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Updated 9 months ago on . Most recent reply

Account Closed
  • Investor
  • Houston, TX
2
Votes |
20
Posts

Realtor to rent a SFR based on trust, and no contract?

Account Closed
  • Investor
  • Houston, TX
Posted

Found a realtor through a local (Houston TX) contact who helped her find a good tenant. I strongly believe in only hiring through verified contacts. That said, the realtor says he didn't have a contract with her and does not need a contract with me either and he works based on trust. Thoughts please! (I will insist on a contract, but I don't want him to think I don't trust him.) Is a contract necessary in all cases? I checked his listings. He seems to have very few but the rentals move fast, although not the sales.

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

Someone should absolutely have a lease with the tenants and you should really have a contract with the realtor.

You need to know realtor commission, length of agreement, etc. Get everything in writing to prevent misunderstandings.

  • John Underwood
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