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Rentals in Edina : Real Estate Advice

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Activity 1
Mon Jul 29, 2013
Corey Collins answered:
Good luck with your rental!

It all depends & things like commission are negotiable!

One thing to keep in mind is that what the market has seen for the average leasing commission can be a full months rent, a percentage of a full months rent or a percentage of the full months rent x number of years leased.

One other thing to keep in mind or find out is if your rental company or brokerage is paying a commission to an agent that brings a renter or not. Usually at this price-point, many people will be using a broker/agent to assist in the finding a property they want to lease.

Offering a tenant broker commission may be necessary to get the proper exposure to your rental.

One important thing you keep in mind is you get what you pay for!

If a rental company is willing to cut their commission, they MAY NOT be able/willing to offer you all the services of a "full" services rental agreement.

Once again good luck!!!
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