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Updated over 10 years ago on . Most recent reply
Are there benefits/downsides to listing a rental on the MLS vs a site like Craigslist or Hotpads?
Multi-unit here who recently got real estate license (SoCal). Are there benefits/downsides to listing a rental on the MLS vs a site like Craigslist or Hotpads?
Meaning, are there any ups/downs to finding a tenant through a realtor via the MLS vs on your own on Craigslist?
Most Popular Reply
@Carlos Asuaje - generally speaking the 10% charged by the realtor is a one time fee. And 10% is considered "low" by New York standards. They are not receiving an ongoing commission unless this is specifically a commercial property - and those agreements are usually hammered out long before they go after a tenant for you.