Rentals in Cary>Question Details

Olend, Renter in Raleigh, NC

looking for a 3or4 house for rent between 700 or 900

Asked by Olend, Raleigh, NC Tue Jul 30, 2013

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Good advice from the last guy who left his thoughts. Unfortunately, by the time you read it all, twenty houses came on the market and were immediately rented. Rentals are all about quick responses these days. Find a rental agent and go look, prepared to complete an application on the spot. There is no such thing as "house hunting" for rentals, it's more like, "you snooze, you lose".

There are currently 38 homes for rent in the Triangle MLS at $900 or less with at least three bedrooms. Find an agent and go get one. We'd love to help, but Realtors with rental clients only make $50-$250 per transaction, and most clients typically use several agents or find a rental through Craigslist or end up in an apartment. It simply isn't cost effective, nor a means of making a living. That's just a glimpse into the truth of the hardships of being a licensed rental Realtor.

If we can answer any questions for you or send you any of those 38 listings, feel free to call me. We're always happy to help. Good luck!

John Davison
The J. Davison Realty Group
Coldwell Banker Advantage
0 votes Thank Flag Link Tue Jul 30, 2013
email me with listings 0r call 9198805108
Flag Wed Jul 31, 2013
Good afternoon Olend,

I’m no real estate agent, just a humble Mortgage Banker, but I can give you some guidance on your search for the right rental apartment.

In my experience in the real estate trade, I’ve discovered that the consumer is best served by adopting some simple strategies, whether you’re buying a home, selling one, or renting an apartment.

First: remember that real estate agents work on commission. The better quality agents---and those with the most experience---will be testing you from the initial contact to determine if you’re serious and will commit to using their services. Why? Because real estate is like any other business; you don’t sit at a table in a restaurant to read the menu without actually buying food at some point. It’s the same concept: the experienced real estate professional has to earn a living by renting apartments to serious and qualified prospective renters.

Therefore, the smart consumer should be well-prepared and committed to respecting the real estate professional’s time. Prepare yourself with three fundamentals: amenities, location, and price.

Know your requirements for the apartment you wish to rent in terms of amenities (one bedroom versus three bedrooms; elevator building or private house), location (proximity to public transportation or need for parking), and price. If you present yourself as well-prepared you’ll have a better chance of working with an experienced agent who will work hard to find you the right apartment.

Second, start with the internet---especially stay “local.” Here on you can easily find a local professional by clicking on “FIND an AGENT” at the top of this page. There you can hone in on a seasoned professional in exactly the area where you wish to rent your apartment.

TRULIA provides exceptional tools to help you as a consumer understand the quality of the professional you’re working with. Read the agent’s profile; check out the recommendations from previous clients; get to know the level of experience of the agent and the areas that agent covers.

Third, real estate agents are prevented by Federal regulations from answering certain types of questions. They cannot discuss schools or school districts, crime statistics, and a variety of other issues prohibited by Fair Housing regulations. If your agent is vague when you ask certain types of questions, now you know why.

Finally, demonstrate your level of seriousness to your real estate agent. Show up on time for your appointments to view apartments. If you’re required to submit documents for the Landlord to review with your rental application, get them into your agent’s hands pronto. Not only does this help you potentially get one step ahead of a competing renter, but you’ll be viewed by the Landlord as a responsible renter. Landlords prefer responsible renters, don’t they?

I hope that helps you improve the results of your search for an apartment, and helps you with a better quality experience.

Trevor Curran
NMLS #40140

*If you thought my answer was helpful, please give me a “Thumbs Up” or “Best Answer.” Thanks!
0 votes Thank Flag Link Tue Jul 30, 2013
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