Do I Need a Realtor to Rent a Condo?

Chris at Hauseit (https://www.hauseit.com) answers the question of whether tenants or landlords need a Realtor to rent a condo.

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Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Visit https://hauseit.com, send us an email to team@hauseit.com or give us a call: (888) 494-8258 to learn more. Established 2014.

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No, neither prospective landlords nor prospective tenants need a Realtor in order to rent or rent out a condo, and there is no legal or regulatory requirement to do so.

Prospective tenants can reach out to landlords and listing agents directly, without needing to go through their own agent (i.e. a tenant's agent).

Landlords can list their homes for rent For Rent By Owner (FRBO) without needing to go through a Realtor to list their homes.

With that said, it may be wiser to through a Realtor, especially one that can reduce the commission or give you some of the economics back as Realtors tend to have better access to information or marketing resources.

For example, for landlords it makes a lot of sense to list via a flat fee MLS service like Hauseit, where landlords can get the same exposure to buyers and Realtors for a fraction of a traditional broker fee.

For tenants, it might make sense to work with a Realtor who will agree to rebate part of the commission back to the tenant. Hauseit has a select service for prospective tenants with budgets greater than $10,000.

Remember that Realtors also have better access to information via the MLS, which often has much more detail about a listing and the property vs what you'd be able to find on any regular, 3rd party website.

Lastly, for tenants and landlords who simply don't have time, or who aren't familiar with the process or the area, it might be advantageous to have a Realtor just handle everything for you via a full-service offering. Check out www.hauseit.com for our discounted full-service offerings by some of the most experienced real estate brokers in your area!
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https://www.hauseit.com

Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Est 2014.

Hauseit Group LLC, Licensed Real Estate Corporation
Tel: (888) 494-8258 | https://www.hauseit.com
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