If a Realtor does not locate a renter during the contract period, are there any charges billed to the landlo

Asked by Landlord, Middlesex County, NJ Fri May 15, 2009

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Get-smart, , Durham, NC
Sun May 17, 2009
I agree that you should look at the terms of your agreement and if the agent isn't performing then you should consider a different avenue.
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Francesca Pa…, Agent, Manasquan, NJ
Sun May 17, 2009

This depends on the terms of your contract.

Most often, a RE company will include a clause that says "if you rent this property within 180 days of expiration to a propsect that is intoduced to the property while under contract" the listing agency AND the selling agency is due and owing a commission (i.e., 100% of the total initial agreemnt). This should be explained to you in full, but I find that most often it is not 100% clear to sellers/landlords.

This clause becomes null and void once u list with another agency.

I recently assisted a landlord who contaced me via Trulia with the same situation. Feel free to give me a call to discuss further.

Love and Peace,
Francesca, Realtor, ePro
732.606.2931 (24/7)
Web Reference:  http://www.PatrizioRE.com
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