Comments on: The Five Most Dangerous Mistakes You Can Make Renting A House That Can Cost You Thousands And Lead To Eviction http://www.whathasbeenseen.com/2008/09/the-five-most-dangerous-mistakes-you-can-make-renting-a-house-that-can-cost-you-thousands-and-lead-to-eviction/ What we're seeing in the Real Estate Housing Bubble, Economy, Foreclosure and Credit Crisis, and How It Affects Us... Thu, 11 Mar 2010 17:13:17 +0000 http://wordpress.org/?v=2.5.1 By: Ginnie http://www.whathasbeenseen.com/2008/09/the-five-most-dangerous-mistakes-you-can-make-renting-a-house-that-can-cost-you-thousands-and-lead-to-eviction/#comment-64 Ginnie Sat, 20 Sep 2008 20:23:41 +0000 http://www.whathasbeenseen.com/?p=45#comment-64 Good points Jessica. I still feel that the overhead of having an agent manage the task of finding renters for your house unduly raises the price, so from a consumer's point of view, I'll usually pass or ask for a more competitive monthly rate. In my experiences, 100% of the agents and property management companies have said no, and then most usually drop the rate to around what I initially offered once they're unable to come up with a renter. I usually feel bad for those sellers because with the agent or property management company in the middle (less so with the agent, I'll admit), the owners may never know that someone was more than willing to put their money down today for a deposit, if only they could knock $50 off the monthly rent. Good points Jessica.

I still feel that the overhead of having an agent manage the task of finding renters for your house unduly raises the price, so from a consumer’s point of view, I’ll usually pass or ask for a more competitive monthly rate.

In my experiences, 100% of the agents and property management companies have said no, and then most usually drop the rate to around what I initially offered once they’re unable to come up with a renter.

I usually feel bad for those sellers because with the agent or property management company in the middle (less so with the agent, I’ll admit), the owners may never know that someone was more than willing to put their money down today for a deposit, if only they could knock $50 off the monthly rent.

]]> By: Jessica Beganski http://www.whathasbeenseen.com/2008/09/the-five-most-dangerous-mistakes-you-can-make-renting-a-house-that-can-cost-you-thousands-and-lead-to-eviction/#comment-63 Jessica Beganski Sat, 20 Sep 2008 18:24:43 +0000 http://www.whathasbeenseen.com/?p=45#comment-63 I have to disagree with you on point #2. I don't represent sellers looking to rent, at least haven't yet, but I've worked with select clients looking for rentals. It's no money maker but I do it for relocating clients and past clients. One thing that's true in my area at least is that some of the better rentals are listed through agents - not apartments but single families. Using an agent can work - I have negotiated rent for tenants and can advise them of their legal rights and responsibilities. I have to disagree with you on point #2.

I don’t represent sellers looking to rent, at least haven’t yet, but I’ve worked with select clients looking for rentals. It’s no money maker but I do it for relocating clients and past clients.

One thing that’s true in my area at least is that some of the better rentals are listed through agents - not apartments but single families. Using an agent can work - I have negotiated rent for tenants and can advise them of their legal rights and responsibilities.

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