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Updated about 9 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Jeremy Kaufman
  • Homeowner
  • Studio City, CA
1
Votes |
7
Posts

Renting my home myself, but renter's agent wants commission

Jeremy Kaufman
  • Homeowner
  • Studio City, CA
Posted

For the first time, I am becoming a landlord.   I am leasing my Los Angeles home for 2.5 years.  I have it listed for $6,300/mo on Craigslist and Zillow.   

The agent of a prospective tenet is asking me for 4% commission.   Is it customary for an unrepresented landlord to have to pay a tenant's agent commission?  Is 4% customary? If I refuse to pay a commission, will it be impossible for me to find a renter? 

I'd appreciate any advice.  Thanks!

Most Popular Reply

User Stats

42
Posts
10
Votes
Courtney M.
  • Investor
  • Los Angeles, CA
10
Votes |
42
Posts
Courtney M.
  • Investor
  • Los Angeles, CA
Replied

Hey Jeremy. When I list my LA properties on Craigslist, I get ALL kinds of calls from people offering to bring me tenants if I pay them a commission. I always say no. I always rent it to other people within a week. If you want to hire someone, thats up to you, but if the prospective TENANT hired someone - you dont owe them anything.

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