General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Having current tenant do the showings
Has anyone allowed current tenants do the showings for your apartments? I know that legally someone cannot show the apartment (be a salesman) if they do not own it or have their real estate license. So it's technically illegal to have your buddy show your rental for you that isn't licensed (in Ohio at least). However, if you just have your buddy let that person into the apartment and not "sell" it, then that is legal.
I have an idea to allow a resident in unit 1 to greet and allow entry for a prospective resident who would be living in unit 2 in order to view what the apartment is like. I would provide a monetary incentive to the current resident for doing me a big favor. This will eliminate my need to show the units. I can have my virtual assistant line up showings with the current resident and then have current resident allow the prospective client into the building. At that point I can be on the phone or FaceTime with the prospect and sell the apartment. This will eliminate my need to physically be there.
Thoughts??!