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Updated over 8 years ago on . Most recent reply

User Stats

33
Posts
5
Votes
John S.
  • Real Estate Investor
  • Arlington, VA
5
Votes |
33
Posts

What do you think of this business idea? (Out of town landlords)

John S.
  • Real Estate Investor
  • Arlington, VA
Posted

I'm an out of town landlord, and I'm tired of paying high fees to real estate agents to show prospective tenants my unit. Currently, agents charge 8%, or 1 month's rent - which amounts to $1.5k per year for my unit. Margins are already low, so this extra charge hurts.

What do you think of a website that helped you show prospective tenants your unit for a reasonably low fixed cost? All you'd have to do is mail the key in and the company would take care of the advertising and showing. It'd charge a flat fee and subsequent renewals after the original lease was over would be discounted.

Any interest in this or not so much? How much would you pay for this service?

Your honest opinion matters!

Thanks!

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