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Updated about 6 years ago on . Most recent reply

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24
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Leo Tsang
  • Somerset, NJ
4
Votes |
24
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What to do if I can find a tenant before the agent does?

Leo Tsang
  • Somerset, NJ
Posted

I am using an agent to fill my rental property hoping that he would have a much bigger network and be able to find a tenant much quicker.

At the same time, I also advertise by myself.

What if I could find a potential tenant before the agent could? Should I just screen and sign the contract with the tenant without going thru the agent? Or should I refer the potential tenant to the agent? 

If going down the first route, am I violating any contract with the agent? But the latter option will cost me a month of rent which, to me in my point of view, isnt worthy as it is not the agents effort.

What would you choose? And what's your suggestion? Thanks.

  • Leo Tsang
  • Most Popular Reply

    User Stats

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    John Underwood
    #1 Short-Term & Vacation Rental Discussions Contributor
    • Investor
    • Greer, SC
    15,152
    Votes |
    12,445
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    John Underwood
    #1 Short-Term & Vacation Rental Discussions Contributor
    • Investor
    • Greer, SC
    Replied

    Look at the contract you signed with the agent to see if you can save any money if you find someone first.

    Also talk to the agent, they me be willing to not charge you the full amount if you find someone.

    If your contract doesn't allow you to save any money if you find someone then just direct anyone you find to the agent and let them earn their money.

  • John Underwood
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