Renting through a real estate agency? These are the main advantages.
March 24, 2022
Renting a property can be an unpleasant or lengthy process for owners. However, you can handle it directly or through a real estate agency, which can speed up and simplify the entire process.
In order to take advantage of this service, the property must be transferred to the real estate agency that will handle the transaction, or in this case, the rental process, from start to finish. It is common for owners to choose a company that will manage their property with a team of professional experts who will manage it according to the owner's requirements.
If you choose to rent your property through a real estate agent, you will receive benefits such as:
Advice to the owners: the real estate agency advises and accompanies the owners before the drafting and signing of the contract for the transfer of the property, informing them of the responsibilities and obligations of each of the parties.
Rental price study: the Real Estate Agency carries out a study of the property in order to determine an appropriate price for the rental. This value is set so that the property is a good competitor in the real estate market without the owner losing money.
Advertising the property: in order to accelerate the rental of the property, the availability of the rental property is published in various media, especially digital, to achieve greater awareness and rent the property as soon as possible.
Analysis of the tenant: another advantage of renting through a real estate agency is that a study and analysis of the economic capacity of the potential tenant is carried out to avoid possible inconveniences in the fulfillment of the rental process.
Rental agreement: creation and definition of the rights and obligations of both the real estate company and the tenant in a rental agreement, which they agree to comply with after signing.
Handing over the property: after signing the rental agreement, the real estate consultant in charge is responsible for handing over the property to the tenant, along with the appropriate inventory report confirming the condition of the property at the time of handover. He or she is also responsible for taking delivery of the property at the end of the rent and making sure the property is in the same condition as when it was delivered.
Payment Guarantee: one of the best advantages of renting through a real estate company is that the real estate company guarantees to the owner the receipt and remittance of the monthly rent payments.
Communication: the real estate company is responsible for communicating with the tenant and takes care of all his requests, complaints or demands during the tenancy.
Recovery of the property: in case of problems with the tenant or breach of contract by the tenant, the real estate company is responsible for resolving the problems and, if necessary, for terminating the contract and recovering the property.
Although the option for owners to rent the property through a real estate agency comes at an additional cost, it means a savings in effort and time in the rental process, making this an agile, quick and efficient process that assures landlords of rental insurance.
Are you looking to rent out your property? At Cross Country Reality, we can advise and guide you through this process. Contact us and request information at 800.CCR.3606