I use a agent to rent my unts, the fees are nowhere near what this article states though. 1 month rent is the fee I pay.
Also, through the contacts and lead-flow my agent has, he ends up getting better qualified tenants who pay more than I would do myself, listing on craigslist.
He also handles all credit checks, background checks, etc.. on his own dime.
In my area, Agents charge landlords 1/2 a month's rent. Of that 1/2, (or one quarter of one months rent) goes to another agent if they bring a qualified tenant into the unit. I think 20% recurring every month is way too much, however I don't know the sources Boxyroom used. They are, however, in the business of listing rentals - so there's that.
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I use a agent to rent my unts, the fees are nowhere near what this article states though. 1 month rent is the fee I pay.
Also, through the contacts and lead-flow my agent has, he ends up getting better qualified tenants who pay more than I would do myself, listing on craigslist.
He also handles all credit checks, background checks, etc.. on his own dime.
In my area, Agents charge landlords 1/2 a month's rent. Of that 1/2, (or one quarter of one months rent) goes to another agent if they bring a qualified tenant into the unit. I think 20% recurring every month is way too much, however I don't know the sources Boxyroom used. They are, however, in the business of listing rentals - so there's that.