Rentals in 90230>Question Details

Joyce, Home Buyer in Northwest Torrance,...

I am a first time Landlord who is interested in renting/leasing my condo. How do I get a realtor to advertise it on line? And how much is the fee?

Asked by Joyce, Northwest Torrance, Torrance, CA Wed Jun 1, 2011

0 votes Share Flag Rentals in 90230

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Finding an agent to help with the leasing process can be easy, but make sure that whomever you choose is experienced in this area. It will help make this a smooth transition, as well as allow some peace of mind in the process. Feel free to contact me if you would like help. I even lease out my own property, so I have first hand knowledge on being a landlord and the importance of finding a great tenant.

The fee can vary, but is approximately 5% of the 12 month lease amount.

Best regards,
Samantha Baksic
Precision Realty
714.330.2021 (cell)
800.817.7542 (fax)

CA DRE License #: 01904666
0 votes Thank Flag Link Mon Jul 30, 2012
The fee depends on the length of term and if you want the agent to screen the prospective tenants. I can help if you want an easy solution. I'm here in Culver as well.
0 votes Thank Flag Link Mon Jul 30, 2012
Hi, just contact a local agent in your area and they will be able to discuss their marketing plans and fees with you.

0 votes Thank Flag Link Wed Jun 1, 2011
Hello Joyce,

Leasing can be a lot harder than it seems. That is if you want things to go right. You will want not just a real estate agent, but a realtor who has experience leasing properties out. I work with many investor in leasing their units out. The goal when starting out is to get the best dollar for your unit and secure the safest tenant.
An experienced agent can help you with the screening process, which is very important. He/she will also advise on best possible terms to protect you and your investment. He/she will advise you on appropriate expensesplits (gas, trash,.)

Please feel free to contact me. I'll be more than happy to help you out.

Typical fee can be around 6%, but that can change or can be flexible. Depending on the property too.
0 votes Thank Flag Link Wed Jun 1, 2011
You would be wise to find a property management company.
Have them take care of the whole deal.

Harold Sharpe - Broker
So Cal Homes Realty
(951) 821-8211
California Department of Real Estate Broker License # 01312992
0 votes Thank Flag Link Wed Jun 1, 2011
Hello Joyce,

I am happy to assist you. The fee is usally 5% of the lease price for 12 months. I have a friend looking in Torrance. Let me know more info about it :)

Monique Carrabba
The Carrabba Group
Keller Williams Hollywood Hills
0 votes Thank Flag Link Wed Jun 1, 2011
Hello Joyce,
I suggest that you interview a few local agents to learn what marketing tools and strategies they offer. They will discuss with you what their commission fee is as they are negotiable. The agent will post your rental listing on the internet real estate web sites and your local MLS for free when you work with a real estate agent as this is one reason why you pay a commission fee for their assistance.
Hope this is helpful.
Good luck!

Laura Feghali
Prudential Connecticut Realty
0 votes Thank Flag Link Wed Jun 1, 2011
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