Private Owner Perspective: Why List Through An Agent?

Screen Shot 2017-11-20 at 10.09.46 AMThere are quite a few steps typically required for any private landlord to procure a quality tenant: marketing, conducting showings, screening tenants, and preparing lease documents, among others.

While seasoned private landlords might even enjoy the aforementioned processes, many landlords would simply prefer their unit be rented in a timely manner by a high-quality tenant.

The most obvious obstacle for any private landlord in this situation is time. It can be significantly difficult to juggle a full-time job, schedule showings, conduct showings, screen tenants and prepare documents.

Furthermore, there is a certain level of expertise and experience that a private landlord might want to have before tackling the necessary steps towards attaining a new tenant. For example, if a landlord has never drafted a lease on his or her own, an experienced agent can step in and do this on his or her behalf.

Marketing rentals is also a facet of the procuring process that agents may assist with. Both verbiage and listing flow are critical components to successfully attracting tenants when marketing online, and rental agents know what has been tested in the marketplace and works.

While agents have mastered the use public listing sites such as Zillow and Craigslist, they also have access to the Multiple Listing Service (MLS), increasing visibility in ways the typical private owner simply cannot.

For screening purposes, Rental Beast provides both landlords and agents with a new ‘Apply Now’ function. Screening traditionally has been a burdensome process.

Screen Shot 2017-11-20 at 10.31.14 AMNow, landlords and agents have the ability to seamlessly screen tenants via Rental Beast’s online application and integrated partnership with Transunion. It is important to note that only private landlords are able to view sensitive application results, even if a given application was triggered by a partner agent on behalf of the landlord.

We at Rental Beast understand that private landlords, regardless of experience level, like to control the tenant selection process with varying degrees of firsthand involvement.

Rental Beast lends a landlord the flexibility to simultaneously market a property on his or her own, and receive agent assistance via the Rental Beast platform.

With Rental Beast, a landlord will only pay the brokerage commission once he or she has decided to accept a tenant procured by the agent and the lease is officially signed. In the meantime, landlords are able to proceed exactly as they were before. There is no upfront fee that will be collected.

We hope this post helps you, the private landlord, decide what avenue is best for both yourself and your rental property. Rental Beast can serve as a zero-risk solution that both maximizes visibility on your property and lends you the ability to receive agent assistance.

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Why You Should Use a Realtor to Find Your Next Rental

Starting your search online for your next home to rent has become commonplace. But when it comes time to narrow your search, it may seem like homebuyers have the advantage of calling on a real estate agent to help them through the process. But renters shouldn’t sell themselves short. Many real estate agents will gladly represent a renter. It’s just a matter of connecting with the right professional who is familiar with the rentals in your target area.

By enlisting the help of an agent, you get all the benefits available to a homebuyer: professional experience, a personal touch, local knowledge, and an understanding of your budgetary constraints.

Here are four reasons you may benefit from using a real estate agent to help you find your next rental.

  1. 1Location: If you’re going to be living in a central neighborhood close to downtown, having a professional on hand would be extremely helpful. Often in a competitive market like DC, a real estate agent is necessary to help you get appointments to tour available spaces.
  2. Relocating: If you are unfamiliar with the DC Metro area and neighborhoods, it could be a major advantage to call in a pro who spends their days scouring neighborhoods for available homes.
  3. Time: Some perspective renters simply do not have the time to search websites, connect with landlords, and tour properties. Enlisting the help of an agent can eliminate that time crunch they struggle with.
  4. Touring: Besides large apartment communities, most rentals are run by mom-and-pop landlords and property owners, where calls and emails have the potential of going unanswered. Even if you’ve got access to the leasing office, businesses may close at 6pm, creating a very limited window to access someone who can assist you. It’s a real estate agent’s job to make that connection for you. With an agent representing you, it might be possible to schedule an after-hours showing or ensure the property manager knows you’re serious about your inquiry.

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Rental Beast has been partnering with real estate firms in the DC area to help support and train their real estate agents to be the most prepared and qualified professionals when it comes to helping perspective renters find their next home. With a database of up-to-date and available properties larger then any other website or professional listing service, the Rental Beast platform helps to make sure that any person looking for a rental property will find exactly what they need. Our agents work for some of the leading brokerage firms nationwide and take pride in providing that professional experience and local know-how to help you find your next home. No other platform can take you from first click to signed lease with greater ease.