop 1604 on both sides of 281. From 281 to anywhere in SA is a pain because it has some signal lights and heavy traffic.
UTSA is closer to 249 and 256. If you have price range, # bedrooms and other requirements I can do a search for you and send you a link to them in our MLS. Just send requirements to me at rlbuller@sbcglobal.net and I will send the link back directly to your email address. Hope this will help.
0 votes Thank Flag Link Wed Mar 24, 2010
Hi Phillip, I would be happy to help out and am very familiar with these areas. Please email or call me to discuss at your convenience.

Thank you,
Kristen Alexander
Keller Williams Legacy
210.391.7323 Cell
kristenalexander@kw.com
0 votes Thank Flag Link Wed Mar 24, 2010
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer