Option 1. Finding tenants through an agency.
The most popular method on the market. In this case, the Agency selects residents. As a rule, the commission in this case is paid by the residents (there are exceptions in cities). The commission can range from 30 to 100 percent depending on the class of housing and the company’s pricing policy. If the realtor is sure that the price of the apartment is adequate and the owner himself will not place the advertisement, then the commission may be increased.
Pros : in this case, the owner does not pay for anything and gets tenants.
Disadvantages : with this approach, the agency is interested in the tenant moving in as quickly as possible, so you shouldn’t rely on the realtor checking the tenant in this option. It is also possible that they may hide negative information about the tenant from you, just so that the deal goes through. Further work with such residents is already on the shoulders of the owner.
Recommendations : Choose your realtor carefully (look for reviews on the Internet or ask for recommendations). Make sure that he has been working in the market for a long time; such agencies protect their reputation. And another life hack - tell the realtor that you plan to rent out the apartment for many years. If an agency (or a private realtor) is interested in long-term work with you, then a minimum selection of residents will still be made. If the intermediary offers you to use his own version of the contract with the tenants, then double-check it carefully. As a rule, in this case, the agencies do not bother to study the legal basis of your interactions with residents. Often the standard forms they offer may not take into account your interests or may simply be invalid, as they contradict the law.
What should you pay attention to first when choosing a real estate agency?
Therefore, those landlords who rent out an apartment through an agency are doing absolutely the right thing. They immediately get away from many problems and receive only advantages.
I tried it. I deleted the ad about 45 minutes after publication because the phone kept ringing (all agencies). It's impossible to work. So this option is only possible if you buy a separate SIM card specifically for these purposes.
Thanks to the professional assessment of our specialist, you will be able to rent out your apartment profitably and quickly.
I have been cooperating with Moscow Lights for a long time - no problems finding tenants for my apartment. All problems are solved and prevented. Well done! Renting out an apartment today can be called a fairly profitable business. Every day a huge number of people are looking for an apartment to live in, choosing it according to their parameters and advantages. Housing is always in demand, especially in Moscow, so if you decide to start renting, you definitely won’t go broke.
Open ones are posted on specialized resources like Navigator or Domofond and are available for review by everyone who visits the site.
An experienced realtor working in an agency that respects itself and its clients:
- will undertake the search for options that satisfy the expressed requests;
- organizes a viewing of the apartment, guaranteeing the accuracy of the photographs, or with personal participation;
- will check documents confirming that the declared owner of the apartment is indeed real;
- will negotiate with the owner, taking into account first of all the interests of his client;
- will indicate the presence of nuances that may indicate the unreliability of the option being viewed;
- If the consent of the parties is obtained, it will help to draw up and sign an agreement.
And here you will have to keep your eyes open, as they say. There are a great many swindlers and swindlers ready to take the bait of gullible citizens and take their money.
Since April 2020, a new service has been provided for the capital's housing rental market: guarantees to the Landlord for the entire rental period, confirmed by an official document - Guarantee Obligations.
And for an agent to come with me for inspection, please pay 12,000!!!!! This is not in any way. By the way, I was already ready to pay for the agency’s services, because I really needed the apartment and it fit the parameters perfectly! I came to them, nowhere was it indicated that this was a Megapolis agency, by the way, it was located in Tyumen, in a small room there were 3 tables and 2 girls.
Office. This is the face of any company. Reputable real estate agencies (RAs) will have a reputable office. If this is some kind of “shack”, a rented room, then it’s better not to risk it. We offer mastery of the prestigious profession of realtor. Our advantages: successful 20-year history of the company. Requirements for candidates: age from 22 years; active life position; computer knowledge; ability to communicate; presentable appearance; goodwill.
Opened since 1992, the capital's real estate and investment agency.
- The site has its own bulletin board.
- Commission 50% (rental options from owners are possible)
- Fast and high-quality execution of transactions;
- Transaction security guarantee;
- Good condition of rental housing
The exact cost of rental housing. If you want, after some time, to raise the rental price, this possibility must be spelled out in the contract.
The same property may be in circulation with several agencies, and while one realtor is negotiating a deal, the second will quickly rent out this apartment.
Real estate agency "Alma" will help in resolving the housing issue. By contacting our agents, you will save time, effort and money. One of our activities is renting out apartments. We help owners and tenants conclude a profitable deal in the shortest possible time. Contact us - real estate professionals will definitely help.
The same property may be in circulation with several agencies, and while one realtor is negotiating a deal, the second will quickly rent out this apartment.
Real estate agency "Alma" will help in resolving the housing issue. By contacting our agents, you will save time, effort and money. One of our activities is renting out apartments. We help owners and tenants conclude a profitable deal in the shortest possible time. Contact us - real estate professionals will definitely help.
