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Updated about 10 years ago on . Most recent reply

User Stats

46
Posts
10
Votes
Zigmunt Smigaj
  • Rental Property Investor
  • Colorado Springs, Co
10
Votes |
46
Posts

Agent incentive fee for showing my rental property?

Zigmunt Smigaj
  • Rental Property Investor
  • Colorado Springs, Co
Posted

I'm not sure but it seems unethical for a management company to ask me if I want to authorize a "agent incentive"  in order to get my rental property rented.  This company is also a real estate office and they use their agents to show rental properties in addition to selling properties.  What I don't like is this fee ($150, or $300 double incentive) almost gives the perception that if I don't authorize a agent fee then my rental will go to the bottom of the list and never get shown.  Is this normal practice out there? 

Most Popular Reply

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5,659
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1,832
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Elizabeth Colegrove
  • Hanford, CA
1,832
Votes |
5,659
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Elizabeth Colegrove
  • Hanford, CA
Replied

Honestly that and many more reasons was why I manage it myself. I am honestly not surprised. When you think about it $50-$100 to do all the foot work of a "sale" with none of the profits have no incentives. 

I have been able to handle my rentals long distance through advertising through postlets and other sites. I had an agency tell me it would take me 30 days to fill a house, mine I have sit empty. Things like this make me "scratch my head". 

At the end of the day, if your unwilling to do it yourself, they are the best company, you have to play their games!

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