Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

115
Posts
29
Votes
Ali L.
  • Investor
  • Brooklyn, NY
29
Votes |
115
Posts

Grounds for broker fee refund on rental, Ontario

Ali L.
  • Investor
  • Brooklyn, NY
Posted

Are there any grounds/forums to dispute a broker fee? Tenant is in the condo about 30 days and so far has had a few major infractions resulting in ban from public facilities and assessment of additional common fees. On top of blatant disregard for the condo rules (which they signed acknowledging before move-in), the tenant speaks and understands very little English. The broker did not disclose this to the landlord. The best option seems to cancel lease for non-compliance and relist. Sucks to have to pay full broker fee again!

Most Popular Reply

User Stats

28,072
Posts
41,077
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,077
Votes |
28,072
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Ali L.:

I would contact that agent's Broker and explain the situation. See if they will help you find a new tenant at no cost.

In the future, I recommend you have some protection in your agreement or consider hiring a property manager. When an Agent places a Tenant, they get paid their fee and walk away. There's no incentive for them to find you a well-qualified tenant because they are no longer involved. If you hire a property manager, they have an incentive to find a good tenant because they'll have to deal with them for the next year.

  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
165 Reviews

Loading replies...