Usually they try to solve this issue either on their own, or resort to the help of real estate agencies, which in Moscow, as in a big city, are apparently invisible.
Option 2. Rent out the apartment with the help of a manager for a percentage.
Essentially, you hand over the apartment to management, and the keys are also handed over to the manager. All rights to housing, including visiting it, remain with you.
Pros : you relieve yourself of all worries. Search for tenants, their selection, conclusion of contracts, control of all payments, minor repairs, control over the safety of property. All this is no longer your concern. Serious agencies are in touch 24/7 so that they are ready to go to the address in case of any problems.
Cons : You pay interest every month. Typically this is 10% of the tenant's rent.
Recommendations : There is a phrase “the devil is in the details.” Be sure to carefully research the agency's reputation and time in the market. After all, you are entrusting not just the search for a tenant, but, in fact, your property. Carefully study the agreement that will be concluded with you and that will be concluded with the tenants. If there are contradictions in the agreement or it is not detailed, this means that the manager is working superficially and does not bother with details. Study your rights to visit housing and contact residents, the procedure for terminating the contract, and the procedure for accrual. Ask how the manager resolves the issue with debtors who have moved out, and whether he has any judicial practice. Give preference to those companies that concentrate on this way of working and do not engage in other activities.
Our company works this way. We hope this did not affect the objectivity of this article)).
Services and guarantees for renters
However, here you are taking a risk: what if this person has bad intentions? There are a lot of options here - from theft to the illegal sale of your apartment (whatever happens!).
If you want adventures that you will remember for the rest of your life, try renting/renting an apartment through CIAN) Vivid sensations are guaranteed. Particularly pleasing are the agents who disguise themselves as owners and lie to the last eye. And then suddenly they start demanding commission at the last minute. There are a majority of such weirdos at CIAN.
The Company reviews and records all residential rental claims (written and oral).
For example, if the owner decides, “at the behest of his left heel,” to increase the rental price before the end of the contract, the tenant can contact a realtor and he, in turn, will either influence the owner or find the client an apartment of a similar price without a commission.
The disadvantages of individual agencies include the fact that they only work with open databases. The same property may be in circulation with several agencies, and while one realtor is negotiating a deal, the second will quickly rent out this apartment. Renting residential real estate has long become a familiar procedure for many categories of citizens who want to solve their housing problem for a long or short period. Lux Apartments specialists are ready to share their competent opinion, revealing the pros and cons of renting apartments through agencies.
It is located in a small room rented in some hotels, administrative buildings, etc. with a minimum of (2-3) employees.
What do you need to know to avoid unpleasant situations, quickly find affordable and decent housing, and rent it correctly for a long time?
People who are faced with the need to rent an apartment for the first time usually turn to an agency. It is advisable to find a trusted organization, ideally on the recommendation of friends . The tasks of a real estate specialist are as follows:
- Find an apartment according to the client’s requirements;
- Set a viewing period with the landlord;
- Accompany you to viewings of selected apartments;
- When drawing up a rental agreement, conduct all negotiations;
- Advise the client on contract issues;
- Check the owner's documents regarding the ownership of the property;
- Directly conclude a lease agreement, as well as draw up a transfer and acceptance certificate, which will contain an inventory of the property of the apartment.
The mother kept delaying the conversation, saying that she would come and then give back some of the money. However, upon arrival, he avoids the meeting. We vacated the apartment, I would like to get my money back. The son did something stupid and signed this agreement without asking his daughter for a document on the right to property. In addition, it turned out that this apartment is communal and there is another owner.
The apartment tenant will receive the necessary support from the beginning to the end of the process, which will ensure the guaranteed safety of their money, personal safety, and a good prospect for future living in favorable conditions.
Today we are supposed to look at the apartment, but she doesn’t pick up the phone, then she turned off the phone and doesn’t answer messages. Could this be a scam? Have I fallen for apartment scammers? Will it be possible to get my money back for renting an apartment?
Option 3. Rent out the apartment to an agency at a fixed price.
The method is similar to option 2, only the Agency pays you a fixed fee (lower than the market one) regardless of whether the housing is rented or not. More often this method is used when renting out an apartment on a daily basis.
Pros : you receive a stable income. Whether there are tenants or not, all this may not matter. All issues in this case are resolved by the agent. Rent, utility bills, minor repairs - these are no longer your worries.
Cons : you receive an income below the market rate, and this difference can be up to 50% or the apartment can be rented daily.
Recommendations : the same as for Option 2, you just need to make sure whether the apartment will be rented out on a daily basis, and if so, whether you are ready for this. When renting daily, there are higher risks for the property. Checking tenants, video recording of property, securing a transaction, legal work - as a rule, with daily rentals they don’t bother with this. An acceptable and stable payment may be offset by high damage to your property or other problems.