Rentals in Texas>Question Details

Allison, Renter in Texas

What if you find a home without your rental agent and now there's no commission/payment?

Asked by Allison, Texas Sun Jan 9, 2011

For our leasing hunt we have a great agent. BUT we happened upon the house we want on our own and the FLBO-landlord will not work with agents to save $. What is the appropriate thing to do? This would not have been an expense out of our pocket and now it feels as though we should pay him for his time but it's certainly not we had planned. What is the courtesy? (home price valued at 170K. There was no contract between us and our agent.)

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If you did not have a signed agency agreement, you may still want their help reviewing the lease agreement.
Maybe give them a bottle of wine and a nice dinner gift certificate to them.
I guess it depends on how much time they have spent with you and how
much time they have spent in preparation.
You can also be the first to recommend your friends and family to that agent, especially
when you know of buyers and/or sellers.
If you ever move out of that house, tell the realtor first and give them the contact information for the landlord.
That way they can have first shot at getting the listing.
Web Reference: http://www.teamlynn.com
1 vote Thank Flag Link Sun Jan 9, 2011
Bruce Lynn, Real Estate Pro in Coppell, TX
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Nice of you think about the agent who has vested time on trying to locate you a home. HOWEVER it this home worth the potential of loss of your deposit(s) etc. Is the property owner "real " or scam .

Agents know leasing contracts to protect you as a client... is this an "office supply lease agreement" If so I would be extremely careful.

One of top 10 questions I answer daily HOW a family leased a property without an agent loss of their deposit, problems and etc.

FYI - if you have problems with property owner during term of lease WHO is going to protect you?
0 votes Thank Flag Link Sun Jan 9, 2011
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