What is the rate for an agent to help me find rental property?

Asked by Cunni01, Douglasville, GA Thu Apr 25, 2013

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Gary Geer’s answer
Gary Geer, Agent, Antioch, IL
Thu May 9, 2013
Cunni01,

Normally the agent is paid from the commission paid to the listing agency. You can however have an agreement with your agent that may require you to pay them. Talk to your agent about your situation prior to starting your search.
0 votes
John H. Mason, Agent, Atlanta, GA
Thu May 9, 2013
I have helped countless numbers of clients find a rental home, townhome or condo. The rate or Co-Op Fee is paid by the landlord or owner of the unit you want to lease. Typically an Agent representing a Renter / Tenant will receive 20 to 25% of the first month's rental fee.
0 votes
theitzman, , Atlanta, GA
Fri Apr 26, 2013
We have rental homes all over the metro Atlanta area. Please visit us at http://www.theamericanhome.com. It doesn't cost anything to have one of our agents to show/rent you one of our homes, however, you will need to contact a real estate agent if you want to see a home not owned and managed by The American Home. Typically, the owner/manager will pay the real estate agent fees. We have lots of homes in the Douglasville, GA area you may be interested in.

Thanks,

Tracey Heitzman
Director of Marketing
The American Home
0 votes
PollyAnna Sn…, Agent, Bozeman, MT
Thu Apr 25, 2013
Hi there - the agent is usually compensated by the Landlord/Manager/Property Owner. I say usually because there are instances wherein the agent will not receive compensation. Most agents will check prior to directing you and then ask the Landlord side if there's compensation or not. If there isn't, you two should then sit down and talk about your part. There are also many different "customary" variables depending on where you live in the country or even in a given area of a state or county. In CA, many rental were listed in the MLS and it was easier to help a client find a rental. In MT, no rentals are listed in the MLS, making it more difficult to help a renter. Hope this helps and I'd say to contact a local Realtor you are comfortable with and strike a conversation up. Cheers!
0 votes
Lynda Benner, Agent, McHenry, IL
Thu Apr 25, 2013
When looking at rental properties, agents will get paid through the brokerage firm listing the property. If you should sign some buyers agreement before hand, you would not be required to pay unless you went with another agent.
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