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Updated 3 months ago on . Most recent reply

User Stats

209
Posts
56
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Shawn Dandridge
  • Investor
  • Houston, TX
56
Votes |
209
Posts

RE Agent Fee for Rental

Shawn Dandridge
  • Investor
  • Houston, TX
Posted

I am hiring a RE agent for a rental I have in DFW. In the contract it states she gets 100% of 1 month's rent if a tenant they found renews. Also, if they sell to a tenant, they get 6% of the sell price. Are these common now? I don't remember ever seeing this years ago. 

Most Popular Reply

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4,170
Posts
2,496
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Michael Smythe
  • Property Manager
  • Metro Detroit
2,496
Votes |
4,170
Posts
Michael Smythe
  • Property Manager
  • Metro Detroit
Replied

@Shawn Dandridge we 100% agree with @Nathan Gesner

Suggest you find a PMC in the area that will just do Placement Only.

They'll be better at it than 97% of real estate agents.

  • Michael Smythe
business profile image
Logical Property Management

